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NIV sorry didn't make myself clear. Got caught up in the good news! Adding todays news to already announced sales should put us close to 300 million in revenue for 2010.
NIV . .news out . going to explode today. Imagine a quarter where the revenue equals the market cap of the company!
http://finance.yahoo.com/news/NIVS-Kuanda-Xiamen-and-China-prnews-1564378926.html?x=0&.v=87
Looks like Mr. Market has declared another one of his periodic "punish China micros" day. Good buying opp. Fundamentals unchanged.
This company is experiencing serious growth and may be worth a look. "professional fitness and yoga services as well as beauty salon and spa services." See latest 10K at
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?filingid=6841483&tabindex=2&type=html
A lot of potential here. Totally undiscovered. I'm in.
NIV has a lot of potential. Gonna do over $150 million in sales this year with rapid growth.
WEMU . . given today's update, this is an absolute no-brainer. Just doubled my position.
NIV . . .China company with a line of auto and home audio and video consumer products. Last 10K indicates over $122 million in sales in 9 months and annual earnings of around .50 with excellent growth. 40M shares out and current price of $2.70 suggesting a PE of around 5. Very little discussion of this company on the net. Seems to be overlooked. Might be worth a look. Trades on AMEX.
"I find it comical that AVMD had an EPS of .02 on its last Q and is currently trading at 3.5 times their EPS."
I put a couple thou into this stock and am considering upping the ante. But I can't figure out why Mr. Market is disrespecting this company. On the surface it looks like a no-brainer, so why is Mr. Market dissing this company? I admit to not having done much DD.
Anyone here know if HESG sold the rights to SHUGR to another entity? I was a big user of SHUGR and thought it had great potential. Where did it go?
Low volume trades with rather odd bid/ask quotes. Not sure I am confident that this trading accurately reflects Mr. Market.
SOKF Chinese fitness and beauty spas? This company is experiencing serious growth and may be worth a look. "professional fitness and yoga services as well as beauty salon and spa services." See latest 10K at
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?filingid=6841483&tabindex=2&type=html
CHHE, yeah it's hard to buy. Management's been delivering on their promises in recent quarters so I take their guidance as probably legit.
Still totally undiscovered. I just posted to the Emerging Chinese Small Caps thread. Can't hurt.
CHHE, China Health expecting 101% growth in 2010. From recent 10-K:
2010 Outlook
We anticipate our total revenues in 2010 versus 2009 to increase by 101% or approximately $11.04 million with growth in all categories of our product sales. Our gross profit margin in 2010 is expected to be approximately 55.45% due to raw material inflation. Operating expenses will increase due to higher percentage of R&D investment as well as expanding our own distribution channels. We estimate our overall 2009 net profit margins to be approximately 22.64%.
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?filingid=6952380&tabindex=2&type=html
Here's the part of the most recent 10-K that I really like:
2010 Outlook
We anticipate our total revenues in 2010 versus 2009 to increase by 101% or approximately $11.04 million with growth in all categories of our product sales. Our gross profit margin in 2010 is expected to be approximately 55.45% due to raw material inflation. Operating expenses will increase due to higher percentage of R&D investment as well as expanding our own distribution channels. We estimate our overall 2009 net profit margins to be approximately 22.64%.However, there is no assurance that these predictions will be reached.
Hope you are right Owl. Bought a ton back in Sept at .16.
I like this stock except I calculate a forward PE of about 16 which is rather high for a Chinese micro. Will keep my eye on it though.
Excellent post CSP. You run a top shelf operation on ECSC.
Big uptick in volume. Word's getting out.
OT - Weather-related Stocks . . for those who are interested in such, here is a fresh post from a well-respected forecaster who is thinking that early January will be a doozy:
<From Joe Bastardi about the next few weeks from his blog on AccuWeather.com (premium)…..
What is facing the major population centers of the Northern Hemisphere is unlike anything that we have seen since the global warming debate got to the absurd level it is now, which essentially has been there is no doubt about all this. For cold of a variety not seen in over 25 years in a large scale is about to engulf the major energy consuming areas of the northern Hemisphere. The first 15 days of the opening of the new year will be the coldest, population weighted, north of 30 north world wide in over 25 years in my opinion.>
I agree. But too many other great stocks out there to risk money on a possible fraud. I sold 4 months ago.
CFQWF . . see post below from HMR board on Yahoo. This poster (blueskydriving) has a helluva track record on SPAC warrants.
