www.TheFinancialMarketingGroup.com
Followers | 59 |
Posts | 2,197 |
Boards Moderated | 4 |
Alias Born | 04/28/2019 |
Twitter Profile: | Temporarily Unavailable |
Follow on Twitter: | Follow @ Temporarily Unavailable |
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
$NIO Inc On The Road Too $20.00
Nice break to ATH on Tuesday , now lets see do we
get continuation or a back test.
Potential targets -
$19.00 Primary and local Fibonacci expansion levels
are in confluence so should provide resistance.
$20.00 is a key psychological target
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$NIO Inc On The Road Too $20.00
Nice break to ATH on Tuesday , now lets see do we
get continuation or a back test.
Potential targets -
$19.00 Primary and local Fibonacci expansion levels
are in confluence so should provide resistance.
$20.00 is a key psychological target
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$SPAQ | Gets the Dave Portnoy Treatment
Nice break this week in this volatile and indeed
speculative stock, with the help of some very active
stock influencers.
Potential targets short term as per resistance levels.
Indicators are bullish and volume increasing.
50&20 Moving Averages in support.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$SPAQ | Gets the Dave Portnoy Treatment
Nice break this week in this volatile and indeed
speculative stock, with the help of some very active
stock influencers.
Potential targets short term as per resistance levels.
Indicators are bullish and volume increasing.
50&20 Moving Averages in support.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$URBN | #UrbanOutfitters Can Climb Much Higher
Earnings Beat Details
Urban Outfitters (NASDAQ:URBN) reports comparable retail segment sales fell 13% in Q2 vs. -28% consensus. By brand, comparable retail segment net sales increased 11% at Free People and decreased 8% at Urban Outfitters and 25% at the Anthropologie Group. Total retail segment sales were down 14% and wholesale segment sales were off 51%.
Gross margin was 29.6% of sales vs. 32.8% a year ago and the consensus mark of 21.3%. Operating margin was 8.6% of sales vs. 8.1% a year ago.
"I’m pleased to announce URBN produced solid revenues and profits for the second quarter driven by strength in the digital channel... Notably, all brands were profitable and enter the fall selling season with lean inventories and positive momentum," says CEO Richard Hayne
Source seekignaplha
$URBN | #UrbanOutfitters Can Climb Much Higher
Earnings Beat Details
Urban Outfitters (NASDAQ:URBN) reports comparable retail segment sales fell 13% in Q2 vs. -28% consensus. By brand, comparable retail segment net sales increased 11% at Free People and decreased 8% at Urban Outfitters and 25% at the Anthropologie Group. Total retail segment sales were down 14% and wholesale segment sales were off 51%.
Gross margin was 29.6% of sales vs. 32.8% a year ago and the consensus mark of 21.3%. Operating margin was 8.6% of sales vs. 8.1% a year ago.
"I’m pleased to announce URBN produced solid revenues and profits for the second quarter driven by strength in the digital channel... Notably, all brands were profitable and enter the fall selling season with lean inventories and positive momentum," says CEO Richard Hayne
Source seekignaplha
$CRM | #Salesforce $279 Target
Having missed the pop post earnings , the next long entry will be above
the Fibonacci resistance at $248.00.
It could possibly set up a run to $276-$279.
Earnings were a huge beat and blow past all estimates.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$CRM | #Salesforce $279 Target
Having missed the pop post earnings , the next long entry will be above
the Fibonacci resistance at $248.00.
It could possibly set up a run to $276-$279.
Earnings were a huge beat and blow past all estimates.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$ROKU Rising on Major Upgrade
ROKU get a BUY upgrade from Citi with a $180 price target.
Highly volatile stock that has struggled to clear $157 in the past, which
if cleared open up a move to $161 short term.
Upgrade details
Citi analyst Jason Bazinet initiated coverage of Roku with a Buy rating and $180 price target. Over the past few years, the market has valued an active Roku account at $330, higher than the $130 the economic value per account, Bazinet tells investors in a research note. The disparity reflects the market's view of active account economics improving augmented by account growth, says the analyst. Applying $330 of economic value per subscriber to his active account 2022 forecast of 70M suggests Roku's equity will be worth $160 at the end of 2021, $180 at the end of 2022 and $200 at the end of 2023.
thefly.com
$ROKU Rising on Major Upgrade
ROKU get a BUY upgrade from Citi with a $180 price target.
