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I was wondering are any of you guys/girls buying on these dips ? Or do you first want to wait what happens with Q2 results / further news? Or are you waitin for pps to go below 0.20 dollar again. Looks like it will be going there again by the end of january...
Temporary running reverse...
I've got 10.000 shares at 0.24 dollar. Now we can go up again
_bbb_
what about that train? Did you buy it from the profit you made on GTEC or on SWVC ?
How do you like my train ? Wich one will be going faster you think ?
Early birds are nice animals, people should always treat them with respect and they deserve to be rewarded for being early
Well I am just a tiny small investor so I play the little league, haha
I have to keep some money to buy some more if we go further down than 0.24 in the couple of days. Wich isn't unlikely.
It reminds me I read a post at Yahoo's GTEC board once and there was a fellow over there who claimed he had more than 1.4 million shares of GTEC. Can you imagine having that many shares and then seeing the pps going up to a dollar within a year or so ?! That would be awesome..
From time to time I read JMDuttons report. Everytime I pick up new info. On page 8 it is stated that the current production facility operates at approx. 30% of its capacity. Also the company plans on building a new production plan (they will be needing about 10 million dollar for that).
My conclusion:
It means that they make about 100 million dollar of revenues operating at about 30% of production capacity! Needless to say there is a lot of upside potential to revenues and profits!!
PS
This sounds so good I have just put an order in to buy 10.000@0.24 dollar
New Products Pipeline
Product Name, Use, Stage, Expected Launch Date
Bezoar Yijin Tablets
Treats inflammations such as pharyngitis
Pending final SFDA approval
Second half of fiscal year 2008
Yuandu Hanbi Capsules
Relief arthritis pain - Traditional Chinese Medicine
Pending final SFDA approval
Second half of fiscal year 2008
Radix Isatidis Dispersible Tablets
Treats viral influenza - Traditional Chinese Medicine
Pending final SFDA approval
Second half of fiscal year 2008
Felodipine Sustained Release Tablets
Treats high blood pressure and arteriosclerosis
Pending final SFDA approval
Second half of fiscal year 2008
Ligustrazine Ferulic Acid Acetate (LFAA)
Reduces blood clotting and prevents platelets in the blood from clumping together
Obtaining patent and final SFDA approval
Second half of fiscal year 2009
Source: Company Information
I have taken this form JMDuttons report, see page 20
http://www.duttonassociates.com/research/gtec/reports/gtec_report_011508.pdf
@_bbb_ wir haben keine "drogenmarkten", wir verkaufen nur holzschuhe und tulpen an die turisten (und naturlich mosselen in scheveningen)
It has been a long wait since October. I thought things would happen quicker. During the ride down from 0.46 to 0.17 I sometimes had my doubts but I think GTEC has a good future. If we go to Nasdaq within six months, we longs will all earn our money.
Ich hol mir lieber ein currywurst in Kleve!
I would like the company to make more clearly why they want to get listed on Nasdaq. I guess they want more visibility for investors because they want to raise capital to make future grow possible. They will be needing money to develop products.
But how large do they want to grow 3, 4 or 5 years? Al we know now is what they expexct for fiscal year 2008. How about the future that is a bit further away?
Tschüs
True, a great report is not a guarantee. But we have more possibilities that could start the next run up:
1. news on listing on nasdaq
2. news on reverse split
3. news on products in pipeline
4. news on dividend
Gotta have faith chefnippy!
Hello bigplay777,
Let me ad to your contemplations:
1. I think "pure suicide" is a little heavily stated. If good guidance and explanation is given by the company it must be possible to explain it to the (possible) shareholders.
2. There has been a lot of turbulence in the stockmarkets lately. GTEC was hardly influenced...
3. 2ndQ results below expectations could postpone the rise of the pps. But that all depends on guidance for the future.
Just my 2 cents
Okay Long. I understand what you are saying. I am glad you take up your job serious and that you don't favor us over Stock-Addict. Don't blame Carl for going offtopic, I asked the question he merely answered it
I can agree with your conclusion that "GTEC is far the best buy". Now lets get those Q2 results out by mid Feb and then the news about listing on Nasdaq and reverse split. Then finally we can go up-up-up. JMDutton's 0.42 dollar would be nice by mid April (when Q# results are due ?)
Now let the MM's get the price a little lower so I can buy some more...
Carl, I have been reading around a little. To me LTUS and/or SNEN seem like good candidates to invest in. (I am talking about investment, not daytrading).
The others have long way to go before they are where GTEC now is, I guess ? They are laying very low and are getting (almost) no attention.
I would have thought SNEN's price got up more after the announcement of applying for listing on Nasdaq. Well PE is already 20 so that listing was included in the price I guess. I am going to read some more about SNEN...
Thanks for info. I am going to take a closer look on the stocks you have named. I must say it might indeed be as simple as to watch CCG's clients!
Maybe I'll be able to buy some back. I don't think it will be for the price I paid: 17.000@0.13 and 10.000@0.17
But I still have some shares so it's okay.
If the price gets up to 2 dollar we can eat a lot of lekkerbekkies in Scheveningen and go to the casino there! Plus we can stay in the Kurhaus-hotel...
