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CCME wtf?
CCME where do you guys see the PPS in the near future? IMO if the company doesn't announce a divi or an aquisition soon we might be heading to 16s. In the long term, obviously, this stock is a major winner.
AERL there she goes...
CCME fully agree.
CCME well put Justin.
SIHI Some numbers and estimates
Based on the strong results through the first nine months of 2010, Management raised FY 2010 revenue guidance to $192 million from the prior guidance of $180 million, representing anticipated year-over-year growth of approximately 50% over 2009.
This means that, taking on account the results from the previous Qs we'll have, according to my estimates, the following numbers for the 4Q:
»Revenue 53,72M
»Net Income 5,29 (using a net margin equal to the one achieved this Q of 9,85%)
» EPS 0,185
This gives us an EPS for 2010 of 0,605 which means that SIHI at current levels is trading at a PER of 4.
A PER of 4 for a company that:
» Will have a growth of 50% this year versus 2009.
» That has a new 77,500 sq. ft. manufacturing facility located in the Bao'an district of Shenzhen, China, to strengthen its new custom design mobile phone business unit.
» In Q4 2010 SinoHub intends to install two more high speed surface mount lines to increase total motherboard production capacity to roughly 450,000 per month.
» During its first nine months of operations, the VCM business generated $38.7 million of revenues, with gross margins of 17.8%. Management expects VCM margins to improve further as it makes further improvements in operating efficiencies and product mix, while shifting away from contract printed circuit board assembly production work toward greater production of the Company's own products.
» VCM will be a significant growth driver in 2011, which means higher margins and a too good to ignore bottom line.
IMHO this company is a bargain at present levels and deserves at least to be trading at a PER of 10, which means a PPS of $6.
Again I invite you guys to take a look at the company's website http://www.sinohub.com/. Very informative and you can even take a tour to the company's factory http://www.sinohub.com/investors-factory%20tour.html.
Thoughts more than welcome.
NF
ALIF they're managing to collect some of of their receivables lately. A year ago the situation was dramatic.
I agree that dilution is a problem, and it's been stoping EPS growth YoY.
I love, however, the fact that 3M is one of the major shareholders of the company, and the fact that they are in the Mobbile Apps industry which will be worth $17B in 2012. The company has made a huge effort to reduce the impotance of mobile games in the revenue mix, and increase the importance of Mobile Apps. They have a Mobile Commerce Platform that has a huge acceptance by thy market and several mmobile medical Apps.
I've been holding this stock for a while and IMHO it's definitely in my top 3 of stocks with most potential long term.
ALIF 10 Q out.
SIHI To be honest no. But it's definitely an important issue to consider. Gonna check that and I'll get back to you.
SIHI very good indeed, and raised guidance for 2010.
Net Income – Net income for the third quarter of 2010 climbed 55.3% to $5.5 million, or $0.19 per fully diluted share, compared to $3.5 million, or $0.13 per fully diluted share, in the third quarter of 2009, based on 28.7 million and 26.3 million weighted average diluted shares outstanding, respectively.
Full year 2010 Guidance
Based on the strong results through the first nine months of 2010, Management is raising FY 2010 revenue guidance to $192 million from the prior guidance of $180 million, representing anticipated year-over-year growth of approximately 50% over 2009.
SIHI what a lovely day for a ER BMO...Not!
CCME nice comeback. We had our moment of zen, now up we go.
AERL back above $11. Thank you Timmy Boy for letting me buy below $10.
KEYP - you're probably right. FinViz sometimes lead to errors when you have redemption issues pending. Thanks.
KEYP their balance looks really bad...
http://finviz.com/quote.ashx?t=KEYP&ty=c&ta=1&p=d&b=1
XING Future Mining Business
-The company now has a molybdenum business which started operation in the second half of 2009.
-The company is acquiring a molybdenum mine with a milling capacity of 15,000 tons in Inner Mongolia
-The company is entering the lead-zinc business in Inner Mongolia
XING setting up for a SHZ move?
China Set to Control Moly Production
By Michael Montgomery | November 8, 2010 17:10 GMT
The molybdenum market may be affected by a decision by the Chinese to classify moly as 'national mining resource,' limiting the mining and export of the metal in the same fashion as rare earth elements. In 2007, China instituted export quotas for molybdenum, however, this new classification would exert more control over the mining of the material. The China Securities Journal quoted an unidentified source as saying the Asian nation would “limit molybdenum mining from next year by classifying it as a national mining resource,” reported Xiao Yu, for Bloomberg.