Highly volatile stock that has struggled to clear $157 in the past, which
if cleared open up a move to $161 short term.
Upgrade details
Citi analyst Jason Bazinet initiated coverage of Roku with a Buy rating and $180 price target. Over the past few years, the market has valued an active Roku account at $330, higher than the $130 the economic value per account, Bazinet tells investors in a research note. The disparity reflects the market's view of active account economics improving augmented by account growth, says the analyst. Applying $330 of economic value per subscriber to his active account 2022 forecast of 70M suggests Roku's equity will be worth $160 at the end of 2021, $180 at the end of 2022 and $200 at the end of 2023.
thefly.com
$DELL Earnings Analysis
Dell has been trending within a well defined channel for 5 weeks.
Below which there is a major gap, this does carry some risk.
To the upside possible targets to consider are.
$65.50- Gap fill
$67.41- Previous resistance point.
Spending in this sector is extremely high in recent months with the expansion
or remote learning & work, Governments worldwide have been providing free
laptops for the less privileged, will DELL show the benefits and Margins from such schemes?.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$DELL Earnings Analysis
Dell has been trending within a well defined channel for 5 weeks.
Below which there is a major gap, this does carry some risk.
To the upside possible targets to consider are.
$65.50- Gap fill
$67.41- Previous resistance point.
Spending in this sector is extremely high in recent months with the expansion
or remote learning & work, Governments worldwide have been providing free
laptops for the less privileged, will DELL show the benefits and Margins from such schemes?.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$PYPL | #Paypal $215 Short Term Target
PYPL gets a healthy upgrade to buy and a $285 price target from Mizuho.
Possible long entry on break above $205
upside target $210-$215 in the short term.
NACD cross imminent & Histogram approaching Zero-line.
RSi has worked off overbought conditions and has room to run
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$PYPL | #Paypal $215 Short Term Target
PYPL gets a healthy upgrade to buy and a $285 price target from Mizuho.
Possible long entry on break above $205
upside target $210-$215 in the short term.
NACD cross imminent & Histogram approaching Zero-line.
RSi has worked off overbought conditions and has room to run
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$SQ | #Square $180 Price Target, Upgraded to Buy
SQ has been trending perfectly within this channel since early april.
It has received a bullish upgrade to Buy today from Mizuho, lets see if it can
ignite the next step higher.
Potential long above $160
Upside Fibonacci Targets $170- $180
Mizuho initiated coverage of Square with a Buy rating and $225 price target.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$SQ | #Square $180 Price Target, Upgraded to Buy
SQ has been trending perfectly within this channel since early april.
It has received a bullish upgrade to Buy today from Mizuho, lets see if it can
ignite the next step higher.
Potential long above $160
Upside Fibonacci Targets $170- $180
Mizuho initiated coverage of Square with a Buy rating and $225 price target.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$MSFT | #Microsoft $247 Fibonacci Target
Upon request I have taken a deeper look at potential targets for MSFT .
The most obvious level to consider now as resistance is @ $226 where 3 fib levels are in confluence .
RSI is uptrending and has room to run much higher.
MACD & Histogram also bullish
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$MSFT | #Microsoft $247 Fibonacci Target
Upon request I have taken a deeper look at potential targets for MSFT .
The most obvious level to consider now as resistance is @ $226 where 3 fib levels are in confluence .
RSI is uptrending and has room to run much higher.
MACD & Histogram also bullish
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$GRWG | #GrowGeneration Reversal Trade
Momentum & speculation drove the stock of GRWG to $23 this month
before sufferings a 40% selloff.
Stifel has now initiated the stock with A buy RATING & $22 target
7&20ma's have crossed bullishly.
Potential targets $16.95 - $18.00
Upgrade details
Stifel analyst W. Andrew Carter initiated coverage of GrowGeneration with a Buy rating and $22 price target. The shares are currently undervaluing the company's "differentiated growth profile" as the leading specialty retailer of hydroponics, the potential value creation from the ongoing roll-up opportunity, and the scarcity value of pure-play investable opportunities for capitalizing on the growth of the U.S. cannabis category, Carter tells investors in a research note. The analyst estimates GrowGeneration can post 55% annual revenue growth through fiscal 2022.
Source theFly
$GRWG | #GrowGeneration Reversal Trade
Momentum & speculation drove the stock of GRWG to $23 this month
before sufferings a 40% selloff.