>Here is my Chistmas present to any of you that have not seen it yet ... it is another SPAC that is buying a high, high growth company ... China Fundamental Acquisition Corp (CFQCF.ob ... more specifically, CFQWF (the warrants)... and the beauty is that it is still trading over the counter ... so you will get the uplisting affect down the road ... this has the potential of another RINO once uplisted ... but you can get the warrants now on the cheap ...
The information concerning the business combination can be found in the links below ... the meetings have not been held yet ... there has been no indication of changing warrant terms ... exercise price $5.00 (expire May 2012) and current cfqcf.ob pps is $7.80 (cfqwf.ob warrants currently trading at $1.08) ... one thing to note is the special interest by both the CEO and Chairman of the company in the warrants specifically ...
"... a warrant to purchase 305,556 shares was sold to Ralco Capital Limited, an entity owned and controlled by Mr. Hao, our current chief executive officer, and warrants to purchase 305,556 shares were sold to Rising Year Group Limited, an entity owned and controlled by Ms. Ni, our current chairman ..."
This was in addition to the "units" they owned already ... in other words, they really like the warrants.
Another thing to note is the structure of the earn-out shares ... which quarantees that you will make money with the warrants ...
Earn-out Shares
"In addition, 500,000 ordinary shares of China Fundamental will be issued to Wowjoint's major shareholders when certain share price targets are achieved or exceeded (the "earn-out shares"): (i) 200,000 earn-out shares in the event that the closing price per share is at or above US$10.00 for 180 days out of 360 days during the period from the acquisition closing date to the second anniversary of the closing date; (ii) 200,000 earn-out shares in the event that the closing price per share is at or above US$13.80 for 180 days out of 360 days during the period from the acquisition closing date to the third anniversary of the closing date; (iii) 100,000 earn-out shares in the event that the average daily trading volume is no less than 200,000 shares for three consecutive months during the period from the closing date of the acquisition to the second anniversary of the closing date. The 500,000 earn-out shares excludes the possible issuance of an additional 2,800,000 ordinary shares if the funds left to the combined company following the closing are US$1,250,000 or less."
http://freerealtime.brand.edgar-online.c...
http://freerealtime.brand.edgar-online.c...
http://www.aednet.org/aednews/index_full...
I forgot to put the ribbon on your present. I should of pointed out this little comment from Mr. Chun Y. Hao, CEO of China Fundamental,
" ... there are no selling shareholders in this transaction, validating our belief that Wowjoint is poised to create meaningful shareholder value going forward, as the company grows with China's increased scale of infrastructure ..."
Hmm, no selling shareholders announcement before the meetings are even scheduled (what do you think that says about the chances for approval) ... the company's leadership bought extra warrants AND they mentioned the Treasury Stock method of accounting limiting fully diluted outstanding shares to 12 million (both indicating warrant terms unlikely to change) ... Merry Christmas!
http://www.aednet.org/aednews/index_
CFQWF . . see post below from HMR board on Yahoo. This poster (blueskydriving) has a helluva track record on SPAC warrants.
>Here is my Chistmas present to any of you that have not seen it yet ... it is another SPAC that is buying a high, high growth company ... China Fundamental Acquisition Corp (CFQCF.ob ... more specifically, CFQWF (the warrants)... and the beauty is that it is still trading over the counter ... so you will get the uplisting affect down the road ... this has the potential of another RINO once uplisted ... but you can get the warrants now on the cheap ...
The information concerning the business combination can be found in the links below ... the meetings have not been held yet ... there has been no indication of changing warrant terms ... exercise price $5.00 (expire May 2012) and current cfqcf.ob pps is $7.80 (cfqwf.ob warrants currently trading at $1.08) ... one thing to note is the special interest by both the CEO and Chairman of the company in the warrants specifically ...
"... a warrant to purchase 305,556 shares was sold to Ralco Capital Limited, an entity owned and controlled by Mr. Hao, our current chief executive officer, and warrants to purchase 305,556 shares were sold to Rising Year Group Limited, an entity owned and controlled by Ms. Ni, our current chairman ..."
This was in addition to the "units" they owned already ... in other words, they really like the warrants.
Another thing to note is the structure of the earn-out shares ... which quarantees that you will make money with the warrants ...
