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New/Improved website up but not PR'd yet.
http://www.lotuspharma.com/
I also bought shares today at .18
With all the money China is throwing at healthcare, I think these pharma stocks are due for a big move up soon.
Agree it would be interesting to see if they hit the "up to 100" store target by eoy. Maybe including distributorships like they will.
I did pick up a few yesterday on the bid of .08 and .085. I'm actually averaging up here now since I was buying this before Q1 was announced at .04 and .05
Haven't sold a share and don't intend to until they are well inyto next year.
Where can you find a PROFITABLE fast growing Chinese stock for under .10/share? not many out there.
This one's just still unknown/undiscovered...but at some point it won't be and I want to be all in before that happens.
GL
Good move IMO.
Get the shoes out there and sold at minimal cost.
Looking forward to Q2 income. If they manage to have positive earnings again with all the start-up costs of these stores and distributors, I can see this moving up again.
Until then, we'll probably continue to fly under the radar.
I'm looking to add here before Q2 is announced.
DRGG at .07/.075 gave guidance of .04-.05/share income in 2009
They made .02/share in last 9 months, and are projecting .04-.05/shar in fiscal 2009 (their fiscal year started July 1).
I'm a buyer of it here.
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=6038880-7778-11466&type=sect...
Dear Fellow Shareholder:
Dragon International Group has experienced substantial growth for the first nine months of fiscal 2008 as we transitioned our business for the future. We decided to exit the low margin cigarette packaging business as we focused our efforts in the food and pharmaceutical packaging business where margins and growth prospects are far more robust. In October of 2007 we acquired a 100% equity interest in Wellton International Fiber Corp. (“Wellton”), a company engaged in the distribution of paper products and pulp. This acquisition, coupled with our focus on our higher margin packaging operations has been the key driver to the significant improvement in our operating results for the first nine months of fiscal 2008.
Our revenue in the first nine months of fiscal 2008 reached $33.3 million with net income rising to $2.2 million or $0.02 per share, as compared to revenue of $13.3 million and a net loss of $350,000 in the first nine months of fiscal 2007. We are confident that the company is well positioned for continued growth for the remainder of this fiscal year which ends on June 30, 2008 and into fiscal 2009. For fiscal 2009, management currently estimates that revenue will exceed $50 million with earnings reaching $5 million or in the range of $0.04 to $0.05 per share.
We believe that as a result of the decisions made in fiscal 2008, we are poised to take advantage of the substantial growth opportunities in specialty packaging. We anticipate the Chinese government will continue its initiative to increase quality standards in pharmaceutical packaging which will have a positive impact on the overall growth of this industry as well as the growth of our operations. We intend to broaden our product lines and increase our marketing efforts in order to substantially accelerate the growth of our pharmaceutical packaging operations in the coming years. We believe that the pharmaceutical packaging industry in China will remain a high growth sector for many years to come as evidenced by the fact that its market size was roughly US$2 billion in 2007 as compared to US$30 billion in the United States. We are confident that we can grow this business significantly while maintaining healthy profit margins as we strive to increase our shareholder value. Management further believes its pulp and paper operations at Wellton will continue to grow organically and maintain a double digit growth rate for the foreseeable future.
In closing, as Chairman of Dragon International Group, I feel it is important for you to know that we are determined to maximize the value of our company for its shareholders. We head into fiscal 2009 in a strong financial position with high expectations for the future. We will continue to look for opportunistic acquisitions that will complement our current operations. We intend to focus on horizontal consolidation opportunities as we work diligently to have our company emerge as a market leader in the packaging industry. We are confident that we have the right initiatives, the correct business model and the right leadership to capitalize on the significant market opportunities we have in China. We would like to thank you for your support and look forward to maximizing the value of DRGG for you, our shareholders, in the years to come.
Sincerely,
David Wu
Chairman of the Board
Investor Presentation from last week:
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=6038880-5844-7631&type=sect&dcn=0001266454-08-000392
Website:
http://www.drgg.us/
I like, and I'm buying.
hard to believe this is under .08/share here when they made .02/share in fist 3/4 of fiscal 2008, and are looking at .04-.05/share for fiscal 2009 (which they're already in now).
If their numbers are for real, this is way cheap here.
I got some at .07-.075 today.
not good for the financial sector or stocks in general on Monday IMO.
We could see a drop Monday that could cause trading halts.
I like them both and made a lot of money last year with CFSG.
I like SINE (formally SNEN) better than CHNG though. They'll be going to Naz soon it looks like (see news this week).
Have no position in either here.
CHSH has been holding up OK in this market- considering it's so thinly trded and a true penny stock. A lot of potential there IMO.
