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We might not see heavy volume this afternoon at all.
It could be that a lot of people are happy with their positions having gotten in over the last few days. In fact, we might see some selling due to mo-mo players taking profits and not wanting to take the chance that the merger isn't announced tomorrow.
Not trying to drag everyone down...but I think it could go either way re: volume/price today.
As long as they get this deal announced, we're to .20+++ in a matter of minutes from the release.
JMHO
just looks like a classic walkdown on low volume.
At least it might scare out a few week hands- which is always good!
I agree that with any volume, we'll be knocking on .10
TKAT very strong on pending reverse merger- if .10 breaks, look out!
Oil keeps going up, up, up. CNEH will too in time!
http://biz.yahoo.com/ap/071016/oil_prices.html
You're looking for reason(s) to buy LTUS?
Read the SEC filings. It's extermely undervalued here.
http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?dcn=0001161697-07-000912&Type=HTML
LTUS also has a current ratio of about 3, which is extremely strong for ANY stock, particularly a microcap.
GTEC owns 8.5M shares of SPEH.OB, which announced record income this morning.
______________________________________________
Speedhaul Holdings, Inc. Releases Audited Annual Report With $28.3 Million in Revenue and $2.6 Million in Net Profits
Tuesday October 16, 6:30 am ET
HOHHOT, Inner Mongolia, Oct. 16, 2007 (PRIME NEWSWIRE) -- Speedhaul Holdings, Inc. (to be known as Gold Horse International, Inc.) (OTC BB:SPEH.OB - News) released its 2007 Annual Report for the fiscal year ended June 30, showing revenues of $28.3 million, net profits of $2.6 million, and net assets of $15.37 million. Year-to-year, net revenues increased 25.3% and net income increased 55.5%.
ADVERTISEMENT
Mr. Yang Lian Kuan, Chairman and CEO of Gold Horse commented: ``As a U.S. public company, we are seriously aware of the importance of performance and forecasts, and we want Gold Horse to be judged by results, not promises. We are pleased with the results of our fiscal year, as audited by the California firm, Kabani & Company, Inc. ''I am asking that our U.S. Director, Mr. Jonathan Blum, serve as the spokesperson and liaison for Gold Horse in the United States. He will be organizing an executive office in New York, as he is uniquely qualified in leading a Chinese real estate development company's activities in the U.S.``
Mr. Blum commented: ``I am pleased to have the opportunity to represent Gold Horse's interests in the United States. Through its development and construction activities, I believe Gold Horse is uniquely positioned to capitalize on the burgeoning Chinese real estate market. Gold Horse's financial performance for the recently completed fiscal year is a testament to the Company's strength of operations, market position, and potential.''
Mr. Adam Wasserman, Chief Financial Officer, summarized the Company's year-to-year performance: ``For the year ended June 30, 2007, net revenues amounted to $28,322,306 compared to $22,608,755 for the year ended June 30, 2006, an increase of $5,713,551 or 25.3%. Additionally, for the year ended June 30, 2007, net income amounted to $2,594,526 as compared $1,668,699, an increase of $1,409,247 or 55.5%. For the years ended June 30, 2007 and 2006, net income per common shares was $.05 and $.03, respectively.''
About Speedhaul Holdings, Inc.
Speedhaul Holdings, Inc., through its wholly owned subsidiaries, Gold Horse International, Inc. and Global Rise International Ltd., controls and operates Inner Mongolia Jin Ma Construction Co., Ltd. (``Jin Ma Construction''), Inner Mongolia Jin Ma Hotel Co., Ltd. (``Jin Ma Hotel'') and Inner Mongolia Jin Ma Real Estate Development Co., Ltd. (``Jin Ma Real Estate'', and collectively the ``Jin Ma Companies''), all based in Hohhot City, the regional capital of Inner Mongolia Autonomous Region in the People's Republic of China. Jin Ma Construction has been providing construction and general contractor services in Hohhot City to both private developers and the local and regional governments since 1980. Jin Ma Hotel owns, operates and manages the Jin Ma Hotel, a full-service two-star hotel located in Hohhot City. Jin Ma Real Estate develops residential and commercial properties in Hohhot City. For more information, visit http://www.GoldHorseInternational.com
Forward-looking Statements
Statements made in this news release may contain forward-looking statements concerning Speedhaul's business operations. The actual results may differ materially depending on a number of risk factors including, but not limited to, the following: general economic and business conditions, development, market acceptance, competition from existing and new competitors, and various other factors beyond its control. The risks inherent in Speedhaul's business operations are detailed under ``Risk Factors'' in its Current Report on Form 8-K/A filed on July 9, 2007. Speedhaul undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.