Stifel has now initiated the stock with A buy RATING & $22 target
7&20ma's have crossed bullishly.
Potential targets $16.95 - $18.00
Upgrade details
Stifel analyst W. Andrew Carter initiated coverage of GrowGeneration with a Buy rating and $22 price target. The shares are currently undervaluing the company's "differentiated growth profile" as the leading specialty retailer of hydroponics, the potential value creation from the ongoing roll-up opportunity, and the scarcity value of pure-play investable opportunities for capitalizing on the growth of the U.S. cannabis category, Carter tells investors in a research note. The analyst estimates GrowGeneration can post 55% annual revenue growth through fiscal 2022.
Source theFly
$MRVL | #Marvell Tech Long Into Earnings
MRVL long trade into earnings .
Potential targets
$37.00 Fibonacci Golden Pocket
$39.00 Previous resistance
MRVL carries risk as it is reporting when the SMH is getting extended.
Indicators bullish with room to run.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$MRVL | #Marvell Tech Long Into Earnings
MRVL long trade into earnings .
Potential targets
$37.00 Fibonacci Golden Pocket
$39.00 Previous resistance
MRVL carries risk as it is reporting when the SMH is getting extended.
Indicators bullish with room to run.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$PLIN | #ChinaXiangtaiFoodCompany Today's Blockbuster Sales News Could Spark Rally!
China Xiangtai Food Co., Ltd. (NASDAQ: PLIN )
Alert Price: $1.07
Price Target: $6.70 (Goldman Small Cap Research)
Float: 9.8M
Earlier we told you that we've identified a low-float Nasdaq listed alert with monster gain potential.
The Company is China Xiangtai Food Co., Ltd. (NASDAQ: PLIN ), and it deserves your immediate attention.
The world is changing rapidly.
This change is now affecting food supply chains.
As CNBC noted, “The meat supply chain is broken. Here’s why shortages are likely to last during the coronavirus pandemic”.
Through this dislocation, some companies might be presented with significant growth opportunity.
China Xiangtai Food Co., Ltd. (NASDAQ: PLIN ) could be one of those companies.
The Company:
Has A Razor Thin Float
A History Of Monster Single Day Moves
Has Tremendous Upside
Just Released Blockbuster Sales News
Just minutes ago, the Company announced that its controlled subsidiary Chongqing Ji Mao Cang Feed Co., Ltd. ("JMC") has completed approximately USD 5 million in sales of soybean meal between within one week. The Company entered into a purchase contract (the "Contract") with China Grain Reserve Corporation's ("Sinograin") Zhenjiang Branch to sell 12,000 tons of soybean meal to Sinograin. Soybean meal is produced by the residue after oil extraction and is used in food and animal feed as a protein supplement.
Ms . Zeshu Dai, Chairwoman and Chief Executive Officer of the Company commented, "We are pleased to generate such significant sales in one week's time and expects to maintain a stable sale to Sinograin in the future. Sinograin are very selective in choosing their suppliers and we are proud to be considered as their long-term business partner. By leveraging JMC's expertise in animal feed raw material and formula solutions and the Company's commercial strength, we are confident that this approach will be successful in expanding into the southwest China market and creating value for our shareholders."
Today's blockbuster news could spark a major rally for this low-float alert!
That being said, we suggest that you act now, and add PLIN to the top of your watchlist.
About China Xiangtai Food Co., Ltd
Headquartered in Chongqing, China, China Xiangtai Food Co., Ltd, is a food company primarily engaged in pork processing. The Company's operations span key sections of the pork processing value chain, including slaughtering, packing, distribution, and wholesale of a variety of fresh pork meat and parts. Primarily focused on pork products, the Company also offers other fresh and processed products, including beef, lamb and poultries. Through the recent acquisition of Chongqing Ji Mao Cang Feed Co., Ltd, the Company has also expanded into the business of feed raw material and feed formula solutions. Through its core values, the Company is committed to maintaining the highest standards of food safety, product quality, and sustainability to provide high-quality, nutritious, and tasty food in a responsible manner through its portfolio of trusted brands.
We offer two main series of our products, namely the processed series and the fresh series.
