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Penny,
I sold at $2.50 I paid $5 average. I feel they are not interested in shareholder support. They continue to show ignorance and I will not buy another chinese stock ever again.
Good Luck
Can someone with cheng's email, remind him to file 8k on new mngmt. Also while emailing. What about auditor. Audit committee. Etc. ( kneeling. ... praying. ..... looking up )
What in the hell is Jimmy doing now? What a complete idiot! Is he trying to go to pinks?
How many passengers did they claim in the past?
They wrote "up to 13 million passengers a year's audience" Is this an accurate count based on Marty's research/spreadsheet???
China's high-speed channel is Focus Media Co., Ltd. of Fujian, a main brand, is the professional management of inter-city bus-car video media company, is the only designated State Ministry of car video media. Has been formed in Beijing, Shanghai, Guangzhou, Jiangsu, Fujian, Chengdu and other 22 provinces and cities nationwide high-speed passenger backbone network. China's high-speed channel innovation mandatory player mode, up to 13 million passengers a year's audience, the most comprehensive network coverage nationwide system for customer recognition.
Focus Media Co., Ltd. of Fujian has been established, has been successful for China Mobile, Bank of China, Pepsi, Siemens, and other hundreds of domestic and international famous brands through effective communication. More and more companies have chosen the well-known brand of high-speed channel as their power development in the media. Sufficient to prove that the Chinese media market high-speed channel to adapt to the trend of development, with a strong vitality and good market prospects. In terms of talents, our company always adhere to the survival and development of talent is the driving force. We fully acknowledge and respect for individual abilities and personal thinking. To create inspirational and passionate work environment. The staff as our most valuable resources, care for our staff to work and live, attention to capacity building and quality of training, protect and improve staff of economic income. Not only that, we have a first-class office environment, higher than the salary counterparts, and provide the country's 22 provinces, municipalities and optional loose office office mode. All kinds are invited to join the elite, join the festivities.
Is this a translation issue or is Focus Media seeking the posistion for CCME????
It would be nice to know more details on the 35 new job postings recently mentioned in I-hub. This sort of information is a definately a positive.
I would like to see SWITOW.com adversting iPad-2 ASAP
(research link:
http://www.techradar.com/news/mobile-computing/portable-computing/hands-on-apple-ipad-2-review-932451 )
And a side conversation what is Jacky plan to get share buyback funds( up to 30million) ready for deployment?. Is it complicated ? Is it as simple as contacting Goldman Sachs or who ever, days before the earnings release and wire it or transfer between large firms. Moving money out of China is not easy from past investments. I know there are folks who do not feel a buyback will happen( joe) But If you consider the earnout shares in the future, what is wrong with a buyback with all we have experienced since last fall.
Lastly, The hard core longs, weak longs, longs for a hour/day/week, flipper of trading shares, just damage our ability to become a $60- $80 Stock. I have held and added and have a tiny posistion but a large % for me none-the-less. So for all who preach know your stock!!! Stop shooting me in the foot. Take that full posisition and stop trading. Jacky will take care of the rest. thanks
1hothand
Question? with the quiet period ( complete joke )Can insiders buy right now? Could they buy up to the 10q.
thanks 1hothand
Muddy Waters Page 11. Monitors images seem questionable and ccme labels would appear different...... Not that it would suprise me this could be tamperred with or the image altered.
But it would make a good arguement for bus # be displayed on the moniotor and also CCME to track these buses with some type of device. A gps tracker or something. You could provide a source to show 30k buses and locations. It would take 1 guy 5 years to find 27,000 buses, vrs 1 minute.
This eliminates a couple short arguements.
Do anyone know how the LCD screen is cabeled to the monitor. Is it A/V Jacks ??? Do we have any idea what monitors CCME used or were there pre-existing buses with monitors already. WTCBills buses were 17" to 19" screens. not sure what is on page 11 of the hit piece.
1hothand
magazine/swit bus advertisement.
