KNDI - just to add: the mock-up is on a smaller scale than how it would be in reality. An important advantage of the parking system is that it facilitates Vehicle to Grid technology, resulting in grid stabilization, which is what State Grid considers vital. KNDI seems to have the patents.

Congrats on your timing...but why only a swing trade, why not just go long, when the stock is backed by Conrad and Petersen (of all EV critics...)

Have you considered the implications of all recent news and what more can be expected the next two months?

Todays volume 7X

New article by Conrad:
http://www.forbes.com/sites/tomkonrad/2012/07/23/while-tesla-is-heading-into-the-valley-of-death-kandi-has-already-crossed/

XIN - the expectation is a change from an annual to a quarterly dividend

From last CC:
"Now shareholder value initiatives, we reiterate to believe that a dividend once initiated should be sustainable over the long term. Previously our preferred method of declaring or remitting dividend was to declare an annual dividend soon after the annual filing of 20th.

But we are changing our minds largely due to investor feedback. We now intend to declare remit dividends on a quarterly basis, we will not wait till the 20th as filed to do so although we are not prepared to make a definitive announcement on dividend at this time. There will be a separate dividend announcement in the next weeks. So please stay tuned for that separate announcement in the next few weeks."

http://seekingalpha.com/article/387421-xinyuan-real-estate-s-ceo-discusses-q4-2011-results-earnings-call-transcript

XIN - I think the expectation is to have a quarterly dividend announced soon.

CCCLW - and finally some decent action in the warrants again today..

KNDI - confirmation of first 300 EV's for Jinhua; awaiting more good news; potential 10, 20, xx bagger?

somebody is buying, +13%

http://finance.yahoo.com/news/Kandi-Technologies-Reports-iw-1474231949.html?x=0

Wade - could be very good for the longer term; you may consider some VIX or TZA for the rest of the week/month/year and pick up even more GURE & CNTF a bit later

TSL - yep, and before that with New Dragon Asia (NDAC.PK); TSL should be 10% up, not down after this resignation

Economist graph on short-selling

http://www.economist.com/node/18867652?story_id=18867652&CFID=172727366&CFTOKEN=98870719

KNDI - nice addition to yesterday's 3.000 EV's in Jinhua; a good part of 20.000 in Hangzou. But maybe more important, support for the Quick change model from State Grid.

Two impressive PR's in two days, stock is up not less than 5% in 2 days...


JINHUA, China, June 16, 2011 /PRNewswire/ -- Kandi Technologies, Corp. (Nasdaq:KNDI - News), a leading Chinese supplier of off-road vehicles and developer of pure electric vehicles (EV), today reported a further strengthening of its relationship with State Grid Corporation following a recent visit from Mr. Liang Nie, general manager of Dayou Technology Development Company to Kandi's facilities. The Dayou Technology Development Company is a wholly owned subsidiary of State Grid Corporation responsible for the development and operation of battery charging and changing facilities in the city of Hangzhou.

Mr. Nie toured the Kandi facility and test drove Kandi EVs that use Kandi's "Express Change" battery model. During the facility tour, Mr. Nie spoke with Mr. Xiaoming Hu, CEO and Chairman of the Board of Kandi Technologies, about enhancing cooperation with State Grid and the further development of the "Express Change" battery model. The two discussed the plans for 20,000 electric cars on the road in Hangzhou by the end of 2012. Mr. Nie strongly encouraged Kandi to pursue its development plan and efforts to achieve a significant share of the market in Hangzhou.

"I am confident that this goal is attainable and that Kandi can gain a significant share of the growing Hangzhou market," said Mr. Hu. "The close cooperation between Kandi and Dayou Technology will provide great contributions to the progression of the electric vehicle industry, which will be bolstered by Hangzhou's plan to reach 20,000 EVs on the road."

http://finance.yahoo.com/news/Kandi-Technologies-Hosts-prnews-1052567727.html?x=0&.v=1

KNDI - some long awaited good news

Very important imo, because it implies:
- gov suport for the lead-acid version
- gov endorsement of the quick battery change bizz model (vital for KNDI)
- the subsidy is exclusively (?) for 3.000 KNDI models -does not need to be shared with other manufacturers (?)

If they sell 3.000 between now and the end of 2012, revenues would increase by some 25%, only counting sales in Jinhua.


JINHUA, China, June 15, 2011 /PRNewswire/ -- Kandi Technologies, Corp. (Nasdaq:KNDI - News), a leading Chinese supplier of off-road vehicles and developer of pure electric vehicles (EV), today reported that the company has received formal provincial government approval on the application of the new energy vehicle pilot program in Jinhua City, located in the Zhejiang Province. The formal approval, received on June 13, 2011, provides RMB 15 million ($2.3 million U.S.) per year in government subsidies to residents of Jinhua to be used for the purchase of 3,000 Kandi clean energy vehicles through 2012.

The pilot program in Jinhua uses Kandi's KD5010 electric vehicles to promote household use of electric vehicles using the "Express Change" battery model. Each Kandi car sold will be eligible to receive local government subsidies made possible through the pilot program. Kandi expects the average sale price of their KD5010 pure electric model (without battery), currently about RMB 39,800 ($6,100 U.S.), to decrease by more than 50 percent with the subsidies from provincial and city governments. The KD5010 model, tested and approved by the Chinese government, operates on a new-generation lead-acid battery.

The "Express Change" battery business model provides a cheap and effective alternative to the standard refueling of gasoline-powered vehicles. The business model effectively integrates the car manufacturer, battery maker and charging and replacement partner to provide car production/distribution, battery production, charging and express change facility, and battery service and maintenance.

http://finance.yahoo.com/news/Kandi-Technologies-Receives-prnews-3759422918.html?x=0&.v=1

DLA Piper - is this, together with the MS-YONG deal the best news of the last few months?

On one hand it can be seen as just another commercial initiative, knowing that many Chinese small caps desperately need good legal assistance urgently.

On the other, DLA Piper knows the situation very well and they have a certain reputation to uphold. They don't want to get involved with blatant frauds (which would be pretty useless anyhow).

I can't imagine that this 'rapid response team' is targeted at scams and frauds. Can it possibly be that DLA Piper knows that many of these RM small caps aren't outright frauds, but that they do lack even basic understanding of US style do's and don'ts with respect to corporate governance, fiducial responsibility and IR? And that currently they get a lot of wrong advice from the wrong people?

Is it possible that DLA P may have come to this conclusion after having stared for more than one month now at the books of CCME? Just possibly, could they have come to an assessment that Cheng has messed up big time, but that this could have been avoided (at least to some extent)? And that many other RM's are in similar situations?

Or is all this just wishful thinking?

Forbes - SEC/shorter's websites/MW

"Whenever someone gives you a “hot” tip, always ask what motivated them to do so. Make sure that you do your own research instead of relying on what somebody has told you. Keep in mind that information from online blogs, social networking sites, and even a company’s own website may be inaccurate and sometimes intentionally misleading."

http://blogs.forbes.com/heatherstruck/2011/06/10/sec-advises-skepticism-with-websites-driving-up-short-interest-in-china/?partner=yahootix

CNTF - yeah, even I can see that there is support around 4.25...but that's not very helpful if you have some June 5 calls...lol

I guess that yesterday's Nokia news has something to do with todays sell off as well.

Just checking on some Nokia news; from an interview with CEO 5 days ago: "in China, locally relevant applications are very important". Seems to me that CNTF could actually be in a pretty strong position here.

PS thank god for options TZA on days like this!

CNTF - Ok, thanks; if there is no news, do you see any support anywhere? 20 Ma broken, 50, 100 and 200 still far away...

CNTF - i'm not a technical trader and I don't know why and how it works exactly, but isn't there still a small gap at around 5.30 from May 10?

SIAF - some pretty good news out; from YMB: expects doubling of EPS and dividend (.02, .04, .08) per year for 2011, 2012, 2013.

http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_S/threadview?m=te&bn=73623&tid=3353&mid=3353&tof=1&frt=2#3353

Presentation:

http://www.sec.gov/Archives/edgar/data/1488419/000114420411033083/v224548_ex99-1.htm

Up 10% on decent volume today

Absolutely, this will hit the head lines and many investors will start to look at this space with a different frame of mind; if MS sees potential in one of these stocks then it might get interesting for others as well

Fortunately I've still got some forgotten way otm calls..

