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SGAS moving slow and .72 is a good price to get in
CCME I dont see it as a negative, But CCME will have more competetion that is well funded.The two PR's following this news seemed transparent.Long term it will do well. Short term there are some thngs to consider. Such as there $50 million upgrades they want to do should eat up there cash flow for all of next year.
CPQQ does earnings surprises.Im hoping the next report will also mention uplisting in sight.They have sort of a monopoly in there field so im not too concerned.
Just my interpretation of two Pr's in one day following the Bus Online news of the major American money swinging there way.Glad its up.Overweight but will likely trim down some if it upticks a lot.
CCME Damage control.....I would like to see a couple more PR's today.
CPQQ Guess i should have bought more when it was cheap last week.
Disney, Google eye stake in China bus media firm Reuters - Tuesday, February 9Send IM Story Print
* Disney-led consortium in talks to buy into Bus Online
* Google among investors in Disney consortium
* KFC to partner with Bus Online in 2,000 restaurants
By George Chen and Melanie Lee
HONG KONG/SHANGHAI, Feb 8 - A consortium led by Walt Disney Co <DIS.N> is in advanced talks to buy into China's largest in-bus digital media and advertising company, a deal that could offer the U.S. entertainment giant a new platform to promote Mickey Mouse in China, three sources told Reuters.
Google Inc <GOOG.O>, the world's No.1 Internet search company, which threatened to quit China last month over censorship and hacking concerns, was among investors in the Disney-led consortium, the sources said on Monday.
The consortium planned to buy a stake of between 30 and 40 percent in Bus Online for more than $100 million via a purchase of old and new shares to be issued by the company in private placements, said the sources.
"Disney wants to be a strategic partner not just a financial investor in Bus Online as Disney is going to do many things in China -- for example, the theme park to be opened in Shanghai," said one of the sources. "To Disney, the deal is not just about sharing in the growth of China's advertising market but more about the promotion of Disney, the brand itself, and this is strategically important to Disney in China."
In November, Disney's <DIS.N> made a breakthrough deal to build one of its signature theme parks in Shanghai, marking a major advance for Western media and entertainment companies seeking to crack the tough Chinese market. [ID:nN03523281]
Senior executives of Disney are expected to fly to Beijing to meet Chinese media regulators to discuss Disney's long-term development plan in China including the Bus Online deal, said another of the sources.
GOOGLE IN FOCUS
In the wake of it's recent problems in China, Google is finalising a deal that will let the U.S. National Security Agency help it investigate a corporate espionage attack that may have originated in China.
Beijing has already warned Washington not to make the Google incident political, in addition to other growing sources of friction between the two nations, including Tibet, Taiwan, yuan appreciation and Sino-U.S. trade.
Google was expected to take only a small stake in the Bus Online deal, while Disney aimed to take the greater part, said the sources, adding that no agreement had been signed yet.
The sources briefed on the possible deal declined to be identified as the negotiation process is confidential. Bus Online, headquartered in Shanghai, declined to comment.
A Google spokeswoman said the company could not immediately comment. Disney could not be immediately reached for comment.
Bus Online is China's No.1 in-bus digital media and advertising company, with revenue of about 314.5 million yuan in 2009.
Since 2004, the company has received a total of $80 million from venture capital funds and banks including IDG, Yangtze Fund, China Renaissance Capital Investment and CCB International.
Bus Online is the exclusive partner of state broadcaster CCTV and the official Xinhua news agency for in-bus media content and advertising.
Yum! Brands' <YUM.N> fried chicken restaurant chain KFC would sign a deal with Bus Online to allow the Chinese company to set up screens in KFC's more than 2,000 outlets across China, said the sources.
Disney expected to provide media content to Bus Online for its partnership with KFC in China on the condition that Disney and Bus Online agreed on the equity stake investment first, they said.
LTUS looking good
I know this is one angle to look at it from. I would have liked to have seen some mention of CCME.
CCME....great...now there is major bucks flowing towards the competetion. I knew the $50 million upgradess for CCME would be a short term stressor and now this news. There must be another blizzard on the way.
Took a position at .72
Typical for a Chesterfield man.South Richmond?
