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T4M. Thanks. EOM
CHID. Looking strong.
AOOR?
T4M. Still in Chid?
Right T4M. And take a look to the history. We shall see some projections in one or two weeks.
SHENZHEN, CHINA and LOS ANGELES, CA--(MARKET WIRE)--Aug 1, 2005 -- China Digital Communications Group (OTC BB:CHID.OB - News) announced that its net income for the second quarter of 2005 was $698,656, approximately 800% greater than the Company's net income for the second quarter of 2004.
"The Company has continued to expand and develop its products over the last several quarters and its strong performance in the second quarter of 2005 resulted from an increase in market demand for the Company's products and from its new marketing strategy of increasing product sales by continuing to diversify its customer portfolio," said Yi Bo Sun.
nd
China Digital Communications Group Exceeds Sales Projection for Second Quarter 2005
Monday August 1, 7:10 am ET
SHENZHEN, CHINA and LOS ANGELES, CA--(MARKET WIRE)--Aug 1, 2005 -- China Digital Communications Group (OTC BB:CHID.OB - News) announced that its net income for the second quarter of 2005 was $698,656, approximately 800% greater than the Company's net income for the second quarter of 2004.
ADVERTISEMENT
The Company's revenue for the second quarter of 2005 was $3,316,327, 234.46% greater than the Company's revenue for the first quarter of 2004.
The Company's cost of sales for the second quarter of 2005 totaled 73.68% of net sales compared to 80.60% of net sales for the second quarter of 2004. The percentage decrease was due to the maturity of the Company's production process and improvements made to increase the Company's efficiency. In addition, the Company's operating expenses for the second quarter of 2005 were 4.11% of net sales, compared to 10.84% of net sales for the second quarter of 2004. The decrease was primarily due to the growth in the Company's revenue for the second quarter of 2005.
China Digital Communication Group Chairman and CEO Yi Bo Sun is pleased that revenue for the second quarter of 2005 exceeded the Company's earlier projection and that the Company's overall performance is continuing to produce strong results.
"The Company has continued to expand and develop its products over the last several quarters and its strong performance in the second quarter of 2005 resulted from an increase in market demand for the Company's products and from its new marketing strategy of increasing product sales by continuing to diversify its customer portfolio," said Yi Bo Sun.
China Digital Communications Group Exceeds Sales Projection for Second Quarter 2005
Monday August 1, 7:10 am ET
SHENZHEN, CHINA and LOS ANGELES, CA--(MARKET WIRE)--Aug 1, 2005 -- China Digital Communications Group (OTC BB:CHID.OB - News) announced that its net income for the second quarter of 2005 was $698,656, approximately 800% greater than the Company's net income for the second quarter of 2004.
ADVERTISEMENT
The Company's revenue for the second quarter of 2005 was $3,316,327, 234.46% greater than the Company's revenue for the first quarter of 2004.
The Company's cost of sales for the second quarter of 2005 totaled 73.68% of net sales compared to 80.60% of net sales for the second quarter of 2004. The percentage decrease was due to the maturity of the Company's production process and improvements made to increase the Company's efficiency. In addition, the Company's operating expenses for the second quarter of 2005 were 4.11% of net sales, compared to 10.84% of net sales for the second quarter of 2004. The decrease was primarily due to the growth in the Company's revenue for the second quarter of 2005.
China Digital Communication Group Chairman and CEO Yi Bo Sun is pleased that revenue for the second quarter of 2005 exceeded the Company's earlier projection and that the Company's overall performance is continuing to produce strong results.
"The Company has continued to expand and develop its products over the last several quarters and its strong performance in the second quarter of 2005 resulted from an increase in market demand for the Company's products and from its new marketing strategy of increasing product sales by continuing to diversify its customer portfolio," said Yi Bo Sun.
China Digital Communication Group Maintains a Strong Sales Projection for Second Quarter 2005
Thursday June 9, 9:00 am ET
Maker of Mobile-Phone Battery Components Cites Strong Demand and Continued Trend of Sharp Production Hikes
SHENZHEN, CHINA and LOS ANGELES, CA--(MARKET WIRE)--Jun 9, 2005 -- China Digital Communication Group (OTC BB:CHID.OB - News), one of the fastest growing battery components production companies in China, today offered sales and profit guidance for the second quarter of 2005.
ADVERTISEMENT
For the second quarter of 2005, ended June 30, the Company projects revenue of approximately $2,950,000, up 197.52% from unaudited pro forma revenue of $991,541 in the second quarter of 2004. Net income in the second quarter of 2005 is expected to be approximately $736,025, or $0.013 per fully diluted share, up 767.02% from unaudited pro forma net income $84,891, or $0.002 per fully diluted share, for the year-earlier quarter, the second quarter of 2004.
The Company cited a continued trend of sharply increasing demand and production, along with continuing cost controls, in arriving at its sales and profit estimates for the quarter. "The projected increase in sales is large but, we believe, reasonable based on recent trends," said Yi Bo Sun, China Digital's chairman and chief executive officer. "It reflects the rapid growth we have been seeing for the past several quarters in demand for our products and in our production capacity. China Digital has seen sharp increases in orders from mobile-phone manufacturers for its battery shells and caps, and we have recently increased both our physical capacity and our workforce to meet this demand. We believe both that we are in a long-term wireless boom and that we have the ability to increase our market share substantially."
T4M. Our CHID is doing well. :)
I think we will test .6 next week. IMHO
Wonder who is selling in CHID? Ideas?
WhAT is CHID playing? EOM
CHID. We could finish Green.
T4M. :)))) EOM
Bought more CHID. Let see. EOM
Trade4. Going to add more!. This think is panic. EOM
CHID. In. EOM
I wish HTDS goes up soon, so I can buy more PTSC at this low price.
My EPYH is running. EOM
WOW CKEI is really running. T4M you are amazing and thanks for sharing. I miss this one, though.
HTDS. There could be some shakeout before the announcement givin us a good opportunity to buy more. Not sure what is going to be the outcome with the judge. But, No Guts No Glory.
I believe HTDS is a good buy now. EOM
I am in HTDS. Hoping for a nice week!.
As per HTDS, when are you expecting news?
Thanks T4M. I sold CYBL yesterday and want to buy again but not sure about the bottom
I believe there is panic selling in CYBL and we will see panic buying later. Of course imho.
The question is what is the bottom? could have a spike any time. EOM
T4M. Bottom for CYBL? And HTDS. Good time to buy? Tks.
Where is CYBL going? Uncontrolled. :) EOM
0.097 now! CYBL
EPYH gapping up also.
EPYH? EOM
CYBL .77 .78
Thanks T4M. I will take a look.
The problem that I see with GRSU is the low volume. Could be hard to sell.
Bought EPYH in the morning at 0.027. Now is 0.02 after the buyback shares news?. T4M What do you recommend? Wait - sell? Geezzz, didnt have time to see the stock today!.
Thanks.
NEOM Green. You are the man T4M. EOM
EPYH. The MMs are not letting buy in the ask below 0.0325. Amazing!!! Was trying to buy 300.000 shares with 3 MMs in the ask and only one pick 5000 of the 300.000. Amazing!.
Are the MMs in lunch time? EPYH - No trades. EOM
My computer broken when I was going to buy EPYH at 0.031. LOL. Not in yet!. Very predictable moves. I think this stock will close in the high.
T4M. Excellent NEOM call. EOM
I will buy EPYH with another account again. MMs are moving the price down again