We purchase live hogs through distributors who purchase hogs from well-known big hog farms located in different cities in southern China. We use an automated standard modern production line to slaughter the hogs and pack the fresh pork and byproducts. We deliver the fresh pork to local distributors who then resell the fresh pork to smaller wholesalers and retail vendors. Main products from the processed series include shredded meat, sliced meat, meat stuffing, pickled meat, lamb and offal, sausage, bacon, steamed meat, breaded chicken and spicy meat.
We also purchase fresh pork, beef, lamb, chicken, duck, and rabbit meat from local farmers. We process fresh pork, beef, lamb, chicken, duck, and rabbit meat into processed products. We sell fresh pork and processed meat products to both wholesale and retail markets. Main products from the fresh series include fresh pork and byproducts, beef, lamb, chicken, duck and rabbit meat.
Maintaining the highest industry standards for food safety, product quality and sustainability is one of our core values. We have food circulation permit and national industrial production certificate. Our operations comply with international standards and we have obtained a series of certifications, such as ISO9001, ISO22000 and HACCP. We have strict quality control systems in each segment of our value chain, from production through sales and distribution.
We have more than 200 employees. In our slaughterhouse and processing facility, we have a standardized and automatic production line for hog slaughtering and meat packing. We also have meat processing rooms and standardized freezers to process and store processed meat product. Our slaughtering plant in Linshui Industrial Park, Sichuan Province covers an area of 27,000 square meters. Our processing factory in Fuling, Chongqing, covering an area of 8,000 square meters. We have 6 registered trademarks in PRC .
We are committed to provide consumers with high-quality, nutritious and tasty products through our portfolio of trusted and well-known brands and to driving consumption trends, while setting a high industry standard in product quality and food safety.
For more information, please visit ir.plinfood.com/
PLIN Launches Hot Pot Restaurant Business
The Company aims to open 200 hot pot franchisees by the end of 2021
Earlier this month, the Company announced that it plans to launch a hot pot franchise business and plans to open its first location in Chongqing by August 31, 2020. The launch will allow the Company to integrate its existing industry resources and leverage its strength to provide consumers with a farm-to-table experience.
The Company plans to expand the hot pot chain by applying a franchise model and increase the number of restaurants to 200 by the end of 2021. All restaurants will be operated under Company's own brand "Xiangtai Fresh Beef Hot Pot". The Company plans to recruit a team of seasoned restaurateurs with more than 20 years of professional experience to manage and operate the franchise chain.
Ms . Zeshu Dai, Chairwoman and Chief Executive Officer of the Company commented, "We are excited about the launch of our hot pot restaurant franchise. We hope to meet the robust demand by supplying fresh and flavorful meat products on the retail level, thus creating additional revenue channels. Being competitive in the hot pot business requires high quality food supplies and extensive food industry experience, which are our strengths. We believe PLIN has tremendous potential and this new business will position the Company to create long-term value."
Xiaohui Wu , the President and Director of China Xiangtai Food , is Featured in a New Interview at SmallCapVoice.com
Plans to Increase Revenue and Profits from Internal Operations
Mr. Xiaohui Wu called in to SmallCapVoice.com, Inc. to go over the business model and markets served by his Company. In addition, Mr. Wu provided his personal comments on the recent news and upcoming events for the Company.
In the interview, Mr. Wu expanded on how the Company is handling the pork shortages in China, their continued path to vertical integration, how they are taking advantage of rising pork prices, and what direction the Company will take for the remainder of 2020. Recently, the Company announced that they have entered into a lease agreement (the "Agreement") to expand hog breeding business in Guangxi Province. Pursuant to the Agreement, the Company has agreed to rent a 2,500-square-meter hog breeding farm (the "Farm") with four hog breeding houses in Guangxi for five years until May 7, 2025.
Regarding the recently announced expansion into the hog breeding business, Mr. Wu stated, “This is really a particularly important development for our company since the goal of our company is to increase revenue and profits from our internal operations. Right now, the price of pork is extremely high making the hog breeding business especially profitable. This is just another sign of our commitment to vertical integration and expanding internal operations.”
PLIN Is An Award Winning Company
Earlier this monrth, PLIN was awarded the First Class Award of 2020 Excellent Chongqing International Food Enterprise Recommendation (the "Award") by Preferred Merchant (www.shouxuan18. cn ), an enterprise information integration and marketing platform that ranks enterprises in different industries and conducts strict field investigations and real-time monitoring of enterprises.