I would think they would have had to increase production or they wouldn't be opening stores. I can't imagine why they would open stores if they can't stock the shelves.
News on China Shoe today- now with 11 retail stores open, and 6 more to open soon.
http://biz.yahoo.com/prnews/080630/cnm028.html?.v=28
News today: Looks like they've got 11 stores open now, with 6 more about to open, and a target of 100 stores by eoy.
Amazing potential here if they get these stores open and the brand catches on.
http://biz.yahoo.com/prnews/080630/cnm028.html?.v=28
China Shoe Holdings Inc. Launches Online Store
Wednesday June 11, 9:30 am ET
SHANGHAI, China, June 11 /Xinhua-PRNewswire-FirstCall/ -- China Shoe Holdings (OTC Bulletin Board: CHSH - News) announced today the launch of their online store, http://www.a139139.com, as another important milestone in the Company's retail strategy. China Shoe spent extensive efforts to research and implement the online store. It is designed with the aim of achieving the maximum usability and user-friendliness for target customers.
ADVERTISEMENT
Customers can browse through China Shoe's latest offerings and will also be able to make their purchases electronically. While the Company continues to expand its bricks and mortar retail network stores, the online store will provide customers with another channel of purchase. Moreover, it will also present the Company an additional avenue to market its brands of Kanggies and CCR in the cyberspace. Special features such as promotional discounts, tailor-made services and exclusive online items are available to ensure the greatest synergy with the chain stores.
Mr. Gu Xianzhong, Chairman and CEO of China Shoe Holdings, indicated that the online store and the retail chain are complimentary and synergistic to each other. The goal of the online store would be to achieve a significant portion of the Company's revenue within two years.
About China Shoe Holdings, Inc.
Based in Shanghai, China, China Shoe Holdings manufactures, designs and sells private labels and its own branded footwear throughout China and in overseas markets, principally Japan. China Shoe Holdings has its own manufacturing facilities located in China. China Shoe Holdings has built a diversified customer base throughout China and overseas.
CHSH has been added to the StockCharts list.
I also don't know if people have seen this from the CHSH website:
"The total current production of China Shoe Holdings, Inc. is sold up to December 2008."
http://chinashoeholdings.com/sale.htm
Not sure what to make of that as I don't know what their production capacity is...but it sounds good, lol.
CHSH board here if any interested. Still quiet there- not much hype/bs.
http://investorshub.advfn.com/boards/board.aspx?board_id=9995
China Shoe Holdings Holds Successful Media Event in Shanghai, China
Wednesday June 4, 9:14 am ET
SHANGHAI, China, June 4 /Xinhua-PRNewswire-FirstCall/ -- On May 28, 2008, China Shoe Holdings (OTC Bulletin Board: CHSH - News) held a media event to promote its own brands, Kanggies and CCR, to the public in Shanghai. More than twenty reporters from various TV stations, newspapers and trade publications, as well as representatives from dozens of department stores and shopping malls attended the event.
Kanggies brand positions in the medium to high-priced market segment with white-collar working women being the main target consumers. CCR brand's focus is on economically-priced shoes targeting the mass public, especially consumers residing in city suburbs or less developed counties. China Shoe will promote both brands through its self-owned retail stores as well as other franchised outlets. Two Kanggies stores have already been opened and ten more are expected to commence by July of 2008. A plan to open up 30 CCR stores is under consideration and it will move forward in mid June.
Mr. Gu Xianzhong, President and CEO of China Shoe Holdings, indicated that this media event demonstrates how the company is rapidly executing its retail strategy. Having conducting vigorous research during the past six months, the management is optimistic about the PRC's footwear retail market and the company's ability to become a major player in it.
About China Shoe Holdings, Inc.
Based in Shanghai, China, China Shoe Holdings manufactures, designs and sells private label and its own branded footwear throughout China and in overseas markets, principally Japan. China Shoe Holdings has its own manufacturing facilities located in China. China Shoe Holdings has built a diversified customer base throughout China and overseas.
CHSH.OB board:
http://investorshub.advfn.com/boards/board.aspx?board_id=9995
They also launched online sales of the "Kanggies" brand
http://www.Kanggies.com
http://www.Kanggies.net
They didn't mention that in the pr though...not sure why they didn't.
This company is already profitable (compared to CROX, which lost .05/share last Q), and should grow fast now that they're getting into high margin retail shoes.
I know this will sound like pumping...but I'm going to say it anyway...I think this one could be over $1/share by eoy if this brand takes hold in China and Japan.
Looks like we're starting to get noticed with the retail launch.
