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http://www.fdi-hn.gov.cn/english/news/2004/2/20/1077239045140.shtml
Fonterra Co-operative Group Ltd, a New Zealand-based multinational dairy company, is expected to buy nearly 39 per cent of Chinese dairy producer Shijiazhuang Sanlu Group Co Ltd, suggest industry insiders.
Many multinational companies are trying to re-enter the fast-developing Chinese milk market ?through mergers and acquisitions (M&As) ?after having backed away from the market due to poor business, the insider told China Business Weekly.
The insider, a leading expert in the sector, refused to be named.
Last November, Danone Asia Pte Ltd, a subsidiary of French food giant Groupe Danone, paid Shanghai's municipal government 121.03 million yuan (US$14.59 million) for 3.58-per-cent stake in Bright Dairy & Food Co.
The deal increased Danone's holding in the dairy to 7.7 per cent. Danone becomes the firm's third-largest shareholder.
Sanlu is negotiating with Fonterra, a public relations executive told China Business Weekly.
Discussions, the source said, are in the initial stage.
Fonterra's efforts to secure a stake in Sanlu is part of a long-term investment initiative, company Chief Executive Officer Andrew Ferrier was quoted as saying on Fonterra's website.
"We have a good track record in the (Chinese) market, and we have achieved good sales,?Ferrier said.
"So, our experience gives us confidence we can achieve long-term growth through the Sanlu investment, if we are successful in our negotiations.?
Sanlu is based in North China's Hebei Province.
It is presently unclear if a a joint venture will be established by Fonterra and Sanlu, or if Fonterra will invest directly into the Chinese firm.
Insiders predict the co-operation between Fonterra and Sanlu will mainly involve liquid milk rather than milk powder.
Several international companies have established joint ventures with Chinese milk powder producers, but few have created joint ventures to produce liquid milk.
The world's top 20 milk brands had entered China's market by the end of 2002, indicates the Dairy Association of China (DAC).
Many have performed well while producing and selling milk powder, but few have done well producing and marketing milk, even though the sector has grown rapidly in recent years.
During the first 11 months of last year, China's milk industry's production value was 45.66 billion yuan (US$5.5 billion). Profits rose to a combined 2.79 billion yuan (US$336.9 million), up 51.89 per cent year-on-year.
Yet, foreign dairy firms have retreated from China's burgeoning market.
Before Parmalat, the Italian food firm, filed for bankruptcy last December, the company's China branch transferred control of its joint venture in Nanjing to its local partner.
Parmalat also leased its outlet in Northeast China's Heilongjiang Province to Yili Group, China's leading dairy producer.
When foreign dairy firms entered China in the mid-1990s, the country's milk consumption was just beginning to take off.
Those firms had a tough time promoting in China the benefits of drinking milk, said Dou Ming, director of the editing department of China Dairy Yearbook.
Some firms, such as Parmalat and Kraft, which were not familiar with China's market, decided to sell their products at higher prices to attract high-end consumers.
That benefited domestic milk producers, such as Yili, Bright, Sanyuan and Sanlu, to rapidly expand their shares of the market.
These domestic players have their own dairy farms, which guarantee them stable milk supplies. In comparison, few multinational dairy companies, with the exception of Nestle, established dairy farms in China.
Even Nestle, which helped Shuangcheng, in Northeast China's Heilongjiang Province, become China's largest dairy-raising county, did not pour its money into dairy farm infrastructure.
Increased milk consumption in China resulted in an undersupply of fresh milk. Foreign milk producers, because they did not have their own dairy farms, could not guarantee stable supplies of fresh milk.
Jin Biao, a senior official with Yili Group, said high operation costs of many foreign milk producers also contributed to some firms dwindling shares of the market.
"The industry's profit margin is quite thin, while the salaries of foreign general managers (of foreign dairy companies) compose half of the profits,?Jin said.
But foreign milk producers did not necessarily fail in China's market, Jin and Dou suggested.
The market value of a major international milk and food company might be higher than the total production value of China's milk industry, and, with huge capital, foreign players can easily return to the Chinese market, Dou said.
For example, Fonterra earned NZ$5.6 billion (US$3.86 billion) in sales revenues for the six months ended November 30. That was more than half of the production value of China's milk industry last year.