"OT The only viable long term investment is oil"

You'll probably like the IMF's view on 'the scarcity of oil':

• The increases in the trend component of oil prices
suggest that the global oil market has entered
a period of increased scarcity. The analysis of
demand and supply prospects for crude oil suggests
that the increased scarcity arises from continued
tension between rapid growth in oil demand
in emerging market economies and the downshift
in oil supply trend growth. If the tension intensifies,
whether from stronger demand, traditional
supply disruptions, or setbacks to capacity growth,
market clearing could force price spikes, as in
2007–08.

http://www.imf.org/external/pubs/ft/weo/2011/01/pdf/c3.pdf

CGYV - down 26% on $400 traded
CSHEF - down 20% on $40 ...lol

The Economist: China's economy: a slow-down but no hard landing

http://www.economist.com/node/18744283?story_id=18744283&CFID=164830155&CFTOKEN=94924255

"Are they talking about labor cost here or..."; yep, you'll need just 1 person to kill all mosquitos on 1000 acres in one year....lol

CSHEF - somebody spent $1200 on this...up 7%...PE 0,09

OT - Rato, fantastic reading, thanks for posting. Everybody knows of course the ideas behind the use of finite resources, but this article is particularly comprehensive.

Plenty of insightful oneliners spread through the text, including this obvious one: "It is simply much more profitable for the financial services business to have long bull markets that overrun and then crash quite quickly than it is to have stability."

"The only viable long term investment is oil", I agree, but good farmland will do fine also (I own a small piece in Argentina).

One issue that was not mentioned (and rarely is), but which I think could have a huge impact, is the succession of King Abdullah. Our carbon based economies are built on the premise that Saudi Arabia continues its role as swing producer. But this cannot just be taken for granted. I have worked in Saudi Arabia, and it is clear that there are quite a few different factions in the House of Saud. Without going into details, Abdullah is 80+ and has health problems, the crown prince (Sultan) is 80+ and suffers from dementia/Parkinson and the second in line (Nayef) is only 77, but is pretty 'conservative'. After that, the rules on succession are blurred, but there is no lack of ambitious contenders (and history shows that surprises cannot be excluded).

Uncertainty about the succession could already spike oil prices and you need only one of the successors to sympathise (for whatever reason) somewhat with the more hawkish OPEC members and the consequences for the world economy could be disastrous. Just imagine oil prices of > $200 and an enormous flow of zillions of USD to Ahmadinejad/Khamenei, Khadaffi, Chavez etc

The next few years will be fascinating, nothing more interesting than oil politics...

CGPI - yeah, it was along time ago. Went through my print outs of 2010 last weekend, interesting reading considering what we think to know now.

I took a position last year and sold 2/3. And yes, I read all of your 'negative rants', but these were just about any stock in this space...But I'm still grateful for your pointing out CNTF as a kind of safe haven; and added of course when I realised, thanks to others on this board, the potential.

As often, the issue between you and JoeN seems a matter of timing to me: I guess you will be proven right in the longer term, but volatility in CGPI is crazy and if he plays it well Joe may be making a nice sum out of this.

CGPI - i almost forgot who's conviction it was

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53553326&txt2find=cgpi

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54276929&txt2find=cgpi

lol

KNDI - up 11% on so so Q1. Legacy business doing ok, but no specific news on China EV sales

SCEI - Rato, I think you just illustrated Rames' point, calling this "one of the most entertaining stories so far in the Chinese RTO saga"

CNTF - thanks for the hammering, been adding calls gradually over the last few days; seems they get an awful lot of (free, presumably) publicity in China.

But I have to admit that I took a starting position two months ago after reading that both Rato and Alfred Little couldn't find anything scammy here...

PE<2; Interesting trading list, I think GFRE can be added now...

