Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
The numerator/denominator story?
Does the 3.12 estimate include the settlement payment or a sale of lands?
My clean estimate is around 2.40-2.75.
Then we need to see how to get to 20.00 in EPS to get to 1000.00 a share.
I would think the potential of the water business revenue, increase in oil and gas prices (inflation) and increased production, plus the wild card of APA's property on TPL's land or newly discovered oil and gas north of 3rd base all contributes to an increase in earnings to support a PE of 50+.
Then you have the decease in shares.
This is a textbook inflation hedge story and stock with very unique variables in a good state for business.
I've been doing spot of work on TPL lately.
You would think the future acres for TPL could be worth a lot more especially north of the Alpine High into Culberson County?
Has TPL said how many total acres it receives oil and gas royalty from?
Does TPL report land sales before the earnings report.
Trying to get all the letters in the wheel of TPL fortune puzzle. Very intriguing opportunity.
Post 89 from Enterprising Investor stated the acreage of TPL in Reeves County.
185,529.85 total in Reeves county.
"Also" has 1/128 royalty on 3,013 acres and another 1/16 on 116,690 acres.
Are the royalty acres in addition to the 185k total?
Or is there only what's left (185,529-119,703)=65k+ acres of royalty opportunity?
Thanks.
Snow days in high school
I think some ebig shareholders feel like when you are in high school and think your getting out early, and the whisper is around 1:00 o'clock, then 1:00 comes and goes. Its like they think they have a winning lottery ticket and ebig management won't let them cash it. Sometimes we are early as investors, but because it happens so rarely investors dont see it.
Lets wait and see what is said on the cc. I think the mood is so negative, that ebig management is going to surprise you on tuesday.
Earnings report?
Right now because the net income isnt consisent, thinking about a multiple of .03 cents like a pe of 10 isnt happening yet!
I have said before we shld think of this like a closed end fund. Meaning the value of the asset of wiei, once other ipo's are in place then ebig shld take the form of the total of the ipo assets pe, growth, etc.
Plus we need to see a smooth process for the next ipo.
I think we shld see Wonder report earnings this week, im thinking they will be good which will lead to ebig gettng some volume.
Could news regarding edu be a positive for Ebig?
Below is part of a press report about edu. This infomation shld be better news for ebig?
New Oriental is a large Chinese company with a market cap of over $2B, and earlier this year was over $4B. The SEC would only cause a delisting or major restructuring as a last resort. The SEC especially now doesn't want to ruin rapport with China as the country has finally said it would allow "observational visits" from American audit-firm inspectors. This step towards potential joint inspections by both Chinese and US inspectors could start a bull rally among Chinese ADRs since it will restore some trust among US investors. But that is fodder for another article.
Glass half full?
It could be that their isnt anything to report for wonder yet, and maybe even mergers are going thru more b.s if one of the co's is a chinese firm? It is frustrating to know what in the world is the "dtc" trying to approve that the sec and finra havnt already done, and then it still takes x number of months. More reason how regulations hurt U.S economy. Its like ive said before, let the market clear these chinese stocks that don't comply.
I suggested that maybe ebig shld listthese co's on a different exchange, i was told that its even more difficult...hmmm
This may be the start of not letting americans get out of the dollar by buying foreign stocks. Ben Bernake might say "Americans you are going to hold only what i can devalue, don't try to outthink me by taking advantage of what im doing to you!
Big brother at it again.
I didnt realize that it was 600 firms. You wonder what non-compliance is it for these firms? But this isnt anything new, the SEC is acting like the FDA! Why suspend them, the sharesholders will do the job, if a shareholder wants to hold shares that the firm is in non-compliance, then so be it, and if the stock-chinese or not, then goes out of business that the risk. But leave it to this admin, to socialize everything. Thats why my post about a Romney win "may" be better for ebig.
As much as liberals don't like to sterotype, or the fact that it isnt every muslim, how can the SEC just put a ban on anymore chinese firms to list in the U.S., China will then do it for U.S companies to list in the China!
Now the rules that the U.S have in place to go public, thats a different item in my opinion, if the chinese don't want to follow those rules then they don't get approved to trade in the U.S..The piece of this puzzle that i have mentioned before is that the SEC or Dodd-frank bill is putting the liability on a 3rd party (market maker) if they trade a small otcbb stock. Its that liability that is slowing down the approval process of the "dtc" either slowing it down or having the 3rd party saying "no" to a certain listing (chinese) that they dont want to be liable for them complying!
On a side note you have the NIA (National inflation assoc) that is in a pump and dump scam, the SEC knows about it and still doesnt do anything about it...lol
More inflation today good for Sandstorm.
I am really high on sand and sstyf. When we think about trading "dollars" into sand for future payments of gold, thats exactly what we want. Another startegy is too look at the mining companies themselves that Nolan has cherry picked and buying them too. Donner metals is one example with the agreement with the buyout of Xtrata.
