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Quiet so far today, eveyone still holding their shares tightly for next move higher which is imminent.
Nice early action here this morning; I believe interest should begin to pick up here as the audit nears verifying a .008 pps valuation. Going to see a VERY big pop on that news which can come out at anytime.
Agreed, going to be fun. Wouldn't be suprised to see this pop ahead of the audit.
I believe we will see it looking very different much sooner than 6 months. Auto stocks have been on fire and have been on the move for the past 3 months and continue higher. DSHL needs to catch up so I expect it's move to be very quick to the upside and then remain trading where it should be at .50+
.04 x .05 Seems like it has consolidated long enough for next leg higher imo.
Geffen Made Offer to Buy Stake in New York Times
http://online.wsj.com/article/SB124210090486409825.html?ru=yahoo
GCI will be getting a ton of attention. Wonder who will be making an offer for GCI?
Geffen Made Offer to Buy Stake in New York Times
http://online.wsj.com/article/SB124210090486409825.html?ru=yahoo
GCI will be getting a ton of attention. Wonder who will be making an offer for GCI?
China April Auto Sales Jump 37% on Government Support (Update2)
By Eugene Tang
May 8 (Bloomberg) -- China’s passenger-vehicle sales rose 37 percent last month, the most in three years, as government subsidies spurred demand for minivans and small cars.
Local drivers bought 831,000 cars, minivans and other passenger vehicles in April, the China Association of Automobile Manufacturers said in an e-mailed statement today. Vehicle sales, including buses and trucks, rose 25 percent to 1.15 million.
China has withstood a global slump in auto sales after the government cut retail taxes and began handing out 5 billion yuan ($733 million) in subsidies to help boost demand. Volkswagen AG and other automakers are expanding in China, the world’s largest auto market so far this year, to offset tumbling sales in Europe and the U.S.
“The increase was impressive, but it’s sure to slow,” said Qin Xuwen, a senior analyst at Orient Securities Co. in Shanghai. “Subsidies can only sustain demand for so long amid the current economic situation.”
General Motors Corp., the biggest overseas automaker in China, boosted sales in the country 50 percent last month on demand for minivans, which account for 63 percent of its sales.
In the first four months of the year, China’s vehicle sales rose 9.4 percent to 3.83 million. That compares with 3 million in the U.S., where sales tumbled 37 percent amid a recession.
Still, increased sales of minivans, which cost as little as $4,400 each, has done little to help Chinese automakers’ earnings amid cutthroat competition. The combined profits for the nation’s top 19 automobile groups fell 48 percent in the first quarter to 10.8 billion yuan, according to the association. Revenue dropped 14 percent to 269 billion yuan
Volkswagen and partner China FAW Group Corp. will invest 550 million euros ($737 million) to expand a plant in Chengdu city, Li Huile, a China FAW spokesman, said today by phone.
For Related News and Information: Top transport news: TRNT <GO> China auto news: TNI CHINA AUT <GO> China auto sales: CNVSPSGR <Index> HCP M <GO>
Last Updated: May 8, 2009 06:21 EDT
http://www.bloomberg.com/apps/news?pid=20601089&sid=adVMsNLw4z9w
related: CAAS InPlay:China Automotive beats by $0.05, beats on revs; guides FY09 revs in-line
It was never officially released at all, maybe a buying opportunity presenting itself here before the audited numbers are released and this heads to failr value of .008
I didn't see this news released at all before....maybe that's why they released it again. Maybe not all providers received it.
The audit would verufy numbers that would signify a .008 pps
yep have a feeling this is about to move shortly....
PERT just jumped on bid seems he wants more hmmmm
.04 x .05 1x2
Ask getting thin again, break of .055 and this starts its next leg higher.
DIAS Holding Announces Major Exhibition Project at Detroit Metropolitan Airport
On Monday May 11, 2009, 5:00 am EDT
ALLEN PARK, Mich., May 11 /PRNewswire-FirstCall/ -- DIAS Holding, Inc. (OTC Bulletin Board: DSHL - News), owner and operator of the Detroit International Auto Salon, which features up to 300,000 square feet of exhibition space in Allen Park for Asian companies to display their abilities as component resources, today said it has begun planning a "Green" permanent Auto Salon at Detroit Metropolitan Airport.
"The project is the vision and creation of DIAS Chairman and CEO Eric Huang," said Michael Wesney, President of the Detroit International Auto Salon, who unveiled the concept at the Company's recent DIAS EXPO 2009. "Under one roof, open year round to business travelers, the general public and, of course, auto industry executives, the major domestic and international automakers, plus parts manufacturers, aftermarket suppliers, special equipment manufacturers and other retail businesses can display their vehicles and products."