In comparison, Sanlu earned 2.36 billion yuan (US$284.67 million) in sales revenues in 2001.
International dairy producers might choose not to build infrastructure, such as dairy farms, as they re-enter China's market.
"They can seek re-entry through the capital market. The increasing foreign shares in Chinese milk companies is an example,?Dou said.
By investing in Chinese milk firms, they can avoid the difficult problem of developing dairy farms, which can take several years.
Besides Fonterra and Danone, Morgan Stanley, CGU-CDC China Capital Partners Ltd and Dinghui Investment have invested a combined US$26 million in Inner Mongolia-based Mengniu Dairy in late 2002.
Those firms hold a 33-per-cent stake in Mengniu.
Mengniu, which has grown more than 1,000 per cent in recent years, has been the fastest growing player in China's milk industry.
Source:Invest In Henan
How much is 30% buy back ?
Estimated Float is 365,000,000 shares
30% will be 100 million ! Reeel ?
read the news
The issuer reminds its followers that the majority of these shares and the share increase will be or are being issued as restricted shares (non tradable) shares and this should not impact the float for some time yet to come.
In an effort to demonstrate confidence to the markets, the issuer intends to reduce the estimated float (shares currently in the circulation free trading) share buy back by as much as 30.125% in the fiscal 2008 year.
They know exactly
that all "i say all !" Fonds are have regulary, so they can never invest in an stock of an Firm that have no proofen financials !
They say before 2.5 month
"It is our understanding that this is the first step needed towards obtaining any serious financing"
first step ! first step after 10 others or what ?
The big investor market will give them time time time but they dont use it to let proof ther financials !
Thats exactly the Problem
look at this !
but until now nothing happened with AF's.
Why ???????? is thees such a big problem to get audited ?
Good Life China (GLCC) To Prepare Audits
BEIJING, China, June 24, 2008 /PRNewswire-FirstCall via COMTEX/ -- www.goodlifechina.com PINKSHEETS: GLCC.PK is pleased to announce that the company board has unanimously passed a resolution to move forward with preparing the audited financial statements. Mr. Yang, a company spokesperson, said, "Late last night we advised our corporate advisors that GLCC will begin the task of preparing audited statements. We have a number of USA and UK based corporate and accredited investors who have stepped up to the plate and expressed their serious intentions to fund GLCC to the tune of 10 to 20 million dollars for future expansions. It is our understanding that this is the first step needed towards obtaining any serious financing, then moving on to becoming an SEC reporting issuer and onwards to a higher exchange. The issuer is also considering the possibility of (once the audits are completed, filed, and approved) of spinning out some of its divisions - i.e the IT and or North American divisions - while the main asset based operating entity moves on with its aspirations of a higher exchange. Obviously our shareholders would be issued a new block of stock and be shareholders in both entities, moving forward. No pay date or a decision has been made on this, as of yet. At this point the GLCC management focus will be on getting the audited statements completed and filed so to begin the process of further advancement."
The common shares of the Company are currently listed in the USA Pink Sheets (symbol GLCC.PK) and the Frankfurt Stock Exchange (Xe:L9X) The issuer is in good standings with Pink Sheets and ranked as a "Current Information" filer with its security.
CONTACT: www.minamargroup.com/helpdesk
Safe Harbour Statement
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
SOURCE Good Life China Corporation
www.prnewswire.com
simply unbelievable !!!
Merger wit an Agriculture Company is ++++
Merger with an Coal Agriculture Company is ++++++++
Look at the Coal Price and China !!
Guys if this is/get's real $$$$$ MACE AN NOTICE OF THIS !