They also have websites at http://www.Kanggies.com and http://www.Kangies.cn launched already.
Looks like more news to come in next few weeks as they continue to open more stores and then start franchising them.
"Two Kanggies stores have already been opened and ten more are expected to commence by July of 2008. A plan to open up 30 CCR stores is under consideration and it will move forward in mid June."
If they successfully execute the retail strategy, then a 6 month hold = $1.00+/share IMO.
China Shoe Holdings Holds Successful Media Event in Shanghai, China
First of many retail stores open.
Press Release Source: China Shoe Holdings, Inc.
China Shoe Holdings Holds Successful Media Event in Shanghai, China
Wednesday June 4, 9:14 am ET
SHANGHAI, China, June 4 /Xinhua-PRNewswire-FirstCall/ -- On May 28, 2008, China Shoe Holdings (OTC Bulletin Board: CHSH - News) held a media event to promote its own brands, Kanggies and CCR, to the public in Shanghai. More than twenty reporters from various TV stations, newspapers and trade publications, as well as representatives from dozens of department stores and shopping malls attended the event.
ADVERTISEMENT
Kanggies brand positions in the medium to high-priced market segment with white-collar working women being the main target consumers. CCR brand's focus is on economically-priced shoes targeting the mass public, especially consumers residing in city suburbs or less developed counties. China Shoe will promote both brands through its self-owned retail stores as well as other franchised outlets. Two Kanggies stores have already been opened and ten more are expected to commence by July of 2008. A plan to open up 30 CCR stores is under consideration and it will move forward in mid June.
Mr. Gu Xianzhong, President and CEO of China Shoe Holdings, indicated that this media event demonstrates how the company is rapidly executing its retail strategy. Having conducting vigorous research during the past six months, the management is optimistic about the PRC's footwear retail market and the company's ability to become a major player in it.
About China Shoe Holdings, Inc.
Based in Shanghai, China, China Shoe Holdings manufactures, designs and sells private label and its own branded footwear throughout China and in overseas markets, principally Japan. China Shoe Holdings has its own manufacturing facilities located in China. China Shoe Holdings has built a diversified customer base throughout China and overseas.
Safe Harbor Statement
This release may contain forward-looking statements. These forward-looking statements are neither promises nor guarantees, but involve risks and uncertainties that may cause actual results to differ materially from those in the forward-looking statements. Readers should not place undue reliance on any such forward-looking statements that are based solely on information known as of the date of this release. China Shoe Holdings, Inc. disclaims any obligation to update or revise any such statements to reflect any change in expectations or in events, conditions or circumstances on which any such statements may be based or that may affect the likelihood that actual results will differ from those contained in the forward-looking statement.
--------------------------------------------------------------------------------
Source: China Shoe Holdings, Inc.
http://biz.yahoo.com/prnews/080604/cnw023.html?.v=22
Quite a magement team from 10-k
Management team from 10-k
Average age is 38.
They have a combination of extensive experience in the industry, some have multiple masters degrees, others have experience in NYSE or Hong Kong listed companies, CFO has worked as an auditor for Deloitte and Touche, two are CPAs, one is an attorney.
I haven't seen a company trading for under a $1/share in the US or China that has the depth that this little company has in their management team.
___________________________________________________
Directors and Executive Officers
Our current directors and executive officers are as follows :
Name Age Position(s)
Gu Xianzhong 52 President, CEO and a Director
Kon Ki Lo 33 Director
Gu Changhong 57 COO and VP Manufacturing
Angus Cheung Ming 38 CFO
Chaojun Huang 33 Secretary
Gu Xianzhong was a founder of SKYEDC in where he has worked since 1997 and has over 20 years of experience in managing shoe operations in the PRC. Gu Xianzhong has been a director and our CEO since June 2007.
Kon Ki Lo was appointed director in July 2007. He has been a practicing attorney in the Hong Kong Special Administrative Region since 1999 and is presently the General Counsel of a NYSE company. He has also been counsel to three Chinese companies that are publicly traded in the United States. Mr. Lo holds a Bachelor of Laws Degree and a P.C.LL from the University of Hong Kong.
Gu Changhong was appointed COO and VP Manufacturing and Production in July 2007. Gu Changhong is a co-founder if SKYEDC where he has worked since 1997. He has over 20 years of managerial experience in the wholesale footwear industry including experience in shoe design and export.
