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A view of CNBC from an investor's point of view. http://www.execpc.com/~oldcat/cnbc.htm please turn up sound and use full screen. Should be some great moves these next 2 weeks.
The Unigel.com web page was removed on the 22nd of Feb according to this site.. http://amail.co.uk/cgi-bin/adetails.pl?domain=unigel.com The new web page will be a much nicer site without the warehouse front pic that was viewed in the old site. GCC will be linked into the site and maybe some new products. GCC is moving ahead.
I see where IBM is increasing their presence in China. This adds to the investor focus on China. The access to Unigel.com web page has been cancelled, looking forward to their new version and some positive announcements. Stay tuned!
I agree-I think GE is the one that could bring this market to the 6400 range. If GE has a few loan defaults-watch out. Still there are many stocks that will move to the upside plus the money being pulled out will be looking for the "good" ones.
QDXC-I think the company is close to releasing some info, there is a creditor that still is holding out for the buyout. I'm hoping to talk with the attorneys next week to get a reading on where we are headed.
GCHC-just spoke with the auditor and apparently the SUTCO plant is doing fantastic and the audits from HK are complete. Now he has to check them over so as to meet GAAP. Results will be very good, just need the CEO to set the date. Unless the plant blows up, share price should be over a buck, with the figures I'm hearing. Higher if the timing is right.
QDXC-volume move-company may have solved creditor's problem
The financials should be coming stateside next week. If there is confirmation, I'll post ASAP. Won't know the numbers but at least the process will be forward.
GCHC-looking to merge with another Chinese entity. Keep an eye on volume. 10K will be filed by mid-April.
The directors are working very hard to increase the size of GCC to make it a more diversified company. There may be some very positive news coming forth at the end of March regarding these endeavors. All the talks now will hopefully make the share price move beyond the $2 level.
If I asked Ian if he spoke with harlequin, would he give the same response? Point made-$48 billion will be spent on fiber optic cable deployment and infrastructure.
I spoke with the manager of the Unigel plant in China regards the use of fiber optic cable. My concern was all this talk about wireless etc affecting GCC's growth potential. The response was " China just authorized $48 billion for fiber optic cable installation in the next few years". China wants to intergrate the entire nation AND have control over the communications system. There is more control by cable usage than thru wireless communication. All is moving along and coming to fruition.
We will just have to wait for the audit release to get the numbers needed to fill in the equation. China operations still growing so figures should be very good.
I contacted the NAZ people to find out if GCC qualifies for listing. They said GCC meets all criteria with exception of the shareholders equity numbers-those numbers are not available to me until I read the audited financials. I'll try to get some figures from John but do not know if they are yet available. If I find out any information, I'll try an post ASAP.
There is nothing to report as of today. Just watching the low volume and noticed gchc was taken off a "daytraders" watch list. Good news as far as I'm concerned. We don't need fluctuations in price without some filings or pr. Stay tuned.
Time to relax and let the company move the share price forward. Market place looking for a positive go signal.
<font color=green size=15>HAPPY NEW YEAR TO GCC INVESTORS!</font> Chief.
I don't know if any of you listen to ART Bell on the radio-he has the largest radio audience in radio talk show w/520 affiliates in US and abroard. Caller last night predicted share price of greaterchinacorp GCHC would be $1.75 by April of 2002. Host said stock looked very interesting-fiber optic play located in China for last 14 years. Share price moved fron 3 cents in Nov to 51 cents. Now at 45 with news just out last week. Pay attention. Could be worth a lot more after SEC filings next month. Happy New Years-everyone. Chief.
Just one site to look at:
http://lw.pennnet.com/ProductGuide/VendorAlphaList.cfm?Section=ONLINE_PRODUCTS click on letter G.
A good article on China's economy for the next 12 months can be read at chinaonline.com. The article is on the right side and is written by Jun Ma dated 26Dec02.
<font color=red size=25>Joyous Holidays!</font> Chief
I called the NYC office and thanked John for the press release. The next one will be out as soon as HK gets all the numbers in order. Till then I think my posting will cease, unless there is some gchc event that needs mention.
To all the faithful-peace and try and follow the "golden rule".
Happier holidays and a healthier New Years. Chief!
