Banking $$$$$$
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The street is starting to notice. Expect More to wake up next week as Road show starts. Carpe Diem BOB!
Thank you Bcon!
Institutions will be coming, per cc shortly.
To me that means there must be a road show starting soon. -^-
Around 50.9 O/S and ONLY around 8 mil public float !
And some real stupid shorts, this can get fun rather quickly, as the rate of revenue growth keeps ramping up. Thats my guess from all i have gathered.
With a real favorable share structure and small float, while increasing revenues, its only a matter of time before they flock to this one.
Yes it will be confirmation, the ma 50 is also about to be broken, there it goes.
Chart is starting to develop a very bullish cup and handle.
Investors profile coming soon, the company has stated at recent conference call that they plan to get there tremendous growth story. I expect this to start this month, and with so much cash on the sidelines, now the bottom is in for the market. Investors will flock to growth stocks like RCH.
http://www.caebuilding.com/InvestorRelations/InvestorProfile/tabid/190/Default.aspx
Hi saw you created this board, i expect Shanghai index to rebound in a big way should be good for all china stocks.
thanks for starting the board. You follow Cbak?
Basing here now for next leg up.
Watch Cbak here for a swing
all eyes on Cbak
for breakout
I took some off, technicals suggesting dip. You are right about this fickle market.
Thanks RiG, CBAK cheap here wont be too much longer
FWIW, expect some news should see a nice move next week.
Yeah chart looks like its turning up here, business looks promising.
excellent!
well I like RCH, think it will be one of the biggest gainers and biggest growth stock for the coming years, but also good for short term 1-2 month swing as uptrend will start soon into earnings 5 weeks or so.
So please i have posted some dd on the board over there.
I will try to contribute some good short term plays, last few weeks I called Csun out in the low 7s and been messing with the solars.
Speckies The Chinese markets finished up 3% tonight should bode well for all china stocks. The shanghai is down over 45%, so you know now that the bottom is in, China stocks again will be the best place to park money in 2008.
Come say hi on my board, Its a undiscovered growth stock about to be discovered.
cheers man
OMG frenchee you are here too, your everywhere man.
Needs to gap and that 67.5 needs to get smashed, its got to move in the morning, break that top band and at least test 67.5 or i think it will meander back down to 60 area again. Will see at the open.
good luck everyone
China Architectural Engineering Announces New Projects Worth $50 Million in Dubai
March 18th
China Architectural Engineering Announces New Projects Worth $50 Million in Dubai
China Architectural Engineering, Inc. (CAE) (AMEX: RCH), a leader in the design, engineering, fabrication and installation of high-end curtain wall systems, today announced that it has signed a contract worth approximately $50 million to build external envelopes for stations on the Red Line of the Dubai Metro System. The Company also announced that it expects to be awarded contracts in the range of $80-$100 million for auxiliary structures on the same transit line.
Under the signed contract, CAE will design, engineer, fabricate and install external envelopes for 8 out of 23 Red Line stations. Under the pending contract, it will build external envelopes, including entranceways, walkways, bridges and parking lots, for associated facilities of the Red Line, including passenger walkways and bridges. When completed, the Dubai Metro system will be the longest fully automated rail system in the world. The Red Line is the first of the system’s four lines.
Work on both Dubai projects is expected to be finished by the second quarter of 2009. Revenue from them will be recognized in the last three quarters of 2008 and the first two quarters of 2009.
China Architectural Engineering Chairman and CEO Ken Y. Luo commented, “The Dubai Metro project promises to be our largest effort yet outside China, with potential revenue far beyond that of the initial contract. As a major step forward in CAE’s Middle East expansion strategy; it will serve as an announcement of CAE’s arrival in one of the largest construction markets in the world. Also, this project is only for the first stage of the Dubai Metro System. CAE has a long-term commitment to the Middle East and foresees significant future demand for construction projects from Dubai and other cities and countries in this region. We are in the process of setting up a subsidiary in Dubai this year to capture this significant demand.”