Contact:
Speedhaul Holdings, Inc.
Gold Horse International, Inc.
Jonathan Blum, U.S. Director
(917) 848-8506
Blum.JH@gmail.com
--------------------------------------------------------------------------------
Source: Gold Horse International, Inc.
Exclusive video footage of TKAT this week!
The rest of the week will look like this.
LTUS (Lotus Pharma) Undiscovered Chinese pharma stock.
Trailing PE 12, with current ratio of 3.0...pretty damn healthy....and cheap.
Looks like the proverbial "undiscovered gem" here.
http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?dcn=0001161697-07-000912&Type=HTML
TKAT looking strong on pending reverse merger with Chinese malls
GTEC Pro Forma FULLY DILUTED income is .06/share post merger
See last page of filing:
http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?dcn=0001144204-07-053188&Type=HTML
I'll let others decide for themselves if GTEC is undervalued here with a PE of 5
read the latest SEC filing.
They look like they will be pulling in 11c/share in 2008.
Another hot one for next week: TKAT is undergoing a reverse merger with a PROFITABLE Chinese mall chain.
Deal is supposed to be announced by Wednesday, 12/17.
The mall chain made $1.7 net income in 2007.
TKAT has 88M shares (a lot, I know). But that still comes to .02/share income. TKAT (unless there is massive, massive dilution) should trade at .40 with a middle-of-the-road PE of 20.
TKAT closed at .07/share yesterday, so it should trade much much higher.
Here are the stores TKAT will own after the merger:
General Description of the Malls in merger (from a 3/20/2007 SEC filing)
General Description of Malls
Following is a general description of each mall by location, date of construction, size and revenues. The Chinese currency, RMB, also know as Yuan, is shown in US dollars on the ratio of 1:8 where 8 RMB equals one US dollar. The malls are listed in the order in which they were built. The annual revenue per square meter ranges from approximately 42 to 89 dollars per square meter. The difference in revenue is primarily due to lower value leases, due to tenants with lower margins and goods requiring more floor area per dollar of sales so that lease rates are lower in some malls. As leases expire, rates are increased to current market rates. Lease income constitutes approximately 55% of the annual revenue and management fees, collected monthly, constitutes approximately 45%. The occupancy rate on the six existing malls is currently near 100%, with a waiting list for vacant space.
• Mall 1- Taiyuan Clothing City
Located at Chaoyang St., Taiyuan Dongcheng, Shanxi Province, PRC. Built in 1992, it has seven floors and 51,940 square meters of retail space and houses the offices of TRBT. It currently has approximately 1,600 tenants. Annual lease revenues earned in 2006 by TRBT were approximately 14,836,485 RMB or $1,854,561 US dollars.
• Mall 2- Jinpin Clothing City
Located at West Chaoyang St., Taiyuan Dongcheng, Shanxi Province, PRC. Built in 1993, it has seven floors and 29,640 square meters of retail space. It currently has approximately 500 tenants, annual lease revenues earned in 2006 paid by TRBT of approximately 21,166,415 RMB or $2,645,802 US dollars.
• Mall 3- Longma Shopping Mall
Located at Chaoyang St., Taiyuan Dongcheng, Shanxi Province, PRC. Built in 1993, it has five floors and 17,000 square meters with woolen and winter goods in 12,000 square meters of retail space. There are approximately 260 tenants. Annual lease revenues earned in 2006 by TRBT were approximately 4,046,660 RMB or $505,850 US dollars.
31
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PRER14A 33rd "Page" of 57 TOC 1st Previous Next Bottom Just 33rd
• Mall 4- Yudu Minpin Shopping Mall
A five story mall located at West Chaoyang St., Taiyuan Dongcheng, Shanxi Province, PRC. Built in 1996 with total are of 12,000 square meters, but 9,000 square meters of leaseable retail space. It currently has approximately 500 tenants. Yearly lease revenues earned to TRBT by 2006 were approximately 3,332,543 RMB or $416,568 US dollars.
• Mall 5- Xindongcheng Clothing Distribution Mall
Located at Hao Zhuang St., Taiyuan Dongcheng, Shanxi Province, PRC. Built in 2004, it has five floors and 48,000 square meters of retail space. It currently has approximately 800 tenants. Annual lease revenue earned in 2006 by TRBT were approximately 15,996,210 RMB or $1,999,526 US dollars.
• Mall 6- New Xicheng
Located at Chaoyang St., Taiyuan Dongcheng, Shanxi Province, PRC. Built in 2006, it has six floors and 43,000 square meters of retail space. It currently has approximately 400 tenants. Annual lease revenues earned for the next twelve months beginning the second half of 2006 were approximately 16,377,072 RMB or $2,047,134 US dollars.
Thank you for the explanation.
I think GTEC is the definition of value it's current share price.
I've spent hours and hours pouring over the SEC filings related to this merger, and as a former CPA by profession, I believe GTEC should be at/near $1/share right now...based on fundamentals- not hype.
"What else are you watching if I may ask? tia"
LTUS.OB looks very undervalued here. I bought some Friday.
Also like SNEN.OB on a pullback and CNEH.
Might want to add GTEC to the value microcaps.
It beats CPHI (with all their AR issues) hands down!
Cash
GTEC = $17.5 Million.
CPHI = $2.4 Million.
Sales
GTEC = $76 Million.
CPHI = $28 Million.
Growth Rate
GTEC = 187%
CPHI = 116%
Earnings Growth
GTEC = 748%
CPHI = 82%
TKAT should run big next week. Check this out:
I thought the malls they were acquiring in the reverse merger were strip malls. Seems they're not that at all. In fact, I'm counting some 4000+ tenants, with revenues near $10M USD based on this SEC filing from March, 2007:
General Description of the Malls in merger (from a 3/20/2007 SEC filing)
General Description of Malls
Following is a general description of each mall by location, date of construction, size and revenues. The Chinese currency, RMB, also know as Yuan, is shown in US dollars on the ratio of 1:8 where 8 RMB equals one US dollar. The malls are listed in the order in which they were built. The annual revenue per square meter ranges from approximately 42 to 89 dollars per square meter. The difference in revenue is primarily due to lower value leases, due to tenants with lower margins and goods requiring more floor area per dollar of sales so that lease rates are lower in some malls. As leases expire, rates are increased to current market rates. Lease income constitutes approximately 55% of the annual revenue and management fees, collected monthly, constitutes approximately 45%. The occupancy rate on the six existing malls is currently near 100%, with a waiting list for vacant space.
• Mall 1- Taiyuan Clothing City
Located at Chaoyang St., Taiyuan Dongcheng, Shanxi Province, PRC. Built in 1992, it has seven floors and 51,940 square meters of retail space and houses the offices of TRBT. It currently has approximately 1,600 tenants. Annual lease revenues earned in 2006 by TRBT were approximately 14,836,485 RMB or $1,854,561 US dollars.
• Mall 2- Jinpin Clothing City
Located at West Chaoyang St., Taiyuan Dongcheng, Shanxi Province, PRC. Built in 1993, it has seven floors and 29,640 square meters of retail space. It currently has approximately 500 tenants, annual lease revenues earned in 2006 paid by TRBT of approximately 21,166,415 RMB or $2,645,802 US dollars.