China NYSE Rare Earth
The effect of the reduction of quotas and mining of rare earths in China has made increased share prices of many rare earth mining companies for simple supply and demand fundamentals. After the release of the article stating the impending changes, share prices for Thompson Creek Metals (TSE:TCM)(NYSE:TC), and China Molybdenum Co. (HKG:3993) rose 16 percent and 5 percent, respectively. Investors should be cautious to these advances, the benefits of these regulations, and the market reaction to them is a double edged sword.
They do help in reducing the amount of supply. However, the frenzy that it created in the rare earth market boosted share prices, only to see the prices fall after China eased trade embargos and dispelled rumors of ever tightening export quotas. The situation was covered in an article on Rare Earth Investing News. Investors should take this news as a positive, but not be baited into fanatical buying for short term gains. If the changes to the market are not as extreme as the ones in the rare earth market, any gains made in the interim may be lost. The changes are also tempered by the fundamental difference between the two markets.
China has an absolute monopoly in the rare earth market, controlling 97 percent of the world supply. Aside from a few minor producers outside of China such as Lynas Corp, (ASX:LYC) and Molycorp (NYSE:MCP), there is no new rare earth supply coming online in the next few years. Any shifts in the supply and demand fundamentals in the rare earth market, such as a major reduction in export quotas, severely affects price of the materials and all products that contain them. The world has virtually no option but to either buy from China, or move their production facilities for high tech products there.
When it comes to molybdenum, China does hold serious power over the market; they have 22 percent of the world's inventories, and are the largest producer of the metal. According to the USGS, in 2009, the top producers of molybdenum are the China, U.S., and Chile. Any supply changes from China will not have the drastic effects on world molybdenum prices as seen in the rare earth market.
The most serious effects of the impending regulation changes in China, if mining is limited, is the effect on China once again becoming a net importer of the material, as they were in 2009. The effect that had on the molybdenum market was to stabilize the price of the metal after falling from over $30/lb in 2008, down to $8/lb. The price of moly should be helped by this new classification due to the need for steel used for the rapid urbanization of the country.
China's stimulus package focused heavily on infrastructure projects including pipelines, bridges and power plants, and even Nuclear power, which uses high amounts of moly-steel in the construction. The moly need for the planned construction of nuclear power plants in China was reported on in April. With all the moly needed for these large scale infrastructure projects in China, as well as increased steel demand worldwide bodes well for the long run forecasts for the metal.
China Set to Control Moly Production originally posted on molyinvestingnews.com
SIHI ER SANTA CLARA, Calif. and SHENZHEN, China, Nov. 8, 2010 /PRNewswire-Asia/ -- SinoHub, Inc. (NYSE Amex: SIHI), a rapidly growing electronics company in the People's Republic of China, engaged in custom design mobile phone manufacturing and sales (VCM), electronic component sales (ECP), and supply chain management (SCM), today announced that it will release its third quarter 2010 financial results on Friday, November 12, 2010 before the market open. In conjunction, the Company will host a conference call to discuss these results.
NIV bullish day. Recovering and finishing at the HOD on more than a 1M shares. If we break $3, we might see $5 sooner than I thought....
NIV great timing man. Up we go, as I believe the sellers are gone.
Good luck.
XING jumping high...+7%
NIV yes, it's acting just like if it had posted losses for the Q...
An annoucemment of a major contract regarding their mobiles, with one of the 3 chinese carriers can make the stok jump 20% or more.
China offers help to debt-hit Lisbon
By Peter Wise in Lisbon
Published: November 7 2010 18:55 | Last updated: November 7 2010 18:55
China has promised “concrete measures” to help Portugal, which is struggling to avert a sovereign debt crisis, with support that is expected to include purchases of Portuguese government debt.
At the end of a two-day state visit by President Hu Jintao, Chinese and Portuguese officials also signed on Sunday a number of bilateral commercial deals, including joint ventures in the fast-growing Portuguese-speaking economies of Brazil and Angola.
“We are ready to take concrete measures to help Portugal overcome the global financial crisis,” Mr Hu said.
Fu Ying, China’s deputy foreign minister, said China was committed to investing in European bonds and was ready to help Portugal.
“We are definitely concerned if our friends are in difficulties,” she told journalists.
Portugal’s borrowing costs have come under increasing pressure as investors fear it might be forced to follow Greece in seeking financial support from the European Union and the International Monetary Fund.
The yield on Portugal’s benchmark 10-year government bonds reached a euro-era high of almost 6.8 per cent on Thursday amid financial market concern over EU proposals to make bondholders share more of the burden of any future bail-out.
