Farm the turd -- beat the herd
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Alias Born | 02/17/2010 |
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Asian stock markets extend global rally
http://finance.yahoo.com/news/Asian-stock-markets-extend-apf-2212558569.html?x=0&sec=topStories&pos=1&asset=&ccode=
CTXIF, I guess most missed the excellent earnings and guidance raise which puts them at a p/e of 3.2
Just another bookmark, he mentioned a few companies I don't have on my watch list...
Hookah time
Interesting (Glen Bradford) blog:
http://www.globalspeculation.com/
VIT added to the Dow Jones Emerging Markets Technology Titans 30 Index
Added CHNC and UTA today, dumped NFEC and NIV
What's you take on NEP?
HCI, I second this nomination. I've received prompt and informative replies to my inquiries regarding CGPI.
KNDI - Kandi Reports First Pure Electric Vehicle Sales to Consumers in Jinhua City in Conjunction With Opening of First "Battery Charging Farm" and "Express Change" Battery Station 12/01 05:00 AM
JINHUA, CHINA -- (MARKET WIRE) -- 12/01/10 -- Kandi Technologies, Corp. (KNDI:$5.745,0$-0.305,0-5.04%) ("Kandi" or the "Company"), today reported that, on the heels of the grand opening last week of Jinhua City's first "Battery Charging Farm" and "Express Change" battery station, consumer sales of Kandi's (KNDI:$5.745,0$-0.305,0-5.04%) pure EVs have now begun. At a launch ceremony for the Company's new energy vehicles held in the People's Square on November 26, well attended by a highly enthusiastic crowd of local citizens, government officials and news media, Kandi (KNDI:$5.745,0$-0.305,0-5.04%) reported that with a low base price of RMB 39,500(US$5,918) excluding batteries and anticipated local subsidies, the Company immediately sold out the first 20 Kandi EVs available.
According to the Company, these sales mark the start of a new era for pure electric vehicles in Jinhua, which now will be available to the city's daily commuters. Further, the Company believes the Jinhua EV model will serve as the leading example for the implementation of new energy cities in China. Supporting these sales, the Jinhua Dong Guan Electric Vehicle Charging Station, Zhejiang Province's first EV "Battery Charging Farm" and "Express Change" station is in place to provide power for the batteries and to provide rapid battery replacements as needed.
3000 New Energy Electric Vehicles Expected To Be Operated In Jinhua
According to the Company, the steps taken by the Jinhua municipal government to promote the purchase of new energy vehicles are providing significant benefits to its citizens today as well as future generations.
Jinhua City's Vice Mayor Zhongliang Jin, who attended the launch ceremony, stated, "The development of new alternative energy vehicles is an action that not only implements the industrial policy of Jinhua City, but also aims at grasping initiatives which further develop the new energy sector, creates local advantages, and also effectively permits migration to the next generation of automobiles which will upgrade the automotive industry."
The Vice Mayor reiterated the Kandi (KNDI:$5.745,0$-0.305,0-5.04%) originated model being followed in Jinhua, namely, "separating the sales of batteries and cars, centralizing the electric charging, and providing fast, safe, professional battery replacement and maintenance services."
He added, "Our plan is to serve local residents by putting 3000 new energy vehicles in use before the end of 2012, which will result in a substantial reduction in gasoline usage as well as in carbon dioxide emissions."
Putting specific numbers on these anticipated improvements, Mr. Jin noted that, assuming one car's mileage in one year is 20,000 km, 3000 new energy vehicles can provide a savings of 3.6 million liters of gasoline (fuel consumption of 6 liters per hundred kilometers), thereby eliminating 8114 metric tons of carbon dioxide emissions (per liter of gasoline combustion carbon dioxide 2.254 kg), containing a variety of harmful substances to reduce exhaust emissions of nearly 36 million cubic meters (per liter of gasoline from combustion of 10 cubic meters).
Kandi's (KNDI:$5.745,0$-0.305,0-5.04%) Innovative Business Model: Solving Five Major Obstacles to EV Success
Commenting on the Kandi Model KD5010 being sold in Jinhua, the Company stated, "Over the years, Kandi (KNDI:$5.745,0$-0.305,0-5.04%) has been committed to the development and manufacturing of new energy vehicles, and eager to provide consumers really good product at an affordable price. The Kandi KD5010 EV has been designed from the ground up as a pure electric vehicle for use in the city. Its novel design, small size, ease of parking, comfortable and spacious interior -- two-seats with a large trunk -- makes it a very practical yet environmentally friendly city car for daily commuters. It has been approved by the Ministry of Industry, and included in the national catalog of new energy automotive applications directory of recommended models, and now it will officially be 'on the road' in China."
As the Company has outlined in prior releases, there are five reasons experts cite that have delayed placing pure electric vehicles into commercial scale production and operation: high price, short driving range, long charging time, inadequate charging facilities, and waste battery recycling difficulty. To solve these problems, Kandi (KNDI:$5.745,0$-0.305,0-5.04%) adopted a new business model: "separation of electric car and battery", in which car users are not required to buy batteries. Instead, a professional services firm provides battery leasing, management, charging, rapid change, and recycling.
The Company believes that its selling model enables its EV price to be 10% to 20% lower than that of similar grade gasoline powered cars. It further believes that the operating cost per hundred kilometers of the EV in the new business model could be approximately 50% lower than the cost for fuel in similar gasoline powered cars and up to 40% lower even compared with low-emission gasoline vehicles. It added that Kandi's (KNDI:$5.745,0$-0.305,0-5.04%) EV can travel approximately 100-150km per battery change. Further, in the new business model, there is an "Express Change" station every five kilometers, providing support services to extend the operating range of pure electric vehicles which no longer are limited in driving range. Battery charging time takes 7 ~ 8 hours, but this time can be shortened by centralized charging; moreover, the driver only needs to go to the nearby "Express Change" station to replace the battery. There's a professional services company that will properly change the battery and users will not face a long charging time. The professional services companies can also implement standard management of scrap batteries and focus on recycling, regeneration, preventing pollution, and protecting the environment.