ROFLMAO _bbb_ du schreibst sehr gut Niederlandisch!
I had to sell some because I invested and lost money on my options on the AEX ... didn't want my savings account to fall below a certain level.
I know, I have to hurry to get back my 27000 shares...before they become very expensive
Carl 52_fl: do you own or are you following more pennystocks like GTEC ? (If you don't mind me asking)
Maybe it is because someone wants to buy in before next quarterly results arrive? Or is it just the old short-story?
I don't care and I'll repeat: fundamentals are gooooood !! I hope I will be able to buy back the 27000 shares I had to sell earlier this week. Price is good now, I just don't have the money yet . . .
I am sorry guys. Indeed it's quiet here, guess there nothing much to say. We all have our fingers crossed for next quarterly results?
O.k. Long I have made a profit but it is just a little one. Please don't ban me
We are all going for the big profits, right ?!
Hmm, sorry guys yesterday I helped lowering the price. Because of some problems with other investments I had to sell 27.000 shares of GTEC. They got out at 0.275 and 0.27 dollar. I had to rush therefore only 0.27. Too bad...
Now we have to make sure that a bigger part of that money will start flowing into GTEC. That would do us good!
Guess it will happen when Nasdaq listing is announced or results are presented Feb 15th or so.
Good work Long! Thanks.
How did you / Admin find out: were both identities posting from the same IP-adress?
In the netherlands the stockindex (AEX) has started a steady decline since about november 2007. High in 2007 was 560 now it has reached 450. I think the same thing happened to your DowJones. Am I glad I have sold a lot of my other stocks and have put 75% of my money in GTEC !!!
O.k. thanks
Carl, since you are the wisest on this board and you seem to have the most understanding of GTEC etc. I hope you can shed some light on this:
In one of the PR's from the last months it was stated that GTEC wouldd have revenues of about 100+ million and profits of 26+ million dollar in 2008.
JMDuttons report states the following:
Based on our revenue and net income forecasts, we expect Genesis’ revenue to increase 26% from $76.2 million in FY2007 to $96.2 million in FY2008 and rise 29% to $123.7 million in FY2009, while net income estimates are $19.3 million in FY2008 and $28.2 million in FY2009.
What is more likely to you: 26+ million or 19.3 million ? This seems important to me ?!
Carl don't get me wrong. It's fine with me this way. Better than GTEC being overvalued already. Now we can/will see the report being updated every quarter and everytime they will put the target higher, that will be nice! Steady she goes.
JMDuttons valuation (target price 0.42 dollar) will easily be met within 6 months, instead of their projected 12 months. And they know it!! Read it:
"In arriving at our 12-month price target of $0.42 per share for the stock, we are applying an 8.5 times prospective PE on our estimated FY2008 EPS, compared to the average prospective estimated PE of 21.1 times for its peers currently listed in Hong Kong. We see the potential for further upward revisions of Genesis’ 12-month price target to a higher PE rating upon the announcement of solid quarterly financial results to win confidence from investors in the coming few months."
I wish all the longs the very best. May GTEC's pps reach 1.00 dollar before 2009!!
Is that enough for you bbb ?
Carl, you are absolutely right my guess was on the very optimistic side. If we average my and your guess we would have a dividend of about 10 cent. That is approximately the same amount the share price went up last friday. Maybe it is no coincidence!! Would be great!!
Dividend
We all know there possibly will be a dividend from the sell of shares SPEH and LTUS If you look at the shares GTEC owns you can find the following numbers (on Yahoo: http://biz.yahoo.com/t/43/671.html )
Lotus 5.399.206
Speedhaull 8.542.500
Value (stock price 10th january 2008)
Lotus 1,00 dollar
Speedhaull 1,25 dollar
that would value these positions at:
Lotus 5.399.206 dollar + Speedhaull 10.678.125
Total 16 million dollar
Divided by approx. 91.000.000 shares (US shareholders of GTEC before merger) would be a maximum dividend of approximately 0.17 dollar !!!! Maybe this explains the action of last friday.
Off course there would be costs that first have to be paid to arrange all this...
I am really curious about the reason of this unexpected rise. I think it is too early for the quarterly report. Most likely there is news on its way about the dividend or there is news about the reverse split
I guess it is too early for news on Nasdaq-listing. They will apply for NASDAQ in the middle of the year and then upgrade by the end of 2008.
Congratulations with your new job Long! Good Luck.
Holland, (that's just me I gues) still believes and won't sell untill we have seen:
1. dividend
2. move to bigger board
3. results 2008 and estimates 2009
Today we are gonna reach a high volume I guess...
I'll say it again: fundamentals are very good. I just have bought 15.000 @ 0.17 dollar.
Fundamentals are good, very good. That's the bottom-line.
Carl, don't you think the pressrelease about Baobaole could have been a lot better? Absolutely no news in that PR about the influence on the numbers by these Baobaole-tablets: revenues/profits? I think CCGIR could do a better job. In my opnion a higher PPS is very important, not just for us but also for GTEC itself since they want to get listed on another board.
Do you know if there are further requirements a company has to meet before it can get listed on Nasdaq or so?
Wow Long that's great! News about the listing in the next coming months. Please keep us updated about any e-mails you exchange with Mr. Coulson.