Earn-out Shares
"In addition, 500,000 ordinary shares of China Fundamental will be issued to Wowjoint's major shareholders when certain share price targets are achieved or exceeded (the "earn-out shares"): (i) 200,000 earn-out shares in the event that the closing price per share is at or above US$10.00 for 180 days out of 360 days during the period from the acquisition closing date to the second anniversary of the closing date; (ii) 200,000 earn-out shares in the event that the closing price per share is at or above US$13.80 for 180 days out of 360 days during the period from the acquisition closing date to the third anniversary of the closing date; (iii) 100,000 earn-out shares in the event that the average daily trading volume is no less than 200,000 shares for three consecutive months during the period from the closing date of the acquisition to the second anniversary of the closing date. The 500,000 earn-out shares excludes the possible issuance of an additional 2,800,000 ordinary shares if the funds left to the combined company following the closing are US$1,250,000 or less."
http://freerealtime.brand.edgar-online.c...
http://freerealtime.brand.edgar-online.c...
http://www.aednet.org/aednews/index_full...
I forgot to put the ribbon on your present. I should of pointed out this little comment from Mr. Chun Y. Hao, CEO of China Fundamental,
" ... there are no selling shareholders in this transaction, validating our belief that Wowjoint is poised to create meaningful shareholder value going forward, as the company grows with China's increased scale of infrastructure ..."
Hmm, no selling shareholders announcement before the meetings are even scheduled (what do you think that says about the chances for approval) ... the company's leadership bought extra warrants AND they mentioned the Treasury Stock method of accounting limiting fully diluted outstanding shares to 12 million (both indicating warrant terms unlikely to change) ... Merry Christmas!
http://www.aednet.org/aednews/index_
Good presentation on CTXIF China Textile and Linen. Still flying way under the radar:
http://www.china-linen.net/English/admin_login/eWebEditor/UploadFile/20091120171140175.pdf
"Making investment decisions completely on message board opinion is not the way to go. "
Hmmm, thanks for pointing that out:) Anyway, you misunderstand my point. Simply wanted to hear some of the wise voices from this board re China stocks v gold. I think we are all aware of the value of message board opinions.
Thanks Fernando. You make some excellent points. I love my China portfolio and enjoy the daily search for hidden value. But I would probably sleep better knowing I had a big chunk of change in gold simply because I cannot envision a scenario where the price of gold drops significantly. Peace isn't likely to break out everywhere any more than fiscal sanity is likely to prevail in Washington anytime soon. I'm looking for that "insurance policy" against a big market decline but am not willing to sell a bunch of my China companies to achieve that goal. Feel like I have too many stocks that are sure winners if I just hang in there with them for another 6 to 12 months. Anyway, many thanks for your comments.
Thanks to those who expressed their opinion. My concern is that even though the China smallcaps are going great guns and will likely continue to do so throughout 2010, what happens to those equities when (if) the US markets turn down sometime next year. We are trading these companies on US exchanges, all of which seem to respond primarily to US economic concerns. CKGT, BSPM, TSTC et al may be doing great in China next year but if the US markets nosedive, won't these stocks dive right along with the others? Or do you think that their high rates of growth will protect them from a general downturn in the market?
Gold vs China Smallcaps. Just wondering what this board thinks. If you felt strongly that one year from today gold would be near $2000 would you stay in the China stocks followed here or move money into gold? All opinions invited.
Ordered one myself this morning. Given that my cost basis for a $6500 electric car will be $595, worse case scenario is I get tired of it quickly and sell it for a handsome profit. The deal is just too attractive to ignore. If Uncle Sam is stupid enough to buy me a virtually free golf cart, guess I'll take him up on the offer.
CXTIF - China Linen looks very interesting at $1.14.
See http://investorshub.advfn.com/boards/read_msg.aspx?message_id=43979646
That government contract is huge. SMED SP is primed for a slow steady rise.
Beijing, China, November 16, 2009 -- ChinaNet Online Holdings, Inc. (“ChinaNet”, OTC BB: CHNT), a leading full-service media development, advertising and communications company for small and medium-sized enterprises in the People's Republic of China ("PRC"), today announced higher revenues, net income and cash flow for the third quarter 2009.