The New Battery Charging Farm and Express Change Station
The Jinhua Dong Guan Electric Vehicle Charging facility and "Express Change" (battery replacement) station, a result of an over RMB 30 million investment by the State Grid Power Corporation, is the Zhejiang region's first electric car battery charging and "Express Change" battery station, and also is the province's largest and most complete facility of this kind. In addition to the Dong Guan Electric Vehicle Charging Station, at selected intersections of every 5 by 5km within a range of 300 square kilometers in Jinhua, it is expected there will be six "Express Change" stations to form a standard and rapid battery replacement distribution network.
OINK - Tianli Agritech Provides Operational Update and Discusses Pricing Status 12/01 05:00 AM
WUHAN CITY, CHINA -- (MARKET WIRE) -- 12/01/10 -- Tianli Agritech, Inc. (OINK:$5.26,00$-0.33,00-5.90%) ("Tianli" or "the Company"), a leading producer of breeder hogs and meat hogs based in Wuhan City, China, today provided an update on its operations and provided insight regarding policies recently announced by China'sState Council to stabilize pork prices.
"We would like to provide our shareholders with our understanding of the potential effect on Tianli Agritech (OINK:$5.26,00$-0.33,00-5.90%) as a result of the China State Council's recently announced policies intended to stabilize consumer pork prices and facilitate adequate supplies of pork products to consumers," stated Tianli's Chairwoman and CEO, Ms. Hanying Li. "The policies include various provisions intended to reduce the costs of bringing agricultural products to market and to assist consumers to pay for these staples. After reviewing these policies and based on our current understanding, we do not see that these policies will have a direct impact on how Tianli conducts business and how the prices for our breeder hogs and our market hogs are established." Ms. Li continued by saying, "Our revenue projection for the fourth quarter assumed price levels consistent with those we had experienced in the third quarter. The prices that we have realized during the first two months of the current quarter are slightly better than the third quarter levels and we expect that will be the case for the full fourth quarter. The number of breeder and market hogs sold during the current period is meeting our expectations."
You recommended the movie "The Road" a while back. Just watched, great flick!
Ding a ring ding
UTA, where is the love
BAC bouncing back
RCON gettin some action today
CCCL - anyone else buying today @ 7.25
CHNC - interesting that CADC is listed as a competitor
http://www.chinaiccorp.com/our-company.php
ENHD dirt cheap here
CCCL - adding @ 7.25, got all I want for now
UEC has been on fire with the re craze
CHNC - added 1/4 position
Agree,too risky a play for me
OINK gettin porked today, I don't see any news...
DJSP up 28%
CEU- China Education Alliance Announces Shareholder Update Conference Call 11/30 09:44 AM
HARBIN, China, Nov. 30, 2010 /PRNewswire-Asia-FirstCall/ -- China Education Alliance, Inc. (CEU:$2.73,00$-0.20,00-6.83%) , a China-based education resource and services company, announced today that that it will hold a conference call at 10:00 a.m. ET on Tuesday, December 7, 2010, to discuss and answer any questions investors may have regarding the Company's business and financial statements. To participate in the call and have your questions answered, please email your questions by Friday, December 3, 2010, to Mr. Zack Pan, Chief Financial Officer at the following email address: zackpan08@chn-edu.com, or zackpan08@gmail.com. Please indicate clearly your name, number of CEU shares owned and contact information in the email.
"We are fully committed to maintaining the highest standards of disclosure and maintaining the confidence of our investors and shareholders," said Mr. Xiqun Yu, the Company's Chief Executive Officer. "In light of recent unfounded allegations casting doubt on the integrity of our business model and financial statements, management has decided to collect and address questions from investors in a conference call."
China Education Alliance Announces Shareholder Update Conference Call 11/30 09:44 AM
HARBIN, China, Nov. 30, 2010 /PRNewswire-Asia-FirstCall/ -- China Education Alliance, Inc. (CEU:$2.73,00$-0.20,00-6.83%) , a China-based education resource and services company, announced today that that it will hold a conference call at 10:00 a.m. ET on Tuesday, December 7, 2010, to discuss and answer any questions investors may have regarding the Company's business and financial statements. To participate in the call and have your questions answered, please email your questions by Friday, December 3, 2010, to Mr. Zack Pan, Chief Financial Officer at the following email address: zackpan08@chn-edu.com, or zackpan08@gmail.com. Please indicate clearly your name, number of CEU shares owned and contact information in the email.
"We are fully committed to maintaining the highest standards of disclosure and maintaining the confidence of our investors and shareholders," said Mr. Xiqun Yu, the Company's Chief Executive Officer. "In light of recent unfounded allegations casting doubt on the integrity of our business model and financial statements, management has decided to collect and address questions from investors in a conference call."
re: VIT, also couldn't PSOF attain a similar valuation at some point?
What are your thoughts on VIT commanding a p/e of 57? Its been a pretty steady climb upwards so far...
ROTFL..i burried em in muh backyahrd lol
Eying TXIC for re-entry today or tomorrow
CPDU -%87, 215 shares traded. what a strange one...
Watching CBEH here
MCOX, out 8.45, +1.25
rotfl
New strategy:
Look for Yakalert
Buy stock
Go away, drink a beer or some other breakfast beverage
Come back to much $$
Sell stock, thank yak
Drink another beer
Works like a charm ;)