I wanted to ask can someone respond as to how many Magazines were ordered for CCME. It seems as though the quantity was not clear through google translate( go figure ) one figure was 100,000 or something like that.... Anybody know what they ordered and has WTCbills seen these already.. Can't watch his videos ..it keeps hanging up on my end and is painful drag through the video or his blog.
Thanks to all who have contributed and continued DD. 1hothand
Wctbills, Thanks for everything. You are a hero!
Can we get a little more clarity on The Apple Distributers alignment and agreement? The switow platform little darling is Apple imo.
thanks again,
1 hothand
Hundredwaters:
CCME: A dividend stock, around $170 million + in the bank, Excellant Customer relations, Early growth, organically rich growth, low multiple, etc etc
If you are long great!
If you are a long short, better yet.
. It's hard to tell from the translation if these are more personal subjective comements and tenders further comment about CCME having telltale signs of fallacious profit margins, which looks like a article of western origin
ntimidatr,
Thanks! Very good likelyhood the company did everything possible to get approval. Hoping for $14 soon! Fingers cross....
1hothand
Thank You Newport! Appreciate the information.
1hothand
•SWITOW website. Has anyone seen a post regarding a purchase of any products on the website. Someone posting last week regard buying a Ipad. Would really appreciate any feedback on this ! Such as Cost, shipping, any additional warranty, and delivery. Purchasing a Apple Ipad is going to be like owning a pair of shoes in China in the next 5 years. IMO
thanks in advance!
1hothand
Come on Jacky!!! Buyback those shares. Stop this rollercoaster!
CCME pps today honestly was a little disappointing. I mean why didn't this pop up 1/ $2 higher? Oh yeah,cgs traders and shorts working against longs. I believe traders will buy them back higher and shorts will really have to face the fact their on the wrong side. This company is still in its early stages of huge revenue growth. I have held a small posistion for a year now. I am long until $45. This company could really improve my china growth portfolio.
Shorts On Wednesday 12-8 shortable shares available = 550,000
Thursday 12-9+ 200,000
Friday 12-10+ 50,000
Today 10,000.
They seemed to have piled on at the wrong time( 2nd). So with the possility of naked shorting again, The Possibility exist we could slowly creep back to $22.
The company did disappoint me by no buyback. But if Jacky waived buying in $7's with a spectacular defensive plan of trapping more shorts by buying after a pullback, It would be beutiful. If CCME bought in the $15 It would still be effective. At least my hopes are they have been buying.
Thanks for everyones DD
Jacky also has quivers full of arrows. I would love for a couple to fly real soon.
Does anyone know if this is the correct figure for shortable shares? http://www.interactivebrokers.com/en/trading/ViewShortableStocks.php?key=ghii&cntry=usa&tag=United+States&ib_entity=llc&ln=
I'm not sure if the symbol changed/ or updated to this site but if this is why my investment is shrinking, it makes more sense LOL!
what is this guy talking about ? The settlement with the SEC of some people at Starr? thanks 1hothand.
http://seekingalpha.com/article/225044/comments
RAKawai Comments (33)
RAKawai 1
Followers24
FollowingFollow... to be completed shortly. You don't care that the big names in the field haven't heard of China MediaExpress or the settlement with the SEC of some people at Starr or that no one can seem to pinpoint what the firm's long term competitive advantage (moat) is that is keeping their margins so high and competitors at bay?
I've done quite a bit of digging on CCME, and when people casually suggest it is undervalued on a P/E or P/B or PEG metric, I worry. There are some holes in the long thesis. While there is currently no definitive proof of fraud, I've had more questions about this one than others.
____
Disclosure: I am not long nor short CCME, nor do I own derivatives. I may initiate a long or short on CCME in the near future depending upon further collected information and the price of the stock at that point. I do not make any specific buy/sell/hold/short/cover recommendations. My statements and opinions are not to be construed as such. I do not warrant the accuracy of my statements and will not be held liable for any losses. Please do your own homework.
Lionmaster. Here is the short arguement. I am pissed at CCME management. I've averaged down 3 times and at a loss of 34%. This is insane but I will not become a weak long. I will average down 1 more time.
http://www.thelion.com/bin/forum.cgi?sf=CCME&msg=3961&cmd=read
From: Lionmaster (Rep: 5789) Date: 09/15/2010 13:00
Forum: CHINA MEDIAEXPRESS - Msg #3961 Thread #673060900 (Rec: 0)
Lack of internal controls --- also huge insider/founder wanted to sell millions of shares, the management put out a PR saying they don't know anything about it --- WTF --- do you actually believe that? Also, later said that insider filing was a mistake or error --- that is just totally bogus. All this leads to some crookiness in CCME, and I attribute this to integrity and lack of internal control issues --- and yes you can't believe what they put out now due to this.
http://www.thelion.com/bin/forum.cgi?sf=CCME&msg=3964&cmd=read
From: Magicmann (Rep: 73) Date: 09/15/2010 13:30
Forum: CHINA MEDIAEXPRESS - Msg #3964 Thread #673060954 (Rec: 0)
I am AMAZED at the level of DENIAL of PermaBULLS on this one...
the Russell add was a gift and the start of slide. Then the 10M share dilution in 09-10 while cash on hand was rising (doubtful).Then another late 10Q was another signal of something fishy going on. (maybe something about numbers of buses vs ad time that does not compute) Now the latest 144 insider wanting out using GS and company issuing clarification. Experienced traders know this thing will end badly.
Watch it next thing they will issue PR saying they are going after naked shorts. Another signal to GTFO.
so... I couldn't be traded or no one bought anything. Just concerned a little. I feel no news lately and amex could present good things coming. Hopefully. btw. harley rock!
What's going on and why doesn't my account show any shares traded? thanks in advance
chfi:
CFIC's cooperative partners cover several industries including bank, investment bank, accounting firm, all of these have provided a good foundation for cooperative enterprises.
That is just beutiful, "all of these have provide a good foundation for a cooperative enterprises"
Now I can really sleep good tonight knowing they have a good foundation. I guess they forgot about the shareholders.
Why can't we get something on CFI Website. I need something meaningful. The blurps tell me nothing. Are they running this sucker on auto pilot and someday flip the switch back on?
Could someone share a link how to back track chfi's management. Where did they go? Did they convienently change their names...
thanks
http://chinasecurities.com/ir/ChinaFinanceInc/management
Value 1008
I have bought 2 times. 350 shares total average $12.05. I am chump change. I have never sold and I am so annoyed by these flippers who call it shorts and bear raids I am outraged! This CGS Board is unbelievable with skill and knowledge. Yet some I respect, prey on other chumps like me and stop losses. My goal is to sell CCME at $30 and get a premium membership. fact.
This game is rigged.
1 hothand
http://www.cficcn.com/
This website is back up and running. Thats weird.
Anybody else notice it was down?
This gives me a slight glimmer of hope. Not much.
Does anyone know if the cfo of BORN : Ann YU is the same Ann YU of CHFI.
I read the cfo's bio and doesn't appear the same person, But could someone show how to backtrack the past and confirm it was truly an employer.
briefly researched this the other night. looks shady. I suggest calling the company direct and find out what it is they plan to develop or do they intend on ever making a product or just pump ideas.
The website you posted has not been updated since march of 09.
The subs. which gave us some relative info,giberish, letters on the screen, just went dead.
http://www.cficcn.com/
I doubt this ends good for me.