Revenues increased 21.7 percent to $8.1 million in the third quarter 2009
Third quarter 2009 adjusted net income increased 19.9 percent to $1.9 million with adjusted earnings per share of $0.12
First nine months 2009 revenues increased 105.1 percent to $27.3 million
First nine months adjusted net income increased 120.1 percent to $4.5 million
First nine months 2009 adjusted earnings per share increased 106.7 percent to $0.31
Gross margins improved 581 basis points to 50.4 percent for the third quarter of 2009
Cash flow from operations was $4.7 million for the first nine months of 2009
Management to host earnings conference call November 16th at 11:30 a.m. ET
From a yahoo poster:
It's not a matter of whether they hit a big well - the acreage value is independent of their drilling competance because if they can't hit the big well, a better operator will buyout the acreage and do it for them. CHK has already proven the acreage is highly valuable with some of their wells nearby TENG's acreage. The way I see it, this thing is worth at least $2000 per acre on 30,000 acres or $60mm total - take out 30mm of debt and that leaves you with $3/share of equity value - in reality they could be asking $3000 per acre (and management owns 65% of stock so they're totally aligned with shareholders) - not to mention that their credit facility maturity next summer creates a catalyst for this transaction to happen sooner rather than later
40% move up today on halfway decent volume. Very interesting. Last 10Q certainly indicated that this company is heading in the right direction.
CNOA, here's another perspective from the widely followed "Crossy" on the SI board:
"thanks for the CNOA.OB idea but frankly I am not so much enamoured by this firm - becuase their activities are mostly trading. They do not seem to add value to the primary agricultural products they purchase. Should be classified as a "bulk trader".
If they made proprietary consumer products (Snacks, meals, etc.) out of the unprocessed agricultural products (crops, nuts etc.) they trade it would be a different matter.
Their current business is a cut-throat game. Not much room for differentiation. Unlike CHGS.OB not much technology involved. CHGS is a "materlais science" company that most people mistake as a low-tech firm. CNOA.OB is a different matter. Their business model can be likened to an upstream supplier to grocers... If you like this value chain, I would get into grociers active in the PRC on a wider scale instead."
If you are suggesting that the smart play on this is to sell before Nov 9 unless we get a big earnings blowout, I am in total agreement.
From 8K filed 9/28/09.
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=6815224-7317-56689&type=sect&dcn=0001214659-09-002304
As of August 31, 2009, we had issued and outstanding approximately (i) 25,056,671 shares of common stock, warrants for 2,467,596 shares of common stock and options exercisable for 1,198,309 shares of common stock These securities will be eligible for public sale only if registered under the Securities Act or if the stockholder qualifies for an exemption from registration under Rule 144 or Rule 701 under the Securities Act, or other applicable exemption. We believe that our stockholders will not be entitled to sell our shares pursuant to Rule 144 until March 30, 2010. In addition to the restrictions on resale imposed by the securities laws, a number of our outstanding shares are subject to contractual restrictions on resale. The holders of an aggregate of 7,352,750 shares of SinoHub common stock issued in respect of SinoHub International’s Series A, B and C Convertible Preferred Stock in connection with the reverse merger were entitled to piggy back and demand registration rights with respect to the shares of SinoHub International common stock into which such preferred stock was convertible pursuant to the terms of certain Stock Purchase Agreements entered into among SinoHub International and such holders. We have entered into an agreement with such holders to provide them with demand and piggyback registration rights with respect to the 7,352,750 shares of SinoHub common stock that such holders received in the Merger on the condition that such rights will not be exercisable until November 9, 2009. The holders of the 342,862 shares of the Company’s common stock issued in August 2009 are also parties to this agreement. Notwithstanding the provision that such rights are not exercisable until November 9, 2009, the Company has offered the parties to the agreement, along with the holders of warrants exercisable for an aggregate of 308,457 shares of the Company’s common stock the opportunity to register such shares for resale. An aggregate of 5,246,744 shares of outstanding common stock and 2,159,539 shares of common stock issuable upon exercise of outstanding warrants have been registered for resale under a currently effective registration statement. The market price of our capital stock could drop significantly if the holders of the shares being registered hereunder sell them or are perceived by the market as intending to sell them. Moreover, to the extent that additional shares of our outstanding stock are registered, or otherwise become eligible for resale, and are sold, or the holders of such shares are perceived as intended to sell them, this could further depress the market price of our common stock. These factors could also make it more difficult for us to raise capital or make acquisitions through the issuance of additional shares of our common stock or other equity securities.
Gorilla, many thanks for the great effort on EDS! Very helpful.
Good question. Perhaps it has to do with the definition of "Weighted average number of common shares outstanding" during the quarter ending June 30, 2009. They made changes to the share capital in both April and May and maybe used some kind of "average" count. Pure speculation on my part. I ain't no bean counter and now my head hurts.