Credit is tight in the banking system, and inflation is the only way politicans are going to be able to pay back the 16 trillion, plus unfunded liabilities, plus gov guarntees, plus the 14 trillion in U.S pension funds that will need more money at some time...
take care guys..
Aitkenresearch.com
No update...
It is interesting that a press release should have been issued on Sept 1st saying what Tsingda is doing? The old conf call said that Tsingda would let ebig know what the decision is by Sept 1st?
So what can we think?
Wonder on the other hand i've commented in other posts that a ipo insider told me right after the problem that the dtc was backed up for 8 weeks...
I have been playing phone tag with another insider in the know ..Im going to try again tomorrow and see if i can get ahold of him....I'll post again tomorrow night with an update from that call.......
If you look at Sandstorm Gold (sand) and how they put together their business model it is what ebig could be, just a different model! Sand now has 9 mining companies with agreements, but started out like ebig! take a look, my cost basis on sand is around 4.00.....getting future payments of gold is the way to go instead of future payments of dollars! take care..
Another problem with a Chinese education stock.
http://emergingmoney.com/china/chinese-education-ambow-ambo-edu/?utm_source=Emerging+Money+List&utm_campaign=RSS_EMAIL_CAMPAIGN&utm_medium=email
Said another way....
I know this gets crazy..Its that the Sec or other government agencies cannot monitor these small chinese otcbb companies, and are not able to make the chinese liable to pay fines or whatever, so what these U.S government agencies are doing is putting the liability on these market makers who trade these otcbb companies to monitor and take the risk that if a chinese company does something shady, that because the u.s agency cannot get to the chinese they are making the market makers on notice they will come after them...what a bunch of b.s!
Could a Romney win help Ebig?
My opinion and information from when the bad news hit about the last hurdle with "dtc" was that the dtc was backed up to taking 8 weeks since the requirements for "dtc" were harder. If that is true then investors would have to wait until the end of sept for a report back from the dtc.
The info i have is their is liability on behalf of the "market makers or broker dealers who will end up being the ones who trade the shares of wonder, so because of that requirements and expense with complying with making sure these otcbb companies are doing the right thing, the market markers don't want the risk of smaller otcbb companies in general, let alone chinese companies. So it is the compliance with regs that is causing this.
A variable that i havnt heard yet because most investors dont know the general info, is that a Romney win may untie some of these regs and allow the free market to take over. My god if the sec and finra o.k Wonder to trade and ebig is in the middle to make sure they are doing the right things, and the investors can do their own research, come on...let the free market and risk takers determine if Wonder is a good risk or not! See the connection with the Obama problem! or Barney frank financial regulation problem.
Of course all of this regulation didnt save enron, worldcom, aig, gm, conseco, ect, etc, but those companies can be bought off by politicans where chinese companies cannot!
Of course Wonder needs to abide by any rules that the U.S has with getting info from them, but with ebig being again in the middle should be enough to get the "dtc" approval!
We need some of those yahoo message investors to come over here and post, i think i've hit the black balls on the nail with this!
Is this delay actually a good sign?
Ebig has said on a previous conf call that Tsingda will let them know what they are going to do by sept 1st of the following...
1. List on the octbb in the U.S
2. Merge with a Nasdaq listed company
3. Wait for better conditions with chinese stocks in the U.S
Why didnt tsingda let ebig know about their choice by sept 1st? Is it because they are right in the middle of being merged or listed? I dont know, but maybe just maybe this delay will work out for better news for ebig investors. :)
My gut tells me we might hear something tomorrow, friday.
Ebig on a conf call said that Tsingda was suppose to report to them by Sept 1st as to what they were going to do. Wait, otcbb or go thru with a merger, at the same time the 30 days has passed with dtc approval with ebig.
My other posts i've said that the back-up at the dtc that it could take 8 weeks total. Ebig may feel that they need to report on either one of these developments on friday. The way its been reported in the past is that a conf call will be on tuesday.
I did lighten up on some small share amounts for some clients after being taken off guard with the dtc, however i am posting this right now saying early friday may be a good time to place a bet for this news release.
I agree with you.
The reality is that when ebig is not communicating with investors its because they don't have any new info to tell! Or the regulations and advice they are getting is changing so fast that no news is better than wrong news, which has happened a lot already.
We should hear about tsingda decision very soon, probably before the decision about Wonder and dtc approval. W/o that approval, wonder will not trade. Look for the wonder decision by the end of sept!
Online Education.
If we could get the teacher unions out of education in the United States ebig could help online education companies in k-12 here. The unions dont want it of course because its not about the kids!
Its coming and currently out there but its not as big as in China!
Follow me on twitter @aitkenresearch
Dtc approval.
After the last conf call i emailed an assoc in the ipo business. He said then that his contact said that dtc approval was backed up and harder(not sure what harder meant). The contact a month ago said that the dtc would take aprox 8 weeks to get to!
Ebig has been given different information by the market makers with all of the regulations changing so quickly with these chinese stocks, Uncle Sam at it again with regulations!
I think we should have a decision about Tsingda before we get more info on Wonder.If we had others trading it really wouldnt matter, just like a private public equity company.
The black ball in the jar is if they ban chinese otcbb stocks from going public or make the liability so great with the market makers with "dtc" that those type of companies don't get approved.
Only mergers would be accepted!
Then its a matter of taking U.S companies public which ebig has switched to by the way, if that happens then its a longer ride on this coaster!
Will Tsingda or won't they?
The 6 months results for Tsindga were released ...
(http://www.sec.gov/Archives/edgar/data/1381790/000114420412046776/v321824_10q.htm
My guess conerning tsingda and merging with another listed firm.
1. Another firm would want to buy tsingda now because the longer they wait the more expensive it will become
2. The merger would probably be in stock, the problem is most education companies are at a low right now, so their shares or currency is not worth much right now.
3. If the listed firm has cash, then it would be easier..i know of one listed education co that has 3 billion in cash!
4. My opinion is that tsingda will not go the otcbb route.
Lets see what happens by sept 1st!
A different example of what Ebig could be!
A company called Sandstorm Gold (sndxf) is in a completely different industry, however their are similarities to look at what ebig could become.
1. Sandstorm finances mining companies in exchange for gold
2. They started out not having any mining companies signed on
3. Now they have 5 co's financed and producing gold.
4. It takes a few years from the time they sign on to producing
5. Sandstorm started out at .10 cents worth aprox 50 million
6. Stock went to 1.50 before reverse splitting 1-5 to have it priced over 5.00 to qualify for exchange.
7. Listed on tsx in canada.
8. Now getting listed on a U.S exchange, will ring the bell on monday!
9. Price is close to 10.00 now worth over 600 million.
10. I think ebig and the investors would take the same timeline for the same result as Sandstorm. lets hope.
Focus Media goes private.
With the news of Focus media going private, look for more chinese companies to follow the same path. Companies like private equity firms kkr. Its ironic with Eastbridge we are looking to take companies public. I would think some of those education companies over in china would be targets for some private equity firms.
I think the perception would be very different if ebig had some ipo's all ready public, then waiting on other chinese companies for a better market would be o.k with the intrinist value of pre-ipo shares going up as we wait.
Its this business model that is still under question for ebig.
I think if ebig has enough cash to keep going that wiei will be dtc approved, then ebig can have a timeline more accurate for other ipo listings.
Other interesting news is that manu (manchester) just went ipo in the U.S after trying to go public in hong kong!
I understand. I just asked them that question. We/i investors don't like it when there is a black ball that we dont know about. I think the pps is going to drop more before it goes up again.
Look for delays from dtc!
Regulations are changing very quickly and makes ev including ebig confused that the regulators don't know what one hand is saying to the other.
There are more black balls in the jar now, the risk is higher based on what i call "7 out"
This is a great example of its not what you know, its what don't i know to make a decision.
Email me at info@aitkenresearch.com for any other info. thx
Its not about shares traded in Wonder (wiei), its about getting dtc approval. You wont see any trades in wiei until dtc approval. Because of regulations and liability the dtc process for small otcbb or worse otcbb chinese stocks is very slow and tougher!
Chinese stock edu hasnt helped. Going forward i don't think ebig will have the new ipo "trade" until dtc approval. This extra hurdle got ev off guard.
What ebig could do is start having a company video on ebig's website and wonders showing the new ipo's coming businesses, etc!
Aitkenresearch.com
Right....the 100 million valued that ebig talked about was if Wonder was fully valued at 5.00 a share, with 20m equals 100 million. If ebig has 3m+ shares then net asset value for ebig shld be 15% of the ipo.
The wild card in the short term is Tsingda!!
Hello Ebig Investors,
My analogy of ebig being the Horse stable and then the ability of Ebig to raise these race horses and then get them to the gate, it looks like finally finra will let the first horse run. The next issue will be how well valued the first horse will be. We need these first 2 horses to run well. Ebig has reported that the 2nd horse Tsingda Education may be in talks with another U.S based education company to merge into that company listed on a U.S exchange, i think that would be a great thing..
Then if these two horses run well, the attention will be pointed at the other horses in the process of running. What happens then if those horses start to be valued already in the price of EBIG.
The next step will be having Wonder Edu after 6 months to apply to the nasdaq. That is when it will be repoted that Wonder will get valued more like its peers. Plus we have a 20-30% growth rate for these first two!
Look for ebig if everything goes well to reverse split the shares at some point to get them over 5.00 for ebig to list on the nasdaq. When that happens we hope the shares will be over 1.00 at that point.
Check my website Aitkenresearch.com for info on my firm.
Good luck EBIG and lets run well!
Hello,
Where did you see the report that they are allocated 100 million shares?
I think ebig has stated they are looking for a market cap for Wonder of 100-120 million with a 7 million net income times 15 pe.
That would put the number of outstanding shares around 40 million.
Any other insight from other investor's please post! thx