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AROX up 32.61% on only 259000k this contract with 3m will be incredible looking for 60-80 pps
AROX just sighed a deal with the largest suppier of these types of chemical product in Canada 3M this will big hugh keep it on your watch list.!!This stock is unknown to most till today.
June 18, 2008 - 3:00 PM EST
AROX 0.23 -0.02
Today 5d 1m 3m 1y 5y 10y
Alderox, Inc. & 3M Canada Company Sign Exclusive Supply Contract
SAN CLEMENTE, Calif., June 18 /PRNewswire-FirstCall/ -- ALDEROX, INC. (OTC Bulletin Board: AROX), a world leader in productivity enhancing, environmentally friendly anti-stick release agents and lubricants to the mining sector, announced today that it has entered into a long term supply contract with 3M Canada Company. Under the terms of the Agreement, 3M Canada has exclusive rights to the Company's patented Alderox products for the Canadian mining industry, including the oil sands.
Gordon Davies, President of the Company stated, 'The supply agreement with 3M Canada is a significant and very positive event for Alderox, Inc. Not only will the relationship with 3M Canada speed up the development of the Canadian mining and oil sands markets, the fact that 3M Canada has put their name and resources behind our Alderox product confirms that it is a superior solution to the carryback and ore build-up issues in the mining sector.' Mr. Davies concluded, 'We are pleased to be involved with 3M Canada and looking forward to a long and mutually successful relationship with them.'
About Alderox, Inc.
Headquartered in San Clemente, CA with offices in Colorado, Utah, and Tennessee, Alderox, Inc. manufactures and globally markets its Alderox(R) line of release agents and lubricants to heavy industry. The Company's patented formulations, which are 100% environmentally friendly, biodegradable, non- hazardous and non-toxic, are used to reduce or eliminate the massive problems associated with the build-up of materials in mining haul truck beds and on mining handling equipment.
Alderox, Inc.'s website is located at http://www.alderoxasa.com.
Contact : Mike Davies, CEO, Alderox, Inc., Tel. 949-542-7440
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward- looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward- looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the company's filings with the Securities and Exchange Commission.
SOURCE Alderox, Inc.
Source: PR Newswire (June 18, 2008 - 3:00 PM EST)
News by QuoteMedia
www.quotemedia.com
Toast and honey!??
Almost sucked me in but mezz gotz wizzzzzzz to himzzzzzz!
lmfao!!!!!!doog lmfao
Effc 120% ya baby!!
It's going to be a tye!!
RLTR<RLTR<><>RLTR#1 life changer starting to heat up everything on line from disney is up and running....
momo de momo!!!!!!Here comes the momo train.
With a little pressure we are .035 +
The momo is coming brace yourselves!!!
Albertan
enterd @.029 bud
God bless and protect our investment...God bless this company!!!!!
Do you think it will tank..
lmfao
Did you buy some?
I sold a part of my position and bought back in and still hold a position presently, we have a real company, that is being controlled buy a few things that is not in their control, it's been quite a ride to say the least. When the company moved into the shell it was quite transparent that they had problems, due to the lack of experience,not in business, but in a public traded company, they have lots to release but for now they have to sit idle, like us and this is when the paid basher if you will come in and just murder the stock, it truly a bummer, well i think i'll wait it out and see, if I lose, I lose, if I win in which I think I will I win .
There is no dilution to date, where did you get that info.
pcfg going downnnnnnnnnnnnzzzzer!!!lol
I think this was being shorted and pumped and dumped we are sitting on a pps that is lower because of bashers on other boards this will move back up i'm sure of it, they need money to expand and they will have to get this stock up. Is the the share count the same?
For the record this company is not being looked at from the securities, just got off the phone with them.
Who ever called bldv nailed it, you'd da man!
LOLOLOLOLZZZZ!!!!!!
LOL
Letzzz hope 2nd play of the day don't go astray playyyyya...PCFG
No thank youzzzzole!!!!!playa
I sold 500 x2 @1.00 bought 1000@.42
RPDM OUCHZZZZZZZZZZ!!!!!
What is making this move !!!!???
.12 being hammered!!
This ride is far from over buckle your seatbelts and place your bets.......
Posted by: TAKI Date: Wednesday, June 11, 2008 8:09:05 PM
In reply to: None Post # of 485
CJGH.105X.115.FULL REPORT EVALUATION ON THE Q REPORT THAT WAS OUT AFTER HOURS.HUGEEEEEEEEEEEEEE.
THE Q REPORT WAS INCREDIBLE TODAY.VERY GOOD NUMBERS INDEED.
THE STOCK IS EXTREMELY UNDERVALUED,AND YOU WILL AGREE WITH ME WHEN YOU READ THE BELOW.
IMO IT SHOULD BE TRADING AT A MINIMUM OF .44 PER SHARE OR A LOW 5 P/E, TO AS HIGH AS $1.76 PER SHARE=20 TIMES EARNINGS.
AT 10 P/E YOU GET A .88 PPS.SO FROM .44 TO EVEN $2.00 PPS IS JUSTIFYABLE IMO.SOME OF THE BEST FUNDAMENTALS I HAVE EVER SEEN.