"Customers will be able to try out a variety of new vehicles and a duty free zone for the international traveler could allow for the car to be shipped directly to a home or office," Mr. Huang said. "This will be a one-stop shopping experience for the auto enthusiast, creating hundreds of jobs and giving the Detroit economy a major boost. The facility, which could occupy up to five million square feet, is currently in the planning stages with groundbreaking anticipated for 2010."
"DIAS has become a great incubator to breed future companies that will create jobs in Wayne County," said Dr. Mulugetta Birru, former Executive Director of the Wayne County, Michigan, Economic Development Corporation. "The state-of-the-art exhibition space it is planning in close proximity to the airport will make DIAS a destination center attracting customers from throughout the United States."
The week-long DIAS EXPO at the Company's Allen Park facility featured optimism that through innovation and new technologies, the U.S. auto industry will rebuild into even stronger and better organizations.
http://finance.yahoo.com/news/DIAS-Holding-Announces-Major-prnews-15196067.html?.v=1
This is Huge, and with the very favorable share structure won't take much to move this to the next level.
China April Auto Sales Jump 37% on Government Support (Update2)
By Eugene Tang
May 8 (Bloomberg) -- China’s passenger-vehicle sales rose 37 percent last month, the most in three years, as government subsidies spurred demand for minivans and small cars.
Local drivers bought 831,000 cars, minivans and other passenger vehicles in April, the China Association of Automobile Manufacturers said in an e-mailed statement today. Vehicle sales, including buses and trucks, rose 25 percent to 1.15 million.
China has withstood a global slump in auto sales after the government cut retail taxes and began handing out 5 billion yuan ($733 million) in subsidies to help boost demand. Volkswagen AG and other automakers are expanding in China, the world’s largest auto market so far this year, to offset tumbling sales in Europe and the U.S.
“The increase was impressive, but it’s sure to slow,” said Qin Xuwen, a senior analyst at Orient Securities Co. in Shanghai. “Subsidies can only sustain demand for so long amid the current economic situation.”
General Motors Corp., the biggest overseas automaker in China, boosted sales in the country 50 percent last month on demand for minivans, which account for 63 percent of its sales.
In the first four months of the year, China’s vehicle sales rose 9.4 percent to 3.83 million. That compares with 3 million in the U.S., where sales tumbled 37 percent amid a recession.
Still, increased sales of minivans, which cost as little as $4,400 each, has done little to help Chinese automakers’ earnings amid cutthroat competition. The combined profits for the nation’s top 19 automobile groups fell 48 percent in the first quarter to 10.8 billion yuan, according to the association. Revenue dropped 14 percent to 269 billion yuan
Volkswagen and partner China FAW Group Corp. will invest 550 million euros ($737 million) to expand a plant in Chengdu city, Li Huile, a China FAW spokesman, said today by phone.
http://www.bloomberg.com/apps/news?pid=20601089&sid=adVMsNLw4z9w
Thanks for the great chart, looks like the next leg higher is about to commence. No doubt that this could return over .50 with any kind of decent volume seeing the VERY favorable share structure here and the very fact that auto related stocks have been on fire. i.e. WATG, SORL, CAAS, AZO, AN etc.
Detroit International Auto Salon E-News May. 5, 2009
Anyone see this? Looks like their doing awesome....
http://web.asiaforging.com/news_view.asp?ID=176&nclass=1
Very interesting, down the bottom they provide the volume of parts that were produced.
WATG:$7.87 CAAS:$5.84 SORL:$3.91 DSHL:$ 0.04
Yep the longer the consolidation the bigger the move higher will be imo from experience!!!!
I show it on AMTD
WATG, CAAS, SORL all going nuts.. DSHL not yet :( Won't take much though so once it gets the attention like all the other suppliers here we should see an explosive move imo.
CAAS explosion.. up over $1 today.. come on DSHL join your bretheryn
Going to see an LJPC type move here from .03 to .40+? I truly believe so and soon.....
Admittedly, I have made some big mistakes in the media business. My Journal Register pick last year was a disaster. However, I always look forward, never back, and think the pessimism has gotten out of hand. So I'm buying newspaper firm Gannett ( GCI - news - people ) (4, GCI), publisher of USA Today. I am well aware that newspapers are suffering a deep secular decline as advertisers flee traditional media for cheaper, easily measurable advertising on the Web. But remember that a significant amount of the drop has been because of the troubles of automakers and home sellers. When a company with strong franchises like Gannett sells for one times trailing earnings and three times expected 2010 earnings, I step up and swing. In 26 years I cannot remember such an opportunity to invest at historically low levels in companies that are generating cash flow, earnings and real profits.
http://www.forbes.com/free_forbes/2009/0525/122-finance-stocks-securities-patient-investor.html?partner=yahoomag
Chinese consumer confidence remains strong amid financial crisis
www.chinaview.cn 2009-05-04 11:08:33 Print
Special Report: Global Financial Crisis
BEIJING, May 4 (Xinhua) -- Kirk John-Williams registered a cosmetics trading company in China only three months ago. Although the world economy has been affected by the financial crisis, the Trinidad and Tobago businessman is confident in the Chinese consuming market.