Thanks for the charts Tothe
SGAS Decent prices now. It has retraced a lot.
CPQQ long forgotten china pick
BSPM Looks like it found its legs
Im sitting on the bid their now. Just nibbling in this terrible market.
CKGT picked up a few more. Down baby down.
CKGT Im the only one here thats been accumulating as it goes lower. I think i will pick up more later as it decends closer to $2.00. Its clearly a sell now but great to accumulate. I love the lower prices.
Catch the falling knife.
CKGT major selloff. Everyone selling.http://ih.advfn.com/p.php?pid=trades&symbol=CKGT&java_vm=sun&java_vm_ver=1.4.2
TSTC had such a great start.
China stocks are in a ring of fire.
Will pick some up at $2.00.
China stocks are in a ring of fire.
CCME When great numbers dont turn the corner look out below. Is just that investors are in a sell now mode. Shares in many China plays will get a lot cheaper even though they are the best investment in the entire world market.Just a sea of red right now. lots of selling pressure. CCME CNYD looking really atttractive .
Red China. Cant seem to hold its gains. Still in the selling mode.Unbelievable new lows likely. Still im all long my china plays.
WORLD MARKETS DANCE TO CHINA’S TUNE… AND THEY ARE MISTAKING A MODEST SLOWDOWN IN TEMPO FOR A CALL TO STOP THE MUSIC Monty Guild
There is a difference between the real estate speculation that is currently taking place in China with the speculation that occurred in the U.S. and Europe that eventually imploded.
In China, real estate speculation has been the result of large capital surpluses in the hands of Chinese investors. These investors have few options for investing their capital. Their options are:
A) They can buy stocks, although most of them already have stock portfolios.
B) They can purchase physical commodities like gold, but not futures on commodities.
C) They can buy residential real estate (apartments) to rent or to hold for appreciation.
D) They can hold bank deposits which pay a low interest rate.
Contrary to the developed markets of the North America, Europe, and Japan, China has virtually no bond market. In addition, sending money overseas for investment is close to impossible for Chinese investors. Within the developed world, bonds and foreign investments soak up a lot of capital, but this is not so in China. For these reasons, China has a large amount of surplus capital looking for a place to invest.
CHINA’S GDP WILL GROW BY AT LEAST 9% IN 2010, EVEN IF THE REAL ESTATE BUBBLE DEFLATES
Today, wealthy Chinese who invest in real estate put 50% down and pay higher interest rates than an owner occupied apartment purchaser would pay.
Compare this to the low down payment, or no down payment, real estate speculation that we saw 2-3 years ago in the developed world. In China, there is no speculation based on the feeling that they can quickly sell for a big mark-up; thereby it is OK to take on a lot of leverage.
The Chinese economy is booming because consumer and infrastructure spending are growing at double-digit rates. Accordingly, a decline in real estate activity as the government brings the real estate bubble under control will not cause the economy to grow by less than 9% in 2010.
SUMMARY
The current market declines in global markets will lead to a buying opportunity in Asian and selected Latin and Eastern European markets within 2 to 3 months. When the decline has run its course, we will also look closely at opportunities in Canada, Australia, Europe and the U.S.
In 2010, we expect to see China will grow by 10%, India by 8%, Brazil and non Japan Asia by 5%. Some other well-run countries will grow in excess of 5%. This means corporate profits in these nations will grow substantially, leading to higher prices for stocks.
Long winded? Could u summarize it in two sentences? A.D.D.
Focus in on the China companies that are rich in cash and are without debt plus have a wide moat and are hugely profitable.
Right on, China is still massively growing but all this fallout from the rest of the world is drivnng China stocks lower.Black friday is tomorrow.
Closed near the LOD. Another down day is likely.Warned the board on Wednesday this would be a down day .$2 getting closer.Im long and adding on the new lows coming up.
CCME Looks like blood on the streets today. CCME seems to handle the selloffs quite well.
Its sure to fall to under $2.00 now that im back in. Watch Thursday be a disasterous day.
Todays your lucky day....your cash is tied up.
Looks like it could be a serious shake down.Going much lower short term.
Good for you. I was going by the ECSC Index posted in the ibox
if most were not red or up a few pennies i might concur