José Vieira da Silva, Portugal’s economy minister, welcomed China’s interest in purchasing Portuguese sovereign debt, saying it would help diversify an investor base highly concentrated in Europe.
Basílio Horta, head of Portugal’s investment and trade agency, said China’s appetite for Portuguese government bonds would send a positive signal to other potential investors.
Chinese purchases of European government bonds are seen as a means of diversifying the country’s sovereign debt portfolio, which is heavily focused on the US, and of winning political support against US pressure for China to allow faster appreciation of its currency.
A senior Lisbon official said Asian investors, including Chinese institutions, purchased 5 per cent of a Portuguese debt issue in February and 19.5 per cent of another in March.
China has previously bought Spanish government bonds and has made a similar offer to buy Greek government debt when Athens resumes issuing.
Mr Hu said China and Portugal had agreed to work towards doubling their bilateral trade within five years and balancing commercial flows, which are currently highly favourable to China.
Among the deals made, Millennium BCP, Portugal’s biggest listed bank, signed an agreement to increase co-operation with Industrial and Commercial Bank of China.
BCP, which recently acquired an onshore licence to operate in Macao, a former Portuguese territory near Hong Kong, said the accord focused on developing business between China, Portugal, Angola and Mozambique, former Portuguese colonies.
Portugal Telecom signed an agreement with China’s Huawei Technologies for the joint development of fibre-optic and other telecoms services.
António Mexia, chief of Energias de Portugal, said China Power International had expressed interest in buying more than 2 per cent of the company.
http://www.ft.com/cms/s/0/67667e5e-ea9d-11df-b28d-00144feab49a.html#axzz14dnWUabV
CCME Top 10 Advertising Stocks with Highest Short Interest: CCME, ARB, QNST, SPMD, VCI, VCLK, DGIT, LAMR, SCOR, RLOC (Nov 07, 2010)
Best-Rated Chinese Stocks; Highest-Upside; Fastest-Growing; Top 10 Lists; Analyst Actions
Below are the top 10 Advertising stocks with the highest short interest as a percentage of total shares outstanding, UPDATED TODAY before 4:30 AM ET. Short Squeeze and Short Covering can cause these stocks to rise sharply. One Chinese company (CCME) is on the list.
China MediaExpress Holdings Inc (NASDAQ:CCME) has the 1st highest short interest in this segment of the market. Its short interest is 13.2% of its total shares outstanding. Its Days to Cover is 3.99, calculated as current short interest divided by average daily volume.
http://www.cnanalyst.com/2010/11/top-10-advertising-stocks-with-highest-short-interest-ccme-arb-qnst-spmd-vci-vclk-dgit-lamr-scor-rlo.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed:+cnanalyst+(China+Analyst+-+News+and+Research+on+U.S.-Listed+Chinese+Stocks)
SIHI
70M Market Cap
47% Inside Ownership
2.92 Current Ratio
48% Debt Equity Ratio
Gross Margin 17% ttm
Net margin 8% ttm
Book Value 27,79M
PER 5 ttm
20%
CCME agree with you fully. I haven't sold a single share since 8.50. And I'm sure not going to do it now as I believe we still have plenty of upside ahead of us.
Good luck.
NIV anyone listen to the CC?
Any highlights worth sharing?
TIA
NIV do you know if the company will have a CC? Guidance could have a major role in the PPS near term...
NIV 10Q OUT
Third Quarter Financial Performance Highlights
The following are some financial highlights for the third quarter:
? Revenues: Our revenues were $84.5million for the third quarter, an increase of 59.8% from last year.
? Gross margin: Gross margin was 20.5% for the third quarter, compared to 22.5% last year.
? Income from operations before tax: Income from operations before tax was $7.7 million for the third quarter, compared to $6.7 million last year.
? Net income: Net income was $6.0 million for the third quarter, compared to $5.5million last year.
? Fully diluted income per share: Fully diluted income per share was $0.12 for the third quarter, compared to $0.14 last year.
NIV tomorrow might be another good day. Keeping my fingers crossed.
Take care guys. What a great day for CCME.
Weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
CCME new high 18.49 weeeeeeeeeeeeeeeeeee
ZSTN yeah, that would be important. I can understand the company's position on not wanting to answer to every short attack, however IMHO, they should say something. At least taking on consideration their shareholders position at this time.
Thanks Bob, for sharing what's happening in the CC.
ZSTN did they said anything about the SA article? TIA
CCME loving every minute of it :D
ZSTN wouldn't be sweet if the CEO would announce a new share buyback in the CC.?
ZSTN Is there a link for the CC? TIA