"The financial crisis won't have too much impact on Chinese consuming market. The upper class may have been affected by the economic downturn, but most people from middle class are not badly hit. Chinese consumers are still willing to spend," he said.
Economists believe China's exports may recover later this year. The most effective means to spur economy at the moment should be stimulating domestic consumption.
"China should have learnt a lesson that an export-oriented economy is not sustainable. Stimulating domestic consumption will not only spur the economy, but also meet the needs of the general public," a researcher from China National School of Administration, Ding Yuanzhu, told Xinhua.
China's economy rose 6.1 percent year on year in the first quarter. Consumption contributed more than 4 of those percentage points, retail sales during the same period increased by 15.9 percent. Urban residents' disposable income rose 11.2 percent and rural residents' rose 8.6 percent.
Chinese consumers are less pessimistic on economy than other countries'. According to a survey by Nielsen of 50 countries and regions, only 35 percent of Chinese people believed the domestic economy was in a contraction. The figure was the lowest among the 50 world markets.
The survey report said Chinese consumers were "willing to spend and feel that the next 12 months would be a good time to buy things they needed."
"Chinese consumers still have strong confidence on economy. People are still willing to travel, spend money on clothes and buy advanced technologies. This is a young but energetic group," Neilson's Vice Chair Susan Whiting said.
The Neilson contributed the confidence to the 4-trillion-yuan (585 billion U.S. dollars) stimulus package and abundant domestic deposit.
In the auto market, stimulus packages are taking effect. Auto sales showed strong signs of recovery after the country cut purchase taxes for small engine-sized cars and rolled out detailed stimulus package for auto sales in rural areas.
According to the China Association of Automobile Manufacturers, auto sales topped 2.64 million units in the first quarter, up nearly 6 percent year on year. The quarterly sales overtook the United States for the first time to become the world's largest auto market.
Ye Zi, who has been working in Beijing for nearly three years, just bought a 1.6 liter car which cost her more than 100,000 yuan.
"In such a big city, driving a car would be a lot more convenient. I can afford a car now, and the government reduced the purchase tax for small cars, so I bought it," she said.
Echoing the recovering auto market, the 13th Shanghai International Automobile Industry Exhibition, which ended on April 28, became an auto fest for carmakers.
Floor areas for the exhibition hit a record of 170,000 sq meters this year. More than 1,500 auto and auto part companies, including those from China, the United States, Germany and Japan, took part in the exhibition.
"Automakers are cutting funds for auto exhibitions across the world, but the Shanghai exhibition is an exception. If they only have budget for one exhibition, that will be the Shanghai exhibition, because China is the only growing auto market in the world," vice president for the Shanghai International Exhibition Co., the organizer, Lu Ren said.
During the 9-day show, more than 600,000 visits were made. Some high-end brand cars, such as Rolls-Royce and Bentley, were sold out on the media day before the exhibition started. The Chinese market has become the most important for automakers across the world.
According to Volkswagen's first quarter report, China has overtaken Japan to become Bentley's fourth largest market. Last year, Bentley's sales in the global market fell 25 percent year on year, but rose from 318 units to 518 units in China, up more than 60 percent.
In addition to auto markets, home sales in the first quarter also showed positive signs.
At April's Beijing Spring Real Estate Trade Fair, from April 8 to 12, more than 150,000 people visited the fair and signed intention contracts worth more than 3 trillion yuan.
"Houses are one of the largest spending for Chinese people. They may spur consumption in related sectors such as decoration, furniture and home electronic appliances. Home sales may play a big part in stimulating domestic consumption," a researcher with the National Development and Reform Commission, Zhang Hanya, said.
"The catering industry may best reflect Chinese consumers' willingness to spend," John-Williams said. "In major cities like Beijing, Shanghai and Guangzhou, I have not seen any signs of economic contraction."
Ding said there were two approaches to spur economy.
"One is short-term stimulus plan, which may rely on investing real estate industry and infrastructure projects. The other is long-term stimulus plan, such as urbanization, social insurance system improvement, education and technologies."
The first round of stimulus package aimed at quickly spurring the economy, but new stimulus packages should focus more on long-term goals. People will spend more only when they feel social insurance has been put in place," he said.
I have not seen an official news or filing verifying or guaranteