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Hopefully they can buy fertilizer w/ their stimulus money :^)
ed, re: CHWY & china wind policy
I especially like this part: China's utilities will be required to buy all the power produced by wind farms and other renewable sources
CHWY could have a fun week with the uplist filing becoming known!
MERRY CHRISTMAS all you ECSC'ers!
Let's do it all again on Monday. :^)))
CIHD on sale here; nice add opportunity. Still think this one could become the next CAGC under the right conditions (like an uplist, for starters!)
CHWY - loaded some; this could be a fun one.
CLWT xmas-eve bouncer?
Investor presentation: http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=6664680
thanks for that CFQCF/CFQWF presentation. Will post over at the CFQCF message board too.
CFQWF - we have a board to answer your ?'s: http://investorshub.advfn.com/boards/board.aspx?board_id=16708
2010 Changda International Holdings, Inc. Fertilizer Demand Distributed Through China Post Shows a 15% Demand Increase
WEIFANG, China--(BUSINESS WIRE)--Changda International Holdings (OTCBB: CIHD - News), the Weifang based specialty chemicals manufacturer announces that the new annual distribution contract with China Post for the year 2010 includes an increase of 15% of fertilizer demand from the company’s biggest distribution partner.
“This development shows the strong relationship with our distribution Partners China Post and the success of our distribution efforts. It is an important development that confirms the success of our strategy and choice of distribution partners and markets.” Said QinRan Zhu, CEO of the Company.
The national mail service has long replaced the state owned countryside trade organizations with a mail order system provided by China Post. Through its collaboration with China Post Changda accesses its core Shandong Province market though nearly 80,000 access points. Changda and China Post have worked together for the last six years.
The Directors believe that this is development, along with other positive news, such as the recent figures released by the National Bureau of Statistics showing a 9.5% year-on-year increase in the production of chemical fertilizers in China in 2009 H1, emphasizes the overall strength of the sector.
CIHD - looks like they're starting the push to put their name out there so that they can get the share price back over $3 for their uplist. The news doesn't seem too significant, but it's nice to see the effort.
2010 Changda International Holdings, Inc. Fertilizer Demand Distributed Through China Post Shows a 15% Demand Increase
WEIFANG, China--(BUSINESS WIRE)--Changda International Holdings (OTCBB: CIHD - News), the Weifang based specialty chemicals manufacturer announces that the new annual distribution contract with China Post for the year 2010 includes an increase of 15% of fertilizer demand from the company’s biggest distribution partner.
“This development shows the strong relationship with our distribution Partners China Post and the success of our distribution efforts. It is an important development that confirms the success of our strategy and choice of distribution partners and markets.” Said QinRan Zhu, CEO of the Company.
The national mail service has long replaced the state owned countryside trade organizations with a mail order system provided by China Post. Through its collaboration with China Post Changda accesses its core Shandong Province market though nearly 80,000 access points. Changda and China Post have worked together for the last six years.
The Directors believe that this is development, along with other positive news, such as the recent figures released by the National Bureau of Statistics showing a 9.5% year-on-year increase in the production of chemical fertilizers in China in 2009 H1, emphasizes the overall strength of the sector.
Ryan, I know that the warrants look attractive to several of us.
Can't wait for part 3/3; saving the best for last? ;^)
pnnymn, need the red in order to establish longer-term positions at good prices, and need the green to play the momentum. sounds like i enjoy red/green all the time, and therefore Christmas year-round!
bought some CAEI off of CIIC meteoric move; probably only hold for the day though.
CSP - don't forget Hassan CHOP!
thedivot, re: YHGG - i have followed this stock for many years. the trick is to find something of interest to you regarding the company (like, um, how their revenues almost never change?!?), and then try to verify it with IR or the company. If you're successful in that endeavor, then you might be on to something.
Hard to know how legitimate this is !
Amen to that bro. ;^)
The warrants only become common if you are willing to pay the call price, which many traders will not be willing to do (investors might be more willing). My points were threefold: 1) the risk in owning the warrants is that the profit is capped unless one already plans to pay the call price at that time; 2) despite the reduced leverage the common might be the better play, unless 3) r59's postulation about what might happen to the common in an exercise scenario comes to fruition.
Regardless of how one plays CCME, it's a great co.