http://xssmtw.en.china.cn
NEW LANDSCAPE AGRICULTURE CO. LTD is located in the east of Fujian of China. It is a leading agricultural enterprise specialized in bamboo & wooden charcoal and bamboo products. Our company was founded in 1999. After effort of all the staff, we have developed and invented 11 series of products, including bamboo and wooden charcoal, bamboo skewers for BBQ, bamboo and wood handicrafts, bamboo vinegar, charcoal tea- an organically grown tea and heath care charcoal products. Our procucts have found a good sale in Japan, Korea, Tai wang and other countries and areas of south-east Asia. Both our products and service have been highly praised by the consumers. We hope to cooperate sincerely with professional importers from Europe and America to open up the big market of the bamboo and wooden charcoal industry together. Company ProfileBasic Information
Company Name: NEW LANDSCAPE AGRICULTURE CO.,LTD
Business Type: Manufacturer
Product/Service: charcoal for bbq;grills for bbq;bamboo&rattan furniture;bamboo charcoal;plant growth regulator;
Number of Employees: 11 - 50 People
Registered Address: FUZHOU FUJIAN
Company Website URL: --Ownership & Capital
Year Established: 1998-11-1
Legal Representative/Business Owner: TANG KAITrade & Market
Main Markets: Worldwide
Main Customer(s): --
Total Annual Sales Volume: US$5 Million - US$10 Million
http://seekingalpha.com/article/71590-china-s-agriculture-sector-is-ripe-for-investment
Agriculture has been one of the hottest industries for an investor to be in. However, a majority of the market has already had significant gains. And although I do have positions in the large agriculture companies; as a value investor, I feel somewhat uncomfortable buying into companies that have already had tremendous returns.
I’m still very bullish on agriculture, and I’ve been trying to find value plays, particularly in China’s emerging market. In this article, I will introduce a few of the companies that I’m interested in and high-level rationale behind why they might be good investments in the coming months. But first, let us explore the agricultural landscape in China.
The Chinese Agricultural Landscape
China has 1.3 billion people with over 900 million living in rural areas, contributing to tremendous amount of consumption. The agricultural sector accounts for approximately 13% of China’s GDP growing approximately 8% annually. Arable land in China is less than 1ha per household versus 100ha in the US. The Chinese agricultural technology is slowly improving, but the production efficiency continues to lag behind western countries. With decreasing supply of soybeans, corn and wheat and increasing demand, China has changed from being a net exporter to being a net importer of major agricultural crops. The government heavily supports the agriculture sector with year on year increases in financial support.
Why Invest In Chinese Agriculture?
Chinese agricultural companies are protected by the government and foreign competition is heavily regulated
Recent droughts have made have contributed supply shortage which has driven prices upward
Emerging markets can be thought of as a hedge against domestic agricultural markets, particularly when the domestic markets weak
Consumption has increased across the board for all commodities; this will continue as more Chinese people move out of rural areas into urban settings
Top Pick #1: AgFeed Industries (FEED) – High-Level Overview
Based out of Nan Chang City, AgFeed sells premixed food for livestock, particularly hogs
China is the largest pig and pork production country in the world as pork makes up almost two thirds of meat consumed in China
98% of pork produced in China is consumed domestically and 80% of Chinese people consume pork as their primary meat
China raised over 530 million hogs in 2006, compared with 100 million in the US for the same year.
The increasing supply of Pork is not offsetting the outrageous growth in pork prices, as the price of pork has gone up by 29% over the past year, and the price of live pigs gone up by 71%
AgFeed’s total output amounted to 53,000 metric tones, with pre-mix sales accounting for approximately 85% of revenues. Premix is important because it accelerates the growth of hogs from over two years to as little as several months
The company sells its feed products through 550 wholesale distributors and 630 retail stores across the country
In addition to feed revenue, AgFeed also raises its own hogs and is benefiting from the current TAX-FREE environment due to the blue ear disease
The company recently gained license for export to the Hong Kong market
Revenues increased by 321% in 2007 versus 2006
Net income increased by 467% in 2007 versus 2006
Total feed in metric tones increased by 225% in 2007 versus 2006
Top Pick #2: Agria Corp (GRO) – High-Level Overview
Agria is involved in the research & development, production and sale of corn seeds (50%), sheep breeding products (40%) and seedling products (10%)
Agria sells its products to local and regional distributors
Agria has access to 27,000 acres of farmland, of which 23,000 acres are used for producing corn seeds
Besides producing seeds and seedlings, Agria also owns 17,000 sheep
Revenues likely to increase by 5-10% in 2007 versus 2006
Gross margin of 58% versus industry gross margin of 31%
P/E of 14.8 versus industry P/E of 20
Although I will not discuss further in detail, other potential plays in the Chinese agriculture sector may include Origin Agritech Ltd. (SEED), and China Organic Agriculture (CNOA.OB).