CHFI links gone dead
Link down at:
http://www.cficcn.com/en/case.asp#0
some still working from my previous links:
http://brandworldgroup.com/en/
http://www.chinausholding.com/en/sub.asp
Chinese energy policy
Thanks Joe Stocks
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52518767
chinese energy policy
thanks Joe Stocks
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52518767
CNBC strategy session. today, Bankers Flock to Beijing
http://www.cnbc.com/id/15840232?video=1549058915&play=1
CNBC strategy session. today, Bankers Flock to Beijing
http://www.cnbc.com/id/15840232?video=1549058915&play=1
Wemu $3.85 bid 3.65. I like the company, I would expect this to run into $6 ish by year end. Not a chart person, but it would appear there's selling and buyers are coming in. Last 2 weeks quite a range of $4.50 and $3.45. Buy in stages. I wish wemu moved onto nasdaq. Any questions contact Jeff Watson at jeffw@wwmusa.com. Asked him what is Wemu doing to move onto another exchange.
good luck
wemu $ 3.80. heading lower imo. Stock just doesn't get any love. I'm hoping Jeff Watson has his act together otherwise I'm going to be crushed.
Fredbearsail,
I corrosponded with Chen only 2 days for a response. Other than the normal sec speech, he said he'll discuss my comments regarding the previous post and he was nice to briefly address it. He will let the board know. Who know, maybe they'll listen?
Glen,
How do you see this story ending. Will they communicate or emerge? I know you are familar with the Chinese business cultural so you might have a better handle on what happen to their assets. I find it amazing that they can just vanish. Also, since this is pink now, can they sell insider shares or buy inside the company without disclosing? ( They don't report any more so what does it matter on following SEC anyway.)
Also, is it possilbe a company insider allowing his buddy to keep buying up the remainder of the float? sorry not Purdue graduate but a big fan of yours. Thanks Randy
CPQQ,
I just put a strong message together for Chen Yuanyuan at YChen@christensenir.com regarding US listed Chinese traded stock and the fact that they are in control of the companines future.
I feel now is the time to let them know what they have to do to survive the downtard in the china danger zone.
Please do the same.
Here is what I sent
Dear Mr. Chen Yuanyuan,
I have been invested in China Power Equipment since January 2010. I purchased stock in your company based http://investorshub.advfn.com/boards/board.aspx?board_id=15931 and uplist to AMEX. Exchange. Unfortunately, there were some unexpected drops in share price, dilution and no further action on up list. I would like to thank your team for an outstanding job achieving your most recent results and contracts this year. I wanted to pass along some feedback regarding the sentiment of US listed Chinese companies. Currently any Chinese stock is in a crossroad due to some rencent Chinese fraud and lack of shareholder transparency. I would like to put you on notice that your shareprice could significantly drop, regardless of you performance as a solid growing business. The current setiment is that most Chinese companies distort their accounting numbers, dilute shares, hide revenues for internal gain, have no regard to share price and so on. I will tell you that CPQQ Investors are have turned negative. I caution you to consider this to be taken seriously if CPQQ is every to be valued by shareholders. In my opinion going forward 85% of the US traded Chinese stocks will never recover due to shareholder trust and all Chinese stocks are in the danger zone! Here are inverstors complaints:
- China is a bubble
- Every other U.S.-listed China company is a possible fraud
- Don't trust any of the reported SEC numbers, most companies report vastly different numbers in China
- Don't trust any of the auditors unless they are top-notch and U.S. based
- Don't trust any China company that went public via reverse merger
Here are some serious things to consider to increase shareholder trust and share price.
1) High insider ownership and stock purchased http://investorshub.advfn.com/boards/read_msg.aspx?message_id=52020699
2) Strick pay incentives attached to True EPS and Growth
3) Acquire 2 or more analyst to cover your stock
4) Acquire meaningful investments from private equity investment firms
5) Reporting on time without addendums to correct changed accounting and share holder count.
6) Do not pump the stock with countless IR updates, but provide good balance of new significant changes or contracts.
7) Update your website, It needs refining and photos of the new facility. I'd suspect some investors question the truefullness and see no value in it. There should be a photo gallery of the new facilities, people working, management names and photos. Get some well deserved respect on what your business can and does achieve. Really does make a difference.
8) Get serious on your accounting and do not distort true EPS. Get it accurate, shareholders appreciate this.
9) Get a a Big4 auditor
10) company share buyback *****
11) Past actions of management.