The Award aims to build a quality international food market, to lead the development of the international food industry, to enhance competitive advantages of international food companies, to cultivate a good market environment, to set up industry standards, and to promote a sustainable, steady and vigorous development of the Chinese international food industry. Also, the Award provides consumers with authoritative guidance and assistance, resulting in more rational consumption choices and saving time and energy for consumers.
"We are excited to win the Award. The recognition from Preferred Merchant reinforces our growing footprint locally, where we continue to increase our products offerings, ensure our products' quality, and attract more customers. The Award highlights the commitment and passion of our team to build an industry benchmark that meets consumers' needs for healthy and high-quality food," said Ms . Zeshu Dai, Chairman and Chief Executive Officer of the Company.
Ms . Dai continued, "Every year we receive multiple awards, and every one of them demonstrates the PLIN's exceptional reputation and market position. We are honored to receive the Award from Preferred Merchant and we believe it can help improve PLIN's branding awareness and expand our business."
Goldman Small Cap Research Slaps On $6.70 Price Target. Over +525% In Upside Potential
Analyst Rob Goldman from Goldman Small Cap Research, released a complete research report on the company with a $6.70 target.
Conclusion: PLIN has announced major initiatives which should substantially increase the Company’s financial performance and drive the stock toward our $6.70 price target, which reflects 13x our upwardly revised FY21 operating income forecast in our basic (non-roll up) P&L model.
PLIN closes accretive, complementary acquisition. In a matter of weeks, PLIN not only executed a highly profitable and accretive complementary business acquisition but closed on a major joint venture which provides the Company with unrivalled positioning through vertical integration. The acquisition in particular enables PLIN to expand the southwest market in China but also add roughly $70 million, or a 70% rise in annualized sales.
New, 10-year JV bolsters integration. Meanwhile, the recently announced a 10-year joint venture with Chongqing Fengjie County Rural Ecological Agriculture Development Co., Ltd. ("FEA") increases PLIN’s vertical integration by immediately adding hog breeding capabilities. Pork is a major food staple in China and PLIN is a leading provider throughout the food chain.
New forecasts, price target under review, more deals in the offing. Given the recent events, we have raised key forecasts and our price target is under review for a potential upgrade as well. Plus, it appears additional business development opportunities are in the offing later this year, enabling PLIN to establish a stronghold in this sector. Publicly traded pork companies such as Hormel are near year highs as this category serves as a popular defensive group during these difficult economic and market conditions. As a US-traded pure play on this sector in China, PLIN could follow a similar path.
Technical Analysis
We've done our very own chart analysis and see the potential for a big move from here!
The share structure also seems attractive to those looking for a ticker with tremendous upside potential!
Bullish Indicators:
Bullish break from down-trending channel while also reclaiming the 20 moving average as support.
Indicators also in reversal after bottoming.
Indicators bottomed and signaling a bullish reversal.
The Bottom Line
PLIN could be our next Nasdaq listed alert to run-up big.
The Company is in the midst of a major growth period, and has several bullish catalysts on the horizon.
Now may be the perfect time to take a closer look at PLIN
As always, we encourage you to do further research. Also, when you find yourself in a position to profit, it is often wise to do so.By Viewing this Content, you Agree that you Have Read and are in Full Understanding of both our Disclaimer & Privacy Policy(*Remember to use a Stop-Loss Order to protect your gains, as well as limit possible losses.)
Best Regards,
$PLIN | #ChinaXiangtaiFoodCompany Today's Blockbuster Sales News Could Spark Rally!
China Xiangtai Food Co., Ltd. (NASDAQ: PLIN )
Alert Price: $1.07
Price Target: $6.70 (Goldman Small Cap Research)
Float: 9.8M
Earlier we told you that we've identified a low-float Nasdaq listed alert with monster gain potential.
The Company is China Xiangtai Food Co., Ltd. (NASDAQ: PLIN ), and it deserves your immediate attention.
The world is changing rapidly.
This change is now affecting food supply chains.
As CNBC noted, “The meat supply chain is broken. Here’s why shortages are likely to last during the coronavirus pandemic”.
Through this dislocation, some companies might be presented with significant growth opportunity.
China Xiangtai Food Co., Ltd. (NASDAQ: PLIN ) could be one of those companies.
The Company:
Has A Razor Thin Float
A History Of Monster Single Day Moves
Has Tremendous Upside
Just Released Blockbuster Sales News
Just minutes ago, the Company announced that its controlled subsidiary Chongqing Ji Mao Cang Feed Co., Ltd. ("JMC") has completed approximately USD 5 million in sales of soybean meal between within one week. The Company entered into a purchase contract (the "Contract") with China Grain Reserve Corporation's ("Sinograin") Zhenjiang Branch to sell 12,000 tons of soybean meal to Sinograin. Soybean meal is produced by the residue after oil extraction and is used in food and animal feed as a protein supplement.
Ms . Zeshu Dai, Chairwoman and Chief Executive Officer of the Company commented, "We are pleased to generate such significant sales in one week's time and expects to maintain a stable sale to Sinograin in the future. Sinograin are very selective in choosing their suppliers and we are proud to be considered as their long-term business partner. By leveraging JMC's expertise in animal feed raw material and formula solutions and the Company's commercial strength, we are confident that this approach will be successful in expanding into the southwest China market and creating value for our shareholders."
Today's blockbuster news could spark a major rally for this low-float alert!
That being said, we suggest that you act now, and add PLIN to the top of your watchlist.
About China Xiangtai Food Co., Ltd
Headquartered in Chongqing, China, China Xiangtai Food Co., Ltd, is a food company primarily engaged in pork processing. The Company's operations span key sections of the pork processing value chain, including slaughtering, packing, distribution, and wholesale of a variety of fresh pork meat and parts. Primarily focused on pork products, the Company also offers other fresh and processed products, including beef, lamb and poultries. Through the recent acquisition of Chongqing Ji Mao Cang Feed Co., Ltd, the Company has also expanded into the business of feed raw material and feed formula solutions. Through its core values, the Company is committed to maintaining the highest standards of food safety, product quality, and sustainability to provide high-quality, nutritious, and tasty food in a responsible manner through its portfolio of trusted brands.
We offer two main series of our products, namely the processed series and the fresh series.
We purchase live hogs through distributors who purchase hogs from well-known big hog farms located in different cities in southern China. We use an automated standard modern production line to slaughter the hogs and pack the fresh pork and byproducts. We deliver the fresh pork to local distributors who then resell the fresh pork to smaller wholesalers and retail vendors. Main products from the processed series include shredded meat, sliced meat, meat stuffing, pickled meat, lamb and offal, sausage, bacon, steamed meat, breaded chicken and spicy meat.
We also purchase fresh pork, beef, lamb, chicken, duck, and rabbit meat from local farmers. We process fresh pork, beef, lamb, chicken, duck, and rabbit meat into processed products. We sell fresh pork and processed meat products to both wholesale and retail markets. Main products from the fresh series include fresh pork and byproducts, beef, lamb, chicken, duck and rabbit meat.
Maintaining the highest industry standards for food safety, product quality and sustainability is one of our core values. We have food circulation permit and national industrial production certificate. Our operations comply with international standards and we have obtained a series of certifications, such as ISO9001, ISO22000 and HACCP. We have strict quality control systems in each segment of our value chain, from production through sales and distribution.
We have more than 200 employees. In our slaughterhouse and processing facility, we have a standardized and automatic production line for hog slaughtering and meat packing. We also have meat processing rooms and standardized freezers to process and store processed meat product. Our slaughtering plant in Linshui Industrial Park, Sichuan Province covers an area of 27,000 square meters. Our processing factory in Fuling, Chongqing, covering an area of 8,000 square meters. We have 6 registered trademarks in PRC .
We are committed to provide consumers with high-quality, nutritious and tasty products through our portfolio of trusted and well-known brands and to driving consumption trends, while setting a high industry standard in product quality and food safety.
For more information, please visit http://ir.plinfood.com/
PLIN Launches Hot Pot Restaurant Business
The Company aims to open 200 hot pot franchisees by the end of 2021
Earlier this month, the Company announced that it plans to launch a hot pot franchise business and plans to open its first location in Chongqing by August 31, 2020. The launch will allow the Company to integrate its existing industry resources and leverage its strength to provide consumers with a farm-to-table experience.
The Company plans to expand the hot pot chain by applying a franchise model and increase the number of restaurants to 200 by the end of 2021. All restaurants will be operated under Company's own brand "Xiangtai Fresh Beef Hot Pot". The Company plans to recruit a team of seasoned restaurateurs with more than 20 years of professional experience to manage and operate the franchise chain.