My understanding is that the maximum potential profits on the warrants is capped due to callability, whereas obviously the common isn't. If one is playing the warrants for a doubler, then you're fine. If you're looking for more than that I don't think you can get it.
There are so many relative bargains that i'd be surprised if he did only one writeup.
Just for clarification, Glen mentioned CIHD when he meant CHID. Of course I love CIHD and was excited for a brief moment lol.
CALI - based on Joyce's charts, looks like the next leg up should be upon us. But trading has been weird the past couple days, with blocks hitting bids, so it could go lower. I'll be ready to buy in such case.
So, I'm onboard with not buying China construction stocks (ahem CAEI), but one thesis is sure to not be impacted by vacant cities and shopping centers - the 1.2B+ chinese must eat, so they must farm, so they must farm effectively with high yields given ever-reducing arable land, so fertilizer is a good way to play!
CIHD BBCZ CAGC YONG CGA
joe, LOL! look how many of those top performers have the word "China" in them. It also looks like my streamer watchlist ;^)
I think uncle sam is going to be pretty happy as a result of receiving checks from ECSC'ers.
Keep up the good work everybody! 2010 won't be as "easy", for lack of a better word.
Yeah, chart needed a breather, so hopefully upward ascent resumes from here.
tothe - boy, CDBT was one that I almost went in large, but held off. It's a perfect example of following your gut on the yellow flags, which turned red, which are now white-hot!
There's compelling discussion over at the CDBT board to STAY THE HECK AWAY, and unless there are some filings to change my mind, I'm just considering CDBT as a 4-letter word.
tradinghawk - we usually require first-time posters to give us a quadrupler, so you're on the clock. ;^)
Glen, here are a few that don't get much attention:
CO/CNDWF.OB - China Cord blood; not cheap in a PE and mkt cap sense, but sometimes you have to pay up for protected niches with high barriers to entry. The growth story here is an easy one to get one's arms around: One-child policy. CO is a recent uplist from otcbb to NYSE. Here's a nice writeup (but I know you can do better): http://investorshub.advfn.com/boards/read_msg.aspx?message_id=44628449
CALI - Transitioning from low-margin seller of autos in China to high-margin "Autotrader"-like internet service/advertising player. Web-driven growth is growing like wildfire. I get giddy when I think of the inherent value of an early-mover Autotrader-of-China stock.
CHOP - Chinese specialty steel player isn't just another CPSL or GSI, due to end-uses of their steel. Looks cheap going-forward.
CIHD.OB - Rapidly growing Chinese fertilizer and specialty chemical firm. Impending uplist...until their share price dropped below $3...oops! Despite that, one has to like the fertilizer macro story in China, but the wildcard is the new deal with Sanofi-Aventis for one of their spec chemicals.
CBTE - Crossing t's and dotting i's on finalization of merger with highly profitable Chinese peptide firm; priced as if the merger is going to fail, but CBTE mgmt says otherwise (of course). This feels like a $3+ stock if/when the merger is consumated, trading at .40 today.
CFQCF.OB/CFQWF.OB - This Chinese SPAC has finalized share purchase agreement with highly profitable Chinese machinery company. Deal will need to be agreed by shareholders, but the diamond in the rough here are the warrants, which should have almost $3 intrinsic value to them but are trading at around 1/3 that.
Last but not least, a pinkie...BBCZ.PK
Yet another Chinese fertilizer company which has been hamstrung by legal difficulties preventing investment in their own growth. Well, their legal issues are finally behind them, and with a new cash hoarde (>$3M) plus a substantial investment in China Pediatrics (~ another $3M), the stock is trading below cash/investments and should be set to emerge from the brink. At .21 there's some good risk/reward there, although I've been unsuccessful in getting responses from mgmt.
kuwl - CFQWF
MILL.OB - darn! Time to take it off the watchlist. Chalked up as major opportunity missed. Nice job guys.
CWBYF - those 93k shares were all mine; bought them for no good reason other than boredom. Story remains the same; waiting for word on status of Colorep acquisition, probably cancelled.
Here's another one of them SPAC plays in China, where the warrants appear seriously undervalued! The indication there of course is the uncertainty in the deal getting done, but the target company looks terrific.
Warrant strike: $5
Stock price: $7.85
Intrinsic value: $2.85
Current warrant price: $1.05
The safer play would be to wait for the deal consumation...right now they've done only the definitive share purchase agreement.