The Dubai Metro project is the flagship project of the RTA (Road and Transport Authority – Dubai) with investments for the first phase alone totaling over $4.2 billion. It will be the first system of its kind in the Middle East. The goals of the Dubai Metro System are to provide an alternative mode of transport to ease congestion, save traveling time and reduce pollution; thereby improving environmental quality and mobility within the city in order to accommodate Dubai’s rapid growth. The Dubai Metro System utilizes state-of-the-art technology and engineering expertise. Its visibility throughout the city also will make a prominent architectural showpiece.
To be added to China Architectural Engineering’s investor lists, please contact Haris Tajyar at htajyar@irintl.com or at 818-382-9702.
About China Architectural Engineering, Inc.
China Architectural Engineering, Inc. (AMEX: RCH), which began operations in 1992, has maintained a leading position in the global commercial construction industry by providing timely, high-quality, reliable, fully integrated & cost-effective service solutions to our clients utilizing specialized technical expertise in the design, engineering, fabrication and construction of structural exterior cladding systems. We specialize in high-end curtain wall systems (including glass, stone & metal curtain walls), roofing systems, steel construction systems, eco-energy saving building conservation systems and related products, for public works and commercial real estate projects.
CAE has worked with many world renowned architects and building engineers from China and other countries and has completed nearly one hundred large, complex and unique projects throughout China, Australia & Southeast Asia, including numerous award-winning landmark buildings in many of Asia’s major cities, such as the National Grand Theater in Beijing, the Meridian Gate Exhibition Hall of the Palace Museum in Beijing’s Forbidden City (won the 2005 UNESCO Jury Commendation for Innovation of Asia-Pacific Heritage Award),the Beijing Botanical Garden Conservatory (won the highest prize in the Chinese construction industry, the Zhan Tian You award in 2003), the Shenzhen Airport Terminal Building, the Shanghai South Railway Station (the first station of its kind in the world featuring a circular roofing design) and the Vietnam National Conference Center (hosted 2006 APEC).
Notable projects in progress in China and abroad include the renovation and the new extension of the National Museum in Beijing (will be the largest and one of the finest in the world), the Guangzhou Opera House, The Hangzhou International Conference Center, the Dubai Metro System (the first of its kind in the Middle East), and a high-rise office building in Doha, Qatar (which will host the Qatar Department of Commerce).
CAE is dedicated to the research and development of new high-end building technologies. Our Chairman, CEO and COO, Mr. Ken Luo Yi, owns 54 patents which are widely used in building design and construction. He was honored as one of the “Ten Great Leaders in Technology” in China and has published numerous books and articles.
With the experience and trust we have gained working with world-renowned architects and construction experts on complex projects in the past 15+ years, we are now looking to capitalize on our industry-leading expertise to aggressively expand beyond China, into some of the hottest construction markets in the world, such as Middle East, Central Asia & Eastern Europe. We also plan to set up operations in New York to expand in the US and Canadian markets. For further information on China Architectural Engineering please visit www.caebuilding.com.
Forward Looking Statements: In addition to historical information, the statements set forth above include forward-looking statements that may involve risk and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such risks and uncertainties include, but are not limited to, uncertainty of contract negotiations and payments under existing contracts, the Company’s dependence on government contracts, changes in the laws of the PRC that affect the Company’s operations, fluctuation and unpredictability of costs related to the Company’s products and services, the Company’s dependence on the steel and aluminum markets, reduction or reversal of the Company’s recorded revenue or profits due to “percentage of completion” method of accounting and expenses and costs associated with the issuance of convertible bonds. The forward-looking statements are also identified through use of the words “believe,” “enable,” “may,” “will,” “could,” “intends,” “estimate,” “anticipate,” “plan,” “predict,” “probable,” “potential,” “possible,” “should,” “continue,” and other words of similar meaning. Actual results could differ materially from the expectations contained in forward-looking statements as a result of several factors, including regulatory approval requirements and competitive conditions. These and other factors that may result in differences are discussed in greater detail in the Company’s reports and other filings with the Securities and Exchange Commission.