Rato - any specific reason why CYD is not on the list? IPO 1994, Ernst&Young, dividend. I thought it was a relatively safe bet at a PE of 7. TIA

Solars - Italy news; seems positive

http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.pv-magazine.com%2Fnews%2Fdetails%2Fbeitrag%2Fitaly--if-regulation-signed-today--market-will-immediately-pick-up_100002821%2F

CNTF - 2mG, I agree, 52 wk high and sometime in the future the all time high (18 lol), provided gaming takes off.

In a shift from the RTO space I've built a decent position in CNTF; feel confident about the fundamentals (and cash). Don't know much about the gaming bizz though and have done some googling this weekend.

Seems that MS XBox, Sony PS and Nintendo Wii are banned in China, but this may change(?). First mover advantage is essential.

Do you know anything / are you concerned about the Lenovo/eedoo Ebox? Looks that it is basically a Kinect clone and seems to be launched, after an 8 months delay, in June.

China is a certainly a big enough country for two separate brands, but having the capital, distribution and marketing of Lenovo behind a product certainly will make it a lot more difficult for any competing product.

Or have a missed something and is this not direct competition and/or therefore no reason for concern.

There are plenty of links for Lenovo/Ebox in Google, but almost all from August last year, only very few from 2011.

lol...this must be good for CSHEF

"With demand and pricing improving for tires,..."

http://finance.yahoo.com/news/Gulf-Resources-and-Solutia-iw-1634717357.html?x=0&.v=1

CNTF - TechFaith's 17Vee Signs Major Content Licensing Agreements

BEIJING, April 28, 2011 /PRNewswire-Asia/ -- China TechFaith Wireless Communication Technology Limited (NASDAQ:CNTF - News) ("TechFaith" or the "Company") today announced it has signed three major content licensing agreements. Under the agreements, it is now authorized to bundle and market these popular video games with its motion gaming capable mobile phones, 17Vee motion gaming controllers and 17Vee console box. The gaming titles include Prince of Persia, Rayman Raving Rabbits and Tom Clancy H.A.W.X.

Mr. Tony Kong, CEO of TechFaith's gaming business-798 Entertainment, said, "This is a major development for us. Demand has been very strong from consumers and partners for our line of motion gaming controllers and motion gaming enabled mobile phones. We have a uniquely differentiated product in the market that offers high value at a reasonable price. We have been shipping a combined 40,000 to 50,000 hardware units per month since last December. We expect this to further accelerate when we launch our 17Vee motion gaming console box later in May. The importance of today's licensing agreements is that they will immediately make our gaming portfolio even more compelling by expanding our content catalog. We will pursue other content licensing agreements given the power of content to driver faster adoption rates and higher usage levels."

GFRE, CHBT, YONG - I'm very curious to see the reaction of these three. Seems to me:

GFRE - they have responded in December quite convincingly to earlier anonymous allegations (though I've actually never seen these) and I expect (at least hope) that they will do so again.

CHBT - organised an investor's day last year. We know the value of that of course. Also, they announced in March 'CHBT wins first US customer'. This falls imo exactly within what you rightly call 'distracting with nonsense (new contract etc)'. Who needs a US customer when the Chinese market is potentially immense?

YONG - I find them also quite alert in keeping investors informed (but winning an award is something of value or just fluff?). The alegations so far have not been very convincing, but I have scaled back as I cannot imagine that there would not be a hit piece when we approach day 13 of RegSho.

Curious to see what others expect of these three in the coming weeks.

YONG - may even be a better target; 9 days on RegSho.

GFRE - high volume again today, guess HAP is still off loading; read earlier that they had 4M or so. But I wonder whether they know more than we do, I understand that you may want to off load at $10, but at <$4 (2,6 x ttm PE)?? Lin bros revisited?

I really like the business model (should not be too complicated to diversify into bromine based specialty chemicals), but am a bit concerned about the pretty steep drop in production in 10Q4 and the low interest income. In the meantime bromine prices are still increasing.

I'll wait till selling stops or Q1 results are out (whichever comes first...).

top ten:

CYD, CNTF, MY, JOBS, XIN

GFRE, CGYV, KNDI, CCCL, YUII

CSHEF - done (I have a tiny position; future 10 bagger...lol!)