• Mall 3- Longma Shopping Mall
Located at Chaoyang St., Taiyuan Dongcheng, Shanxi Province, PRC. Built in 1993, it has five floors and 17,000 square meters with woolen and winter goods in 12,000 square meters of retail space. There are approximately 260 tenants. Annual lease revenues earned in 2006 by TRBT were approximately 4,046,660 RMB or $505,850 US dollars.
31
--------------------------------------------------------------------------------
PRER14A 33rd "Page" of 57 TOC 1st Previous Next Bottom Just 33rd
• Mall 4- Yudu Minpin Shopping Mall
A five story mall located at West Chaoyang St., Taiyuan Dongcheng, Shanxi Province, PRC. Built in 1996 with total are of 12,000 square meters, but 9,000 square meters of leaseable retail space. It currently has approximately 500 tenants. Yearly lease revenues earned to TRBT by 2006 were approximately 3,332,543 RMB or $416,568 US dollars.
• Mall 5- Xindongcheng Clothing Distribution Mall
Located at Hao Zhuang St., Taiyuan Dongcheng, Shanxi Province, PRC. Built in 2004, it has five floors and 48,000 square meters of retail space. It currently has approximately 800 tenants. Annual lease revenue earned in 2006 by TRBT were approximately 15,996,210 RMB or $1,999,526 US dollars.
• Mall 6- New Xicheng
Located at Chaoyang St., Taiyuan Dongcheng, Shanxi Province, PRC. Built in 2006, it has six floors and 43,000 square meters of retail space. It currently has approximately 400 tenants. Annual lease revenues earned for the next twelve months beginning the second half of 2006 were approximately 16,377,072 RMB or $2,047,134 US dollars.
GTEC taking off!
love the TKAT walkdown on light volume, lol.
Looked ready to blow through .08 but MMs not ready?
TKAT now tackling .075
PROFITABLE Chinese shopping malls?
This could be above .50 next week when merger announced.
TKAT broke .07 resistance. Chinese reverse merger imminent
The newly emerging company had 1.7M in income in 2006.
shares of TKAT = 88M
Income = .02/share
TKAT should trade at .20 post merger with a PE of 20
Lots of room to go up.
Merger to be finanized/announced by Wed. next week.
http://biz.yahoo.com/bw/071003/20071003006011.html?.v=1
TKAT looks like it might break .07 today
Reverse merger in the works with (what else), a hot China company with torrid income growth.
Could do at GTEC and triple when deal is finalized/announced.
http://biz.yahoo.com/bw/071003/20071003006011.html?.v=1
GTEC starting to move off consilidation
GTEC valuation- excellent insight on GTEC from a RB poster.
(I went through the numbers- they're accurate)
AOB vs. CPHI vs. GTEC = GTEC the strong winner!
Company = American Oriental Bio
Symbol = AOB
PE = 23.3
Growth Rate = 49%
Trading at 7.2x sales
Exchange History = OTC BB, then AMEX, now NYSE
----------------------------------------------
Company = China Pharma
Symbol = CPHI.ob
PE = 12.05
Growth Rate = 116%
Trading at 3.5x sales
Exchange History = OTC BB
----------------------------------------------
Company = Genesis Pharmaceutical
Symbol = GTEC.ob
PE = 6.2
Growth Rate = 187%
Trading at 1.8x sales
Exchange History = OTC BB
----------------------------------------------
one can say that being in a major exchange like the AMEX or NYSE has its privileges and therefore AOB trades at a substantially higher valuation than CPHI.ob or GTEC.ob. However when we compare CPHI.ob to GTEC.ob we find there's a huge disparity even between these 2 OTC BB stocks.
CPHI.ob is valued at twice the value of GTEC.ob when we just look at their Sales and PEs! But there are other factors why GTEC should trade a lot higher than CPHI:
Cash
GTEC = $17.5 Million.
CPHI = $2.4 Million.