Angus, Cheung Ming was appointed CFO in July 2007. Mr. Cheung is a certified public accountant both in the Hong Kong Special Administrative Region and the United Kingdom. Before joining the Company, he was the Chief Financial Officer of a Hong Kong based PRC IT Company at OTCBB, Prior to the aforesaid, Mr. Cheung worked as an auditor in Deloitte Touche & Tohmatsu and RSM Nelson Wheeler. Mr. Cheung holds two Master Degrees from the City University of Hong Kong (International Accounting and Information Systems). He was also an ordinary member of Hong Kong Securities Institute and an associate member of the Taxation Institute of Hong Kong.
Chaojun Huang has been was appointed Secretary in July 2007. He has been CFO of SKYEDC since 2005. Prior thereto, from 1999 to 2005, he was the financial director of Shanghai Taihe Metallic Material Co., Ltd. He is a 1998 graduate of Hunan Financial and Economical College and a registered accountant.
Guys- check this other China penny out
CHSH.OB (China Shoe Holdings).
They just reported a Q1 where they made more eps (with higher income and revenue growth rates) than LWLL did for all of last year.
Won't be long under .20/share IMO.
Currently at .10/share- thinly traded/unknown still. Insiders and 10% holders have never sold a single share.
I'm buying mine online with Fidelity- no problems there. But I have heard of people having problems getting their orders placed online with some brokers with other China microcaps, so I'm not surprised. I think if you call, then any of the brokers will place the order though.
Chased SGZH this morning. Bought CSOL (China Solar Clean Energy) instead.
I like CSOL here. Revenues and income up big-time, but EPS down .01/share due to dilution. But the dilution was for two acquisitions that will begin adding to revenues/income in Q2. Stock down after Q1 reported, but if you can hold it for another Q or two, it should be fine.
Still looking to buy more CHSH.OB on a pullback, and will watch SGZH.
GL
Thanks JT.
CHSH might pull back a bit, where I'm planning to buy more. I emailed their pipe investor (Magellan Global Fund) two weeks ago asking if their Q would be on time, and if the company now had the funding (from Magellan)to begin launch the retail end of the business. This was their reply:
"Yes, we believe that they have sufficient funds to begin their retail expansion in China, from what we understand they should be on time with their Q. We are not aware of what will be in their press release.
Our involvement with China Shoes is long term and we will continue to fund them in order for them to successfully execute their business plan.
Best regards,"
Well, CHSH reported on time as the email said they would...so I believe they're being honest (hard to believe in a penny stock, I know) that the company has the cash in hand to launch their "Kangies" brand now.
"Kangies", the Crocs of China. I still like that! Once people find out about this one, it could turn out to be red hot.
Took a look at SGZH and I like it- will probably try to get some next week.
The growth in some of these China microcaps over the last year or so is amazing, and if you buy and hold a few of them for 6-12 months, you can do quite well.
hmm..I guess it's not in the profitspi.com database.
I like this chart style better personally.
http://www.smallcapcenter.com/charts/newchart.asp?ticker=chsh&P1=chsh&P8=1&P17=1&P35=66cc66&P36=ff3300
Anyway, CHSH up 44% yesterday (volume light though) in response to their Q1 earnings...which was almost as much as they made in all of 2007.
Now...once the company starts opening up their "Kangies" brand retail stores and then franchising them in July (they have the funding for it), I can see the stock easily hitting the highs of last year (.80+)or more.
I had emailed Magellan Group a few days back.
Asked if CHSH would be releasing their quarterly report on time, if they would have a PR on their income growth, and if they had enough cash now to begin their retail expansion.
Here was their reply:
"Yes, we believe that they have sufficient funds to begin their retail expansion in China, from what we understand they should be on time with their Q. We are not aware of what will be in their press release.
Our involvement with China Shoes is long term and we will continue to fund them in order for them to successfully execute their business plan.
Best regards,"
Well, they were right about the quarterly report being filed on time. If they're right about the cash for expansion being in place, then I think we'll see some PRs about actual openings soon....just in time for the olympics. This stock could easily hit the highs of last year once they start opening their Kangies brand retail stores....especially when you factor in the extra income from franchise fees. IMO, this one's a buy and hold for 6-12 months. I also noticed that despite the stock trading at much higher levels last year (even though earnings weren't nearly as good as they just reported), there hasn't been a single insider sale. Not one. Says a lot about management and insiders and where they think the company is going.
Agreed..........................................................
I would add CHSH.OB to the group. They just filed their 10-Q.
Net income/share up 184% over Q1 2007.
CHSH board here also if interested:
http://investorshub.advfn.com/boards/board.asp?board_id=9995
Well- the 10-Q they just filed today should help.
Strong growth- Hell, they made damn near what they made in all of 2007 in just the first Q of 2008....and that's without a single retail Kangies brand store open yet.