Throughout this article, I have offered my high-level thoughts on China’s agriculture sector in and a general overview of some of the companies that I’m interested in.
Based on what I’ve seen so far, agriculture, like many commodities, is here to stay. The high prices are well justified by economic fundamentals, unlike other price bubbles we’ve seen in the past. This sector will continue to benefit from the increasing global demand. Prices will continue to rise, and I think every investor needs to attribute a good percentage of their portfolio to this sector.
Disclosure: Author has a long position in FEED.
Good Life China (GLCC) Completes Advertising Production
BEIJING, Aug 29, 2008 /PRNewswire-FirstCall via COMTEX/ -- Good Life China Corporation (GLCC) www.goodlifechina.com is pleased to announce that it has finished production on a multi-media advertising campaign that will include TV, and online rich media. These ads will shortly begin to air on Bloomberg, ESPN, CNN, Fox News, and Bravo to name a few networks.
The Company plans to make excerpts of these campaigns available on its corporate website - www.goodlifechina.com - over the upcoming long Labor Day weekend.
In other corporate news, while the North American markets will be closed on Monday for the Labor Day weekend, our Chinese offices remain open with business as usual. We have been advised by one of our previously announced business partners and affiliates that they may make some very positive business announcements on Monday, September 1, 2008 which involves Good Life China Corp. The company will make every effort to provide greater details in advance of U.S. markets re-opening on Tuesday, September 2, 2008.
Finally, the Company has received further interest from an agriculture targeted acquisition company who is seeking to further broaden their position within GLCC. Ms. Doi Mai Jia the company CEO, together with the company's board and its corporate advisors, together with the agriculture company representatives will be reviewing these various options over the long weekend. The company is desirous to explore options that may be mutually beneficial to itself and its shareholders.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
corporate@goodlifechina.com
CONTACT: corporate@goodlifechina.com
SOURCE Good Life China Corporation
www.prnewswire.com
Copyright (C) 2008 PR Newswire. All rights reserved
-0-
INDUSTRY KEYWORD: OTC
SUBJECT CODE: MRK
ZHA
PDT
http://pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=16835
Cede & Co = Nominee name for The Depository Trust Company, a large clearing house that holds shares in its name for banks, brokers and institutions in order to expedite the sale and transfer of stock.
The People Home Chain ???
TPH line of business is mainly in the distribution of non durable goods of consumer product lines. Since its establishment in 2004 TPH has been mainly profitable, with a total of 625 operating stores providing low cost, and quality products. In Shijiazhuang community, TPH has good reputation, where TPH has maintained a strong presence.
Nice Firm with 625 Stores and without an Homepage
Post Unavailable
Additional Information
Atmbusiness and Cash Now also ?
http://atmbusiness.com/contact.html
http://www.loanconsultant.com/contact.html
Why have Monylending and Emerald the same Number ?
http://www.moneylendingbusiness.com/contact.html
North America Contact Info Tel / email:
Local Line Direct Dial 1-416-915-7565
TOLL FREE 1-888-224-9641
http://bayernindustries.net/Corporate_History.html
Canada:
157 Adelaide Street West
Suite #710
TorontoOntario
M5H 4E7
Canada
Toll Free:1-888-224-9641
Local Line:1-416-915-7565
Emerald Capital Group Corp is a European or UK Company ?
And is ENG Group Corp an European buy-out ?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=31603603
http://bayernindustries.net/Corporate_History.html
http://pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=16624
In August 2007 the company retained the consulting services of IFGX and began it’s quest to obtain a listing on the Frankfurt Germany exchange. In September 2007 Emerald filed the prospectus in Germany and obtained the dual listing on the Frankfurt Exchange. In addition, Emerald also retained IFGX consulting services for other matters relating to it’s FrankfurtGermany launch.
Emerald is currently exploring the possibility of obtaining a dual listing on the OTCBB and bringing it’s filings to date to be a fully reporting issuer again. It is the managements understanding that the MMOD symbol will be decommissioned after a new symbol is obtained.