Sales
GTEC = $76 Million.
CPHI = $28 Million.
Growth Rate
GTEC = 187%
CPHI = 116%
Earnings Growth
GTEC = 748%
CPHI = 82%
GTEC beats CPHI hands down in every category; GTEC has tons more Cash, is 3x larger than CPHI, is growing faster in both sales and especially earnings. In addition, GTEC owns other companies like Golden Horse, Lotus and others.
GTEC may never get to an AOB valuation until GTEC joins a major exchange, but based on all the numbers above, GTEC should be trading at a substantially higher valuation than CPHI right now!
Just how much higher we can discuss later, but let's just say GTEC should be trading at at least CPHI's valuation or in other words GTEC should be trading at 68 cents right now.
5 day 5 min. chart on GTEC = BOTTOMED at .25
Might keep it in mind.
GTEC looks like it's stabelized/ready for next leg?
1 minute chart today looks like that's the story.
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21450012
(dated 7/22)
WWMU.OB has yet to be discovered.
Also think GTEC looks like it's trying to put in a bottom today after it's recent run.
lol- i just sold SNEN today.
100% gain from $2.21 a few months back.
Try mailing them: Info@chinanuvosolar.com
This is what you get:
"This Message was undeliverable due to the following reason:
Each of the following recipients was rejected by a remote mail server.
The reasons given by the server are included to help you determine why
each recipient was rejected.
Recipient: <info@chinanuvosolar.com>
Reason: 5.1.1 <info@chinanuvosolar.com>... User unknown'
DON'T BUY THIS SCAM!!!!!!!!!!!!!!!!!!!!!!!!!!
Just found this interview with WWMU.OB CEO Jimmy wang.
He talks about a $1M contract they won last month. For this tiny company, that's huge. It has not been announced in any pr yet that I can find.
http://www.redchip.com/visibility/investor.asp?symbol=WWMU&daily=20070906&from=wwmuhomeradio...
That's why I like WWMU.OB. PE 9 on .71/share income for 2008
http://www.wwmusa.com/media/beacon07.pdf
WWMU.OB: No debt, PE 9, $1 cash/share
Looks like a good value here. Float only 300k (!) so expect volatility. If it starts to move, it will move FAST with that float.
Research Report- projects income of .71/share next year:
http://www.wwmusa.com/media/beacon07.pdf
Nice find here. WWMU made .56/share ttm and trades under $7?
That sp won't last much longer IMO.
Here is link to free research report. It will be emailed immediately from autoresponder. It's a good read and explains why they believe this stock will be in double digits soon.
http://www.redchip.com/visibility/about.asp?page=requestWWMU_initial
still projected to make .60 in 2007 though.
They also have another Chinese acquisition projected to close in November according to redchip report.
looks like WWMU might be waking up here?
Another fluff pr put today. Email still does not work.
They don't return numerous calls, TheChinaBull.com never sent me their "research report" on CNUV, and CNUV never announced the pilot production that was supposed to be announced "within 30 days".
It's now well past 30 days and all they do is put out another meaningless fluff pr.
There is a four letter word for China Nuvo Solar:
SCAM!
Then it looks like the China rally has legs!
nice list.
CHSH really looked like it put in a bottom today on that volume. The pr they put out today was stupid- provided no real news.
But I can't stop thinking about what they website says:
"China Shoe Holdings Inc. has a backlog of over 10.000.000 pairs of shoes, or about 47 million US dollars in future sales."
Since revenue for Q2 was just $2M, it looks like they're going to ramp up big in sales to get to $47M over next 12 months...if what they claim on their website and in their prs is accurate.
To raise capital for expansion I guess?
They seem to have plans for retail and franchise stores.
Worth a speculative small position for me anyway.
CHSH at .20 bottom. Check out their website.
"China Shoe Holdings Inc. has a backlog of over 10.000.000 pairs of shoes, or about 47 million US dollars in future sales."
http://www.chinashoeholdings.com/sale.htm