NOW YOU WILL ASK ME,WHERE DO YOU COME UP WITH THESE NUMBERS.
OKAY.ON THE Q REPORT OUT TODAY READ BELOW,THE COMPANY
1)The Company recorded revenues of $6.30 million in Q1 2008.HUGE AS IT IS AS MUCH AS WHAT IT DID FOR 6 MONTHS REVENUES
OF 2007.APROXIMATELY.SO THE REVENUES GROWING AT DOUBLE PACE.
2)The Company recorded net income after taxes of $0.609 million in Q1 2008.SO IF WE TAKE 600K$ PROFIT DIVIDED BY 27.5 MILLION O/S WE COME OUT WITH AROUND .022 PER SHARE EARNINGS THAT IS ONLY FOR THIS Q.SO IF THEY KEEP THE PACE OF .022 PER Q,WE COME UP WITH .088 FOR FULL YEAR OF 2008.NOW TAKE THAT NUMBER TIMES
LOW 5 TIMES P/E AND YOU HAVE YOUR FIRST LOW PPS OF .44.
10 TIMES P/E AND YOU HAVE .88 PPS.
20 TIMES P/E AND YOU HAVE 1.76 PPS.
3)THE ASSETS HAVE BEEN INCREASED.SO THE BOOK VALUE NOW GOT TO BE AROUND .30 PER SHARE.SO THE STOCK TRADES AT AROUND 1/3 BOOK VALUE.
4)GROWTH FOR 2008 MINIMUM 20%.
5)Operating Profit Margin increased by 121.53% from 6.41% during FY 2007 to 14.20% in Q1 2008.VERY GOOD.
7)Golden Horse along with its affiliates and controlled entities is one of
the top five manufacturers of steel ball bearings in China. The Company
produces over three billion ball bearings annually of various
specifications along with its development of over 15 new products, such as
stainless steel balls, aluminum balls, and ceramics balls. In addition, the
Company continues to export its products to over twenty countries worldwide
including the USA, Japan, Brazil, India, and Germany.</B>
8)CASH 321K$.PROBABLY NOW A LOT MORE.
9)EVEN AT THE WORST OF THE WORST CASE SENARIO,LET US SAY THEY ONLY HAVE THIS PROFITABLE Q,AND THE OTHER 3 THEY BRAKE EVEN=WE STILL HAVE .02 PER SHARE EARNINGS.AT 20 P/E WE HAVE .40 PPS,AND AT 10 P/E .20 PPS.SO THE STOCK NOW AT .11 IS????????????
LINK BELOW OF COMPANY'S WEBSITE.CHECK IT OUT.
http://www.goldenhorsesteel.com/steelball/index.asp
LINK BELOW OF MY PREVIOUS REPORT ON THE YEARLY EARNINGS FOR 2007.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29590221
Wednesday, June 11 2008 4:01 PM, EST
China Jiangsu Golden Horse Steel Ball Reports Record Q1 Revenues
Market Wire "US Press Releases "
XUYI, JIANGSU, CHINA -- (MARKET WIRE) -- 06/11/08 -- China Jiangsu Golden Horse Steel Ball, Inc. (PINKSHEETS: CJGH) ("Golden Horse" or "the Company") a leading Chinese manufacturer and supplier of ball bearings, has announced unaudited consolidated operating results for the three month period ended March 31, 2008 ("Q1 2008"). Highlights for Q1 2008:
-- the Company recorded revenues of $6.30 million in Q1 2008 or
approximately 48.79% of the revenues recorded in the year ended December
31, 2007 ("FY 2007").
-- the Company recorded a gross profit of $1.15 million in Q1 2008 and
the Gross Profit Margin increased by 39.72% from 13.04% during FY 2007 to
18.22% in Q1 2008.
-- the Company recorded an operating profit of $0.894 million in Q1 2008
and the Operating Profit Margin increased by 121.53% from 6.41% during FY
2007 to 14.20% in Q1 2008.
-- the Company recorded net income after taxes of $0.609 million in Q1
2008 and the Return on Assets increased by of 13.10 % from 8.55% during FY
2007 to 9.67% in Q1 2008.
-- during FY 2007, the Company recorded revenues of $12.91 million, gross
margin of $1.68 million, operating income of $0.827 million and net income
after taxes of $1.1 million.
The increase in revenue is attributable to growing global demand for steel bearings as the Company had positive growth in sales from its existing customer base and was able to obtain new contracts. The Company increased prices of the steel bearings to offset the higher direct material costs of steel as the price for raw material steel products continues to increase as a result of higher global demand. In addition, the Company has started to realize the dramatic increase in gross profit margin as the result of the capital investments made in 2007 to improve its offering of bearing products and modernization of equipment and machinery, including the opening on the new plant in Xuyi.
The Company will be uploading the financial statements onto the website, and we encourage the
last was .115 for 19500
momo!!!!!!!!
God bless and protect our investment...God bless this company!!!!!
.115- maybe .12
ROTFLMO!!!!
EVEN OR GREEN BIGGGGGG PUSH!!!!
Music!