GCHC-nice move up on press release: http://biz.yahoo.com/prnews/011220/nyth109_1.html
Should move much higher after the holiday. China operations with record profits, more pr's coming and SEC filings. Happy Holidays! -->
GCHC-nice move up on press release: http://biz.yahoo.com/prnews/011220/nyth109_1.html
Should move much higher after the holiday. China operations with record profits, more pr's coming and SEC filings. Happy Holidays! -->
I little tip for any of you people who use FRT-freerealtime.com service for your quotes. Don't mention this to the site webmaster. The quotes you are getting are NOT realtime-they are delayed. In order to get the true real time quote-go to the left hand column and click on "time&sales"-you will notice the quote is quite different. The FRT site had a big "pay' drive last month and that is when the quotes started coming in a little delayed. Just part of the game. Chief
The news has just been posted on the COMTEX or Vancouver stock exchange. It will be interesting to see the trading patterns for the next few trading days. Monday is only a half day session.
You have misread me and my intentions. I don't care to bet with anyone regarding who is further ahead at the end of the year-I don't steal money from the innocent.
You and your family have a very Merry X-mas and New Years. Pax
We long termers don't need volume unless there is factual-positive news being released. My fiends and I are not traders-we own over 4 mm shares and don't intend to sell till the share price is over $3. Now with the low float!!4 to6mm and OS of 28mm-the share price is going up bigtime with this news. Remember-the pr said more pr to follow. If you are a "flipper" or "daytrader" be my guest. I take advantage of capital gains taxes and don't have to sit by a screen all day. GCHC is solid and has plans to expand. All this takes time and time not timing is the secret of great, profitable investing. Have a very Merry Holiday. I sure will!
GCHC--NEWS JUST OUT!
http://biz.yahoo.com/prnews/011220/nyth109_1.html
Hope you all took advantage of the current price share.
Archie: Seansons Greetings!
PRESS RELEASE:
JUST OUT! ENJOY!
http://biz.yahoo.com/prnews/011220/nyth109_1.html
:o)-----Yippie!!!!!
Thank you! I'll keep this board this way or we will move to another "controlled" board. We do not gain any ground by in-fighting and all who read this thread are either long or hoping to make a return on their investment. Chief.
If anyone is interested in checking updates on the greaterchinacorp.com web site, this URL will help.
http://amail.co.uk/cgi-bin/adetails.pl?domain=greaterchinacorp.com
The company told me that this web site will be activated as soon as they have SEC filings in order. The Unigel.com web site may incooperate the GCC name in it's next upgrade, so there is no confusion over GCC's involvement with SUTCO.
I received an e-mail from the manager of Unigel and he said he has spent the last few weeks meeting with over 100 customers. He passes along his wishes for the holidays and said he was busting his butt to make GCC a success. Chief
Not to worry my friends. The critics and bashers can have their board and we shall maintain ours. The investors will eventually find out which side is correct. Chief.
I want to extend seasons greeting to all who frequent this thread. I think we should all just enjoy the holidays and wait till the company brings us joy. Till we hear from GCC, good luck and health to all. Chief
gchc-I am curious about the last 2 trades on gchc. Why would any person sell or buy 200 or 400 shares of a company like gchc? How could these sales go through at the bid of .36 when my screen shows the ask at .36> I move to pinksheets.com and they show bid .24 and ask at .36, this is even more confusing. I don't know about the IQ's of daytraders but it can't be very high if they aren't buying blocks of 20k or higher on these pennies. Am I missing something? Chief.
Funds have been released to GCC for distibution and cash reserves. Stay tuned.
SUTCO audits going on right now in HK. These financials will then be sent here, to the US, for GCC's auditors to examine. This does no preclude a press release being released regarding other matters. We just have to wait and see if the attorneys or directors prevail. The operations in China are still expanding and demand for gel & equipment is growing.
I see where our friends the daytrades are selling in 5k lots. They don't want the surprises that often occur over the weekends. Low volume still proving the float is in the hands of the long term investor. A Friday PR would really teach those clowns a lesson.
There are some good articles on Chinaonline.com as is usually the case. WTO transition went smoothly and money is pouring into China.
The overall stock market appears very weak and I would not be invested in any company right now. The exception being GCC. There is a ton of debt out there and eventually the bill comes due.
I noticed that the Chinese stocks, traded here in the US, are headed south. Investors still looking at the bottom line. PE ratios are still too high and fed seems very nervous. It seem strange how good times/ bad times in actuallity seem the same. I have never really been effected one way or the other. One thing is for sure, gas prices are down, and I like that situation.
The WTO news releases can be best read by going to Chinaonline.com and clicking on the various news orgs. that printed their version. FT & BBC and WSJ are all a little different in content.
The best site I have found which details the WTO and China is; http://www.chinalegalchange.com/a-wto.html
GCC's management told me they would not limit their future business plans to just fiber optics. There are too many avenues of pursuit where GCC can increase it's shareholders worth.