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Is it soup yet???
Go HCPC
I think it will hit .02
CJGH up 43% in opening minutes!!!!!!!!!!!!!
CJGH up 33% in opening minute!!!!!!!!!!!!
pre market trades......likey
Hey Red,
What do you think of CJGH this morning???
Anybody like CJGH this morning?? Very nice afterhours PR yesterday on top of considerable accumulation.
I think CJGH is going to be superhot!!!!!!
Anybody looking at CJGH??? - afterhours PR
China Jiangsu Golden Horse Steel Ball Reports Record Q1 Revenues
XUYI, JIANGSU, CHINA, Jun 11, 2008 (MARKET WIRE via COMTEX) -- 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 public to visit our website at www.goldenhorsesteel.com.
About Us:
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
Hey Penny_TA,
What do you think about CJGH?
Great after hours PR, looks to be accumulating, some indicators have turned upward. Any comments??
This thing is looking like krakatoa.......ready to blow.
Billy,
These guys are very good chartist and I value their insight.
I noticed you just go around trying to start arguments and be contrary........................Is life that bad????
How about CJGH, Great afterhours PR, plus being heavily accumulated..........what do the chart masters think?????
GRMU, CJGH-(this was the after hours PR)
China Jiangsu Golden Horse Steel Ball Reports Record Q1 Revenues
XUYI, JIANGSU, CHINA, Jun 11, 2008 (MARKET WIRE via COMTEX) -- 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 public to visit our website at www.goldenhorsesteel.com.
Sort of like being "The widows son". The brother hood is everywhere and shows much compassion. LOL
I would bet my life you will lose everything on this.
Really!..........your life?????
Better to die a pennyless old man than a young millionaire.
I am going to ride the GRMU horse again.
closed at .001, should be able to get to atleast .0013 tomorrow if not .0015. Much more on PR!!!!
CJGH for tomorrow 6/11
Low float-Float: 7,510,000 as of Dec 7, 2007
Shares trades 6/10: 1,885,025
Company News- June 4, 2008: Golden Horse Steel Ball Announces Reporting Date for First Quarter 2008 Financial Results
China Jiangsu Golden Horse Steel Ball, Inc. (PINKSHEETS: CJGH) ("Golden Horse" or "the Company"), a leading Chinese manufacturer and supplier of ball bearings, yesterday announced the Company will report its consolidated financial results for the first quarter ended March 31, 2008 on Wednesday, June 11 after the market close.
Someone's annotated chart:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29918733
Get your popcorn ready!!!!
you got me there, LOL. You ever think about adding a sexy pic as your sig pic. That way you will have the same attraction as Playboy magazine.......no read, look at pics.
It took you 749 posts to say that?????????????
Thanks, I appreciate the updates...........keepem' coming
I love the sound of that statement!!!
POP goes the weasel on GRMU, up 30.77% so far and could go higher.
BTW - the weasel is Eddy the CEO, LOL
I think you pretty much nailed it!!!
I want to throw SIVC in on my POP list. I think it still has atleast a 30% gain in it. Yesterdays candle looks good!
I think GRMU will POP again today.
Many shares trades above .002, before it was walked down by the MM's (maybe) to .0013.
I think that GRMU could see .002 before the MM's walk it down some more.
If any PR is released it may run past .003, which seems to be the big resistance.
True, I never go scuba diving with my sundial. LOL
You would have to know a little something about lunar and celestial movement and ovbservation, but it is possible.
I use a sundial.
The sun is never wrong.
I'll choose "or something"!
OTCPicks.com: OTCPicks.com Daily Market Movers Digest Midday Report for Monday, June 9th USSU, NXPC, ZVUE, GOFH, SOIS, GRMU
Jun 09, 2008 (M2 PRESSWIRE via COMTEX) -- Our Stocks to Watch today include USA Superior Energy Holdings Inc. (OTCBB: USSU), NeXplore Corp. (OTC: NXPC), ZVUE Corp. (NASD: ZVUE), GoFish Corp. (OTCBB: GOFH), Striker Oil & Gas Inc. (OTCBB: SOIS), GREM USA Inc. (OTC BB: GRMU)
Visit http://www.otcpicks.com to register for our Daily Market Mover's Digest Newsletter and Email Stock Watch Alerts.
We will suck until we succeed, LOL
GRMU board #2 today!!
If we can bust through the .003's this will take off!!!IMO
OTCPicks.com: OTCPicks.com Stocks to Watch for Monday, June 9th GRMU, RUNU, PDGT
Jun 09, 2008 (M2 PRESSWIRE via COMTEX) -- Our Stocks to Watch tomorrow include GREM USA (OTC BB: GRMU), Rudy Nutrition Inc. (OTC: RUNU), Paradigm Tactical Products Inc. (OTC: PDGT)
Visit http://www.otcpicks.com to register for our Daily Market Mover's Digest Newsletter, and Email Stock Watch Alerts.
GREM USA (OTCBB: GRMU) "Up 260.00% on Friday"
Detailed Quote: http://www.otcpicks.com/quotes/GRMU.php
InvestSource Inc.: GREM USA Commences Introductory Merger Talks With Top-Tier Guitar Manufacturer
Jun 09, 2008 (M2 PRESSWIRE via COMTEX) -- Stocks in the News: GREM USA (OTCBB: GRMU), United Airlines (NasdaqGS: UAUA), American Superconductor Corporation (NASDAQ: AMSC), Chesapeake Energy Corporation (NYSE:CHK), Oilsands Quest Inc. (Amex: BQI), and Trina Solar Limited (NYSE: TSL)
GRMU up 61% and climbing
GRMU on a roll, up 38.9% this morning, maybe getting ready to blow!!
GRMU up 33% this morning, claiming my POP POP POP!!!!