MULTIMEDIA AVAILABLE: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=5637134
Investor Relations Intl
Haris Tajyar, Managing Partner
818-382-9702
htajyar@irintl.com
http://www.stockjunction.com/modules.php?name=News&file=article&sid=16466&mode=thread&order=0&thold=0
“The Dubai Metro project promises to be our largest effort yet outside China, with potential revenue far beyond that of the initial contract. "
Very important statement, the total revenues stated since the first back log pr of 106 mil is nearly 160 mil now, and the first quarter has not even ended. Another 100 mil would really make this one of the best fundamental growth stocks in the market
China Architectural Engineering Chairman and CEO Ken Y. Luo commented, “The Dubai Metro project promises to be our largest effort yet outside China, with potential revenue far beyond that of the initial contract. As a major step forward in CAE’s Middle East expansion strategy; it will serve as an announcement of CAE’s arrival in one of the largest construction markets in the world. Also, this project is only for the first stage of the Dubai Metro System. CAE has a long-term commitment to the Middle East and foresees significant future demand for construction projects from Dubai and other cities and countries in this region. We are in the process of setting up a subsidiary in Dubai this year to capture this significant demand.”
Great looking board that picture on top of the Cove is breathtaking.
Nice charts and seems like some sensible discourse, count me in bookmark added.
13.87 is the magic number once if the stock breaks those levels it will shoot up to 20 very quickly.
Technicals about to cross and generate technical buy signals.
Ratz I got stopped out, can't win them all i guess.
I Will keep it on watch, to see if it can close doji and confirm friday. Best to keep losses small, even if i get shaken out every once in a while. I was planning it as a 1-3 trade, so i have learn ed best to stick with your plan.
anyway goodnight all
Do not fear i will be here.
company with earnings' growth at a fairly rapid rate that is anticipated to continue to grow at high levels.
if it looks like a eagle, screams like a eagle, its probably a eagle.
RIG- watch Mo new spin off
Altria should be good for the day here and into friday at least
using .10 stop
Picked up some Mo here, for a trade 22.20 expect a move by eod.
Thanks for the welcome $oldier hard for the welcome. Unfortunately i dont have premium service. I was hoping if i brought the community a bunch of nice picks, some kind soul would gift me.
Thanks again
keep a eye on seed for 1-2 week swing, chart is giving me early confirmation of a reversal.
Frenchee nice day today 8.15 new support are you having fun?
Rig- Seed should be good for a continued swing.
You forgot my Csun tip at 7.30, support is now 8.15 there
Mcmike Seed expect 6-7 this week and more next, Expect News.
Seed should head 6-7 this week maybe more next week.
see chart, expect positive news.
Rig- Watch Seed for a great swing next 1-2 weeks
enjoy the pasta
Spark you see Csun ? -=)-
Hope you guys saw this CSUN
I expect a concerted effort in the near term .(per conference cal) to reach out to institutional investors, accredited and non accredited investors, and the analyst community.
She has the street credibility and with continued performance RCH should get many dates to the prom. -^-
I know there like fine pieces of artwork, sell the Van Gogh and buy a master piece you can live in. -^-
Yes kemahjoe, new CFO, Geffner, has some great credentials.
"Ms. Geffner replaces Wang Xin, who has assumed the position of Financial Controller for the China region within the Company, and comes to CAE from HSBC, one of the largest banking and financial services organizations in the world, where she headed the China Desk in the Americas region.
Ms. Geffner has extensive investment and commercial banking experience covering a variety of sectors and has advised companies in Mainland China and the Americas region on M&A, raising capital, and other financing activities. She has worked with many large and small companies from both China and the Americas region to develop cross-border businesses in and out of China.
She is frequently invited to speak on a variety of China issues at conferences and events sponsored by the U.S. Department of Commerce, International Financial Services Association (IFSA), Bankers’ Association for Finance & Trade (BAFT), Invest Hong Kong, China Institute and other organizations in Argentina, Brazil, Chile, Peru and the U.S. Her interviews on China-Americas business topics have appeared in leading newspapers and magazines in those countries. She joined the Board of the Hong Kong Association of New York in 2007.
Prior to HSBC, Ms. Geffner also held positions at Dresdner Kleinwort Wasserstein and Calyon. She graduated Summa Cum Laude with a BBA from Baruch College and received an MBA from New York University’s Stern School of Business. She also holds a CFA charter. A native of Mainland China, she is fluent in both Mandarin and Cantonese Chinese."