Share Structure:
Authorized 250,000,000
Outstanding 62,740,000
Float 25,400,000
Beneficial Ownership (greater then 5%)
Roytor & Co
IFGX
Hugo Rubio
Consulting Firm
IFGX
Europe:
Suite #10
First Floor
Central Chambers The Broadway
Ealing London
W52N6
UK, Europe
Tel.: ++44 (0) 207 851 4577
Canada:
157 Adelaide Street West
Suite #710
TorontoOntario
M5H 4E7
Canada
Toll Free:1-888-224-9641
Local Line:1-416-915-7565
Corporate Milestones
October 2007 Company secures a position in Termawood
September 2006 Company obtains listing on the Frankfurt Exchange
August, 2007 name change from Multimod Investments Inc to Emerald Capital Group Inc.
November 2006 Emerald obtains interest Tango Café.
May 2006 Company obtains interest in Bayern Industries.
December 2005 Company obtains interest in Argentinean Olive Producing Subsidiary
September 2005 Company obtains interest in Organic Farming.
THE FUTURE
Currently Emerald is exploring the possibility of an acquisition of a China salt mine operations with substantial revenue and operations through its consultant firm.
anybody here ?
up listing too OTCBB
The company is confident that it should be in a position to resolve,
and settle the outstanding North American contract which should pave the way for Eng America buyout. GLCC representatives have also met with WMNT management this past weekend, and the company has been advised the up listing or merger with WMNT on the OTCBB Exchange remains an option pending the outcome with Eng America.
Is this the UK based Fund !
http://www.reversemerger.com/
CapitanD2u you are an visionary !?
A NEWS 'BLITZ', COMMING RIGHT UP!! TO YOUR AREA TOOO SOOOOON!
For me it's still clear that they dont understand how importand proofen financials ar in the investmnetarea
Look at this !
http://pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=15764
what happened with this 225 million restricted shares for 10 million $ an audited financials ?
The same record stands on the 1Q report of 31 March site 7 Note 1
Do you see mrs Dongmei Jia on the pictures ?
Is ist possible to look for the actual summe of shares in float and outstanding for today ?
It's crazy EL'Young become more money for a winning beachvolleyball match as her sponsor are completly has worth in marketcap
SO wenn GLCC american Bird operation brings 550.000$, what will bring the China Lion ?
Because China based operations represent the lion's share of revenue and profit
wowow seeeee the 200% ticker on the right site !!
www.baileys.com/de-de/Home/
Is this the Office of Haorizi ?
http://www.iit.edu/~jiadong/
I's this news Fake ?
http://www.zero2ipo.com.cn/eweekly/0315/en/0315332.html
Haorizi Secured US$5M Investment from Esprit Group
2007-11-30 Hebei Daily Wei Li
On the morning of November 28, Hebei Haorizi Trade Stock signed a restructuring and listing agreement with American Esprit Financing Group. According to the agreement, Esprit Group will acquire 10% equity of Haorizi with an initial investment of US$5M. After obtaining the fund through private placement, Haorizi is expected to be listed on the US capital market before January 1, 2008. Accordingly, Haorizi will occupy 90% of the total capital stock.
Haorizi's distinctive operation mode and the potential countryside market have attracted the attentions of numerous domestic and overseas investors. GM Jia Dongmei said that the reason for finally selecting Esprit Group is its advantages in e-business. More importantly, Haorizi wants to realize the listing on US capital market by relying on it. GarrWinters, CEO of Espirit Group, disclosed that his company's investment to Haorizi will come to US$40M in the following year and his company favors Haorizi's operation mode of serving countryside market in e-business mode and potential growth momentum.
WSR Corporation
http://www.wsr-corporation.com/de/contact.html
Division Canada
1 Yonge Street, Suite 1801
Toronto, Ontario M5E 1W7
Canada
Good Life China Inc.
1 Yonge Street
Suite 1801
Toronto, Ontario
M5E 1W7
Canada
Look at this Plan
http://www.york-simcoe.com/pdf/en/capital_pool_program_detailed_overview.pdf
Good Life China Inc.
same Contact address
1 Yonge Street
Suite 1801
Toronto, Ontario
M5E 1W7
Canada
If grupo altenativa buy's stocks of GLCC than grupo altenativa have interests in GLCC otherwise they can give GLCC only money
It means a minimum sum of 250.000 $