They're on track to make .02-.03/share...just from their wholesale business.
I've recently been buying this one again.
They've gotten the financing to begin the retail launch of the Kangies brand shoes/sneakers. Even without the retail expansion, they grew net income by 267% in 2007 vs. 2006. Looks to me like they're on the right track. The financing arrangement that they've announced also look favorable to shareholders getting in at these prices. IMO, once they start opening stores and developing the kangies brand, this should move nicely. Any other thoughts- pro/con here?
Yea...not sure if they meant $4.7M though....based on last year's income, I'd say that's what they meant. If it's really $47M, then a good cuunk of that revenue whould show up in their Q1 report- due out in the next week or two. I have a small position in it- will add if earnings look solid. If CHSH gets can make the switch into retail seller (target is to have retail stores open in July with the cash they've revently raised)... in addition to the manufacturing and wholesale sales that they've been doing, I can see how the stock could fly. The name of the brand they're going to launch is "Kangies". Maybe Kangies will be the Crocs of China, lol! I'd take that!
At any rate, it's hard to find a company that made almost .01/share that's growing net income by over 250% yoy for under .10/share.
Interesting...
"China Shoe Holdings Inc. has a backlog of over 10,000,000 pairs of shoes, or about 47 million US dollars in future sales."
"The total current production of China Shoe Holdings, Inc. is sold up to December 2008. Therefore the Company intends to put-up an additional line to double the capacity of production."
http://www.chinashoeholdings.com/sale.htm
CHSH (China Shoe Holdings) net income up 267% (and no PR???)
Company made .008/share in their 10-k, is getting a loan from magellan at a minimum share price of .07/share (which tells me the company is at least for real/does exist), and stock can be bought for .06-.07 right now. hmmmm....
Forget Cramer- he's an idiot.
Jim Rogers buying China heavily now:
http://www.bloomberg.com/apps/news?pid=20601080&sid=aB4sNJlA4AHo
Lotus Actively Increasing Its Share of China’s Pharma Market
http://seekingalpha.com:80/article/73229-lotus-actively-increasing-its-share-of-chinas-pharma-market?source=d_email
Lotus Actively Increasing Its Share of China’s Pharma Market
http://seekingalpha.com:80/article/73229-lotus-actively-increasing-its-share-of-chinas-pharma-market?source=d_email
LTUS (Lotus Pharmaceuticals) conf. call very interesting.
To access the replay, dial 888-286-8010, international callers dial 617-801-6888, conference ID 35016441.
most significant for me was that there was at least one institution on the call (Maxim Group). LTUS has been very thinly traded/unknown. That should change as institutions start buying/recommending, and their Nasdaq listing gets closer to reality.
Don't know what's happened to this board. Too quiet here!
At least I'm pumped! :)
Lotus Pharmaceuticals, Inc. Announces Fourth Quarter and Fiscal Year 2007 Results
http://biz.yahoo.com/prnews/080417/cnth025.html?.v=16
Lotus Pharma (LTUS) Income up 153%
They just filed 10k after bell, and cleared .27/share in 2007. Stock closed at just .71/share today. Should move big rest of week. I think most were expecting .17-.19 for the year....not .27/share.
http://biz.yahoo.com/e/080414/ltus.ob10-k.html
Lotus Pharma (LTUS) Income up 153%
They just filed 10k after bell and cleared .27/share in 2007. Stock closed at just .71/share today (!). Should move big rest of week. I think most were expecting .17-.19 for the year....not .27/share.
http://biz.yahoo.com/e/080414/ltus.ob10-k.html
LTUS (Lotus Pharma) make good of .28/share for 2008, and .35/share 2009
Today's news from LTUS increases fully diluted share total to 50M 9an increase of 5.75M shares.
I'm not a fan of dilution (who is?), but their make good targets on the placement include .28/share income for 2008 and .35/share income for 2009.
That's a PE of 3 and 2 for 2008 and 2009 respectively based on SP of .81/share. Stupid cheap- especially for a stock now committed to a Nasdaq listing.
http://biz.yahoo.com/prnews/080226/cntu016.html?.v=44
Yes, LTUS restated income higher by a penny last week.
Previous repoft for first 3 quarters had LTUS making .14/share, and now it's .15/share.
They also (in their private placement news just out today) have a make good of $13.8M in net income for 2008.
LTUS (Lotus Pharma) going to Nasdaq
Private placement deal (at prices above yesterday's close) includes Nasdaq listing in $5M deal.
Based on 2008 projections, LTUS has a PE under 5 here.
http://biz.yahoo.com/prnews/080226/cntu016.html?.v=44