Ms . Zeshu Dai, Chairwoman and Chief Executive Officer of the Company commented, "We are excited about the launch of our hot pot restaurant franchise. We hope to meet the robust demand by supplying fresh and flavorful meat products on the retail level, thus creating additional revenue channels. Being competitive in the hot pot business requires high quality food supplies and extensive food industry experience, which are our strengths. We believe PLIN has tremendous potential and this new business will position the Company to create long-term value."
Xiaohui Wu , the President and Director of China Xiangtai Food , is Featured in a New Interview at SmallCapVoice.com
Plans to Increase Revenue and Profits from Internal Operations
Mr. Xiaohui Wu called in to SmallCapVoice.com, Inc. to go over the business model and markets served by his Company. In addition, Mr. Wu provided his personal comments on the recent news and upcoming events for the Company.
In the interview, Mr. Wu expanded on how the Company is handling the pork shortages in China, their continued path to vertical integration, how they are taking advantage of rising pork prices, and what direction the Company will take for the remainder of 2020. Recently, the Company announced that they have entered into a lease agreement (the "Agreement") to expand hog breeding business in Guangxi Province. Pursuant to the Agreement, the Company has agreed to rent a 2,500-square-meter hog breeding farm (the "Farm") with four hog breeding houses in Guangxi for five years until May 7, 2025.
Regarding the recently announced expansion into the hog breeding business, Mr. Wu stated, “This is really a particularly important development for our company since the goal of our company is to increase revenue and profits from our internal operations. Right now, the price of pork is extremely high making the hog breeding business especially profitable. This is just another sign of our commitment to vertical integration and expanding internal operations.”
PLIN Is An Award Winning Company
Earlier this monrth, PLIN was awarded the First Class Award of 2020 Excellent Chongqing International Food Enterprise Recommendation (the "Award") by Preferred Merchant (www.shouxuan18. cn ), an enterprise information integration and marketing platform that ranks enterprises in different industries and conducts strict field investigations and real-time monitoring of enterprises.
The Award aims to build a quality international food market, to lead the development of the international food industry, to enhance competitive advantages of international food companies, to cultivate a good market environment, to set up industry standards, and to promote a sustainable, steady and vigorous development of the Chinese international food industry. Also, the Award provides consumers with authoritative guidance and assistance, resulting in more rational consumption choices and saving time and energy for consumers.
"We are excited to win the Award. The recognition from Preferred Merchant reinforces our growing footprint locally, where we continue to increase our products offerings, ensure our products' quality, and attract more customers. The Award highlights the commitment and passion of our team to build an industry benchmark that meets consumers' needs for healthy and high-quality food," said Ms . Zeshu Dai, Chairman and Chief Executive Officer of the Company.
Ms . Dai continued, "Every year we receive multiple awards, and every one of them demonstrates the PLIN's exceptional reputation and market position. We are honored to receive the Award from Preferred Merchant and we believe it can help improve PLIN's branding awareness and expand our business."
Goldman Small Cap Research Slaps On $6.70 Price Target. Over +525% In Upside Potential
Analyst Rob Goldman from Goldman Small Cap Research, released a complete research report on the company with a $6.70 target.
Conclusion: PLIN has announced major initiatives which should substantially increase the Company’s financial performance and drive the stock toward our $6.70 price target, which reflects 13x our upwardly revised FY21 operating income forecast in our basic (non-roll up) P&L model.
PLIN closes accretive, complementary acquisition. In a matter of weeks, PLIN not only executed a highly profitable and accretive complementary business acquisition but closed on a major joint venture which provides the Company with unrivalled positioning through vertical integration. The acquisition in particular enables PLIN to expand the southwest market in China but also add roughly $70 million, or a 70% rise in annualized sales.
New, 10-year JV bolsters integration. Meanwhile, the recently announced a 10-year joint venture with Chongqing Fengjie County Rural Ecological Agriculture Development Co., Ltd. ("FEA") increases PLIN’s vertical integration by immediately adding hog breeding capabilities. Pork is a major food staple in China and PLIN is a leading provider throughout the food chain.