Bigboys playing with CO common now (50k blocks). Let's see if the warrants were a portend of things to come.
China Cord Blood: Speculator's Radar;
(From Briefing.com) the first and the largest cord blood banking operator in China, thinly traded though (5.70 +0.09)
Many of the biggest winners in 2009 have been Chinese stocks that have moved from the bulletin boards to a listed exchange. Some examples include: RINO +460%, YUII +290%, YONG +280%, CMFO +260%. Over the past week or so, we have profiled a series of companies that fit this description: Gulf Resources (GFRE), a bromine producer, China Biologic (CBPO), the largest non-state-owned plasma-based biopharma co in China, and China Gerui (CHOP), the largest Chinese manufacturer of high precision cold-rolled narrow strip steel. All can be found in the InPlay archive using PROFX as the search ticker.
Today, we wanted to take a look at another interesting name: China Cord Blood (CO), the first and the largest cord blood banking operator in China. It made the move from the bulletin boards to the NYSE just about a month ago. China Cord Blood is a provider of cord blood banking services in China. Expectant parents pay the co to process and store the cord blood of their children at birth for potential future use in medical treatment. CO charges an initial processing fee at birth and a storage fee each year. CO also preserves cord blood units donated by the public and charge fees to patients in need of transplants when there is a match, but this accounts for only a small percentage of sales.
CO has benefitted from the Chinese govt's "one license per region" policy, allowing each cord blood bank licensee to operate without competition. CO has a partnership with over 90 major hospitals in Beijing, China's second largest city, and it acquired the right to operate in Guangdong, the most populous province in China, through the acquisition of Nuoya in May 2007. Currently, CO is the sole cord blood banking licensee in Beijing and Guangdong. So far, cord blood banking licenses have been issued for only six of China's 31 regions, and CO owns two of them. However, another four licenses are expected to be issued in 2010. CO's existing operations cover an aggregate population of 110 mln people, including 94 mln in Guangdong, which is larger than all but 12 countries in the world. There were 1.2 mln newborns in Beijing and Guangdong in 2007.
The co expects demand to continue to increase due to rising disposable incomes in urban areas; greater attention to health issues; an emphasis on children under China's one-child policy; and heightened public awareness of the benefits of cord blood storage. The financials look great as the co is profitable and Q2 (Sep) revenue rose 30.4% yr/yr to $9.4 mln, with huge operating margin of 37%. Subscribers currently total 105,812 with 21,752 new subs signed up in 1H09, up 47% yr/yr. The co is highly profitable, but having to spread net income across a pretty high share count (66.1 mln) makes the P/E valuation somewhat high (no ests) and it results in a $380 mln market cap, which is on the high side for a co with $18 mln in revs for the 6 mos ended Sep 30.
Bottom Line, any Chinese stock trading below $10 is likely a speculative idea, including CO. However, based on the moves of some of these other undiscovered names, these stocks have the potential to be big winners. The primary concern with CO is that the Chinese govt's "one license per region" policy could change at anytime and lead to greater competition. On the positive side, the application process to become a cord blood banking licensee takes several years and is expensive, which should help to discourage more entrants. Another concern is the heavy float at 65 mln shares, light volume (has cracked 100k share volume only once in the last 16 days) and a fairly high share count (see above).
However, CO looks attractive overall as China's first and largest cord blood bank operator. This is an emerging technology in the most populous country on earth. By holding two of the six cord blood banking licenses in China and being the exclusive operator in the Beijing municipality and Guangdong province, the co has the potential to dominate this market over the coming years and it is looking to acquire other licensees. Mkt cap $380 mln, float 65 mln, avg vol 43k.
systrader, re: CO -- was that writeup from today? Very cool that they are covering it, though no reaction in stock price. I own the warrants, so am happy to get the name out there.
IDI volume is crazy. This may finally set it free.
thanks - this one was a bit of a gut-check along the way, and the story isn't over yet! I still may end up striking out...we'll see.
edj, re: CBPO - i became aware of it this AM, but haven't seen the report myself. so i would think it either came out last night or this AM.
Here we go again! - I have no idea what's going on here with all the volume, but it's starting to move quicker and I am loving it! My thesis has been to swing for the homerun on this one, and that hasn't changed. Still shooting for a 5-10 bagger on .50 entries.