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I couldn't agree more with them.
Thanks for posting that Burp. I was wondering if the NEP buyback kicked in but now I see the reason for the price jump.
You're completely right...I got overly excited :)
WOW! LPH with some serious quaterly numbers. This should be a $12.00 stock in the next 18 months.
Loving that sub $1.00 buy right about now!
These numbers are completely insane! This stock should be trading in the $12-$13 range minimum. We're talking $0.61 per share this quarter which, multiplied by four quarters is $2.44 per share in earnings. This company is not seasonal! Give it a 5 multiple and you get $12.20 per share. That doesn't even include the acquisition!
I'm buying big today.
And I'm buying..
redchipir, are you still here? If so, I think we should chat
If you do chime in on the JADA board at yahoo, you may want to inquire with some of the other posters about this guy's history there. If he's right, there is mega bucks to be made. If he's wrong, well then....
If this thing breaks $1.00 I'm buying and buying big. The upside is too great not to.
Does anyone know who this poster is? Is he/she credible? Seems odd that someone can call a company and find out they're "more profitable than ever" from a phone call. Did he speak with an executive? A secretary? Who knows?
I need more info before I plunk down more cash into JADA.
LLEN - Major News! insert-text-here
I think this press release alleviates any question in my mind that the company is real and everything is on the up and up.
NBRI & PCFG are two of my gold holdings. I expect both to be 300% higher a year from now.
I mentioned this before but it's worth stating again: I emailed with management just a few weeks ago and they're working on the financials. It's all systems go at HFGB and things are looking good for the stock price to rebound in a big way.
As far as I know, the shares had no lock up period so yes, it would stand to reason that the selling pressure is Bellini unwinding it's position and cashing out.
It's interesting to note that the 5.8 million shares, once worth around $32 million would now be worth around $12 million if they're still being held. Now, let's remember that NEP has a $10 million buyback in place. Essentially, 8 months later, NEP is saving around $18-19 million in this deal by issuing shares instead of paying cash for the new oil field.
This is either absolute genious on the part of management or, and I'm just speculating here, management is moving stock to the offshore British Virgin Islands company and then cashing it in at basically no dilution to shareholders. I'd love to know who the "stockholders" in Bellini Management are. I wouldn't be surprised to find some names we recognize. However, since this move is working to our long term advantage, I'm not complaining here.
Thanks for this info!
squeeze......
I'm literally scraping up pennies trying to buy as many shares as possible here! NEP is trading at below cash in the bank, there's a buyback in place, and major growth just a few short months away!
Mid 2012 this is a $10 stock.
Here we go. IGC set to break out....
I've been holding this stock since January but haven't paid much attention lately. Can someone update me on when Colorado Goldfields can actually expect to be producing and selling gold?
NEP or LPH - what's the better China oil play right now?
I'm leaning toward NEP for the long run but if LPH completes their acquisition this quarter than this stock is going to pop.
decisions, decisions....
There's no doubt Petrochina has to be concerned that NEP is developing the new oil field and will be selling to "other" customers. I'm sure PTR doesn't want to lose any production and they'll do whatever they need to so that doesn't happen. NEP is in a good negotiating position here.
I still won't be surprised the day Petrochina comes in with a nice buyout offer.
I emailed with management just last weekend and I feel comfortable we'll see those financials shortly.
Either the buyback or a hedge fund got in for about $100,000. Personally, I'm hoping the company is buying back their shares at this price. I sure would be.
NEP now trading for below cash in the bank. Unreal.
You know that I feel NEP is the sleeping giant. It's the largest position in my china portfolio and I'm hanging on until 2013 when they start generating excessive cash. As of now, they're trading at just about the value of their cash in the bank. They also have a $10 million buyback (which equates to about 20% of the float that hasn't even started yet.
Everything is setting up perfectly here.
HFGB - New auditor announced last week. I emailed with management over the weekend and was assured new financial reports were in the works. I think this is one that could make a big pop when things settle down.
I was surprised to receive a quick response from my email to Mrs. Bing He. Here is her reponse:
"Thank you for your email and support to Huifeng.
As you know, we filed an 8-K yesterday to show the engagement of a new independent accountant. The financial data will be coming.
We also got the COS certificate in May which was benefit to our sales. For more information, welcome to visit: www.hfgb.cn"
I'm taking this reply as a sign the company is still operating as normal and that they are happy to communicate with shareholders, a definite positive!
I emailed their office today to see if I could get some additional info. I'll let you know if I hear back.
I'd say this is the best news we've heard in a long time!
NEP - Hedge fund buying at the end of the day? Sure looks like it.
someone is smart....no reason for a selloff here.
This isn't exactly dilution. Yes, they are purchasing shares but so are we. It's really just a stock swap (which happens to be at a price that is 40% higher than the stock price today).
You have to like this arrangement.
NEP getting hammered a second straight day for no reason. I'm loading the boat; all in!
That was me buying at the end of the day...
I like the Jan $2.50 calls....that way I can still exercise if necessary. Let's not forget this is a 2012 play and if the stock doesn't move as quick as it should, I don't want to be out of the game.
I still think NEP is a monster long term China play.
But is the guidance worth anything? How can we trust management, especially when the revision was downward? If they had come out with good news I would actually be a little more impressed.
Big news from managment that sent the stock up and the news wasn't even good! They sent estimates down big time! The problem is, how can you even trust management at this point? I have a few shares that I'm holding on a prayer but I don't see the point of adding more.
Nothing to know really. The company is being taken out at $6.50 per share. This was just the beginning of short covering. Anyone still short the stock just believes the deal won't go through.
Rediculous. There is no way this should be allowed to go through and I hope shareholders come to realize the true value of this company so that it doesn't.
Doesn't matter to me. I'm looking at the $6.50 buyout and I'll be using any weakness today to buy shares.