New forecasts, price target under review, more deals in the offing. Given the recent events, we have raised key forecasts and our price target is under review for a potential upgrade as well. Plus, it appears additional business development opportunities are in the offing later this year, enabling PLIN to establish a stronghold in this sector. Publicly traded pork companies such as Hormel are near year highs as this category serves as a popular defensive group during these difficult economic and market conditions. As a US-traded pure play on this sector in China, PLIN could follow a similar path.
Technical Analysis
We've done our very own chart analysis and see the potential for a big move from here!
The share structure also seems attractive to those looking for a ticker with tremendous upside potential!
Bullish Indicators:
Bullish break from down-trending channel while also reclaiming the 20 moving average as support.
Indicators also in reversal after bottoming.
Indicators bottomed and signaling a bullish reversal.
The Bottom Line
PLIN could be our next Nasdaq listed alert to run-up big.
The Company is in the midst of a major growth period, and has several bullish catalysts on the horizon.
Now may be the perfect time to take a closer look at PLIN
As always, we encourage you to do further research. Also, when you find yourself in a position to profit, it is often wise to do so.By Viewing this Content, you Agree that you Have Read and are in Full Understanding of both our Disclaimer & Privacy Policy(*Remember to use a Stop-Loss Order to protect your gains, as well as limit possible losses.)
Best Regards,
$NVDA | #NVIDIA --> Traders must feel Relieved.
The stock had immense pressure on its shoulders going into earnings which turned out to be a healthy beat.
Tomorrow we will see do investors see a reason to buy sell or stick.
The Local resistance and support levels are highlighted on the chart with $500 & $468 on alert for a break.
$LB | #LimitedBrands Beats Estimates, Targets To Watch
Short interest 8.6%
Earnings Details
L Brands shares rose in after-hours trading after the retailer reported better-than-expected results for the second quarter.
The Columbus, Ohio-based company has faced headwinds in recent years as the strength of its Bath & Body Works business couldn’t overcome the sagging sales of its Victoria’s Secret chain. Throw in the effects of the coronavirus pandemic, which caused L Brands (ticker: LB ) to close many of its stores in accordance with stay-at-home orders, and the outlook became even drearier.
But results during the last quarter were better than feared, as most of its stores in North America have reopened. Revenue came in at $2.3 billion—a 20% drop from a year earlier—but better than the $2.2 billion Wall Street expected.
When adjusted for a noncash impairment charge of its Victoria’s Secret brand and other restructuring costs, LBrands posted earnings of 25 cents a share, well ahead of the 42 cent loss the Street had forecast. Without the adjustments, the company posted a loss of 18 cents a share, compared with earnings of 14 cents a share a year earlier.
Source Barrons
$LB | #LimitedBrands Beats Estimates, Targets To Watch
Short interest 8.6%
Earnings Details
L Brands shares rose in after-hours trading after the retailer reported better-than-expected results for the second quarter.
The Columbus, Ohio-based company has faced headwinds in recent years as the strength of its Bath & Body Works business couldn’t overcome the sagging sales of its Victoria’s Secret chain. Throw in the effects of the coronavirus pandemic, which caused L Brands (ticker: LB ) to close many of its stores in accordance with stay-at-home orders, and the outlook became even drearier.
But results during the last quarter were better than feared, as most of its stores in North America have reopened. Revenue came in at $2.3 billion—a 20% drop from a year earlier—but better than the $2.2 billion Wall Street expected.
When adjusted for a noncash impairment charge of its Victoria’s Secret brand and other restructuring costs, LBrands posted earnings of 25 cents a share, well ahead of the 42 cent loss the Street had forecast. Without the adjustments, the company posted a loss of 18 cents a share, compared with earnings of 14 cents a share a year earlier.
Source Barrons
$CVAC | #Curevac Potential Continuation Targets
Stock gapped up today as a result of a sizeable contract from the EU.
Technically the stock found support on the Fibonacci Golden Pocket (.65-.618).
Was somewhat surprising that there was no follow through in the afternoon session,
but lets see will tomorrow bring more gains.
7&12 moving averages support and holding above the VWAP
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.
$CVAC | #Curevac Potential Continuation Targets
Stock gapped up today as a result of a sizeable contract from the EU.
Technically the stock found support on the Fibonacci Golden Pocket (.65-.618).
Was somewhat surprising that there was no follow through in the afternoon session,
but lets see will tomorrow bring more gains.
7&12 moving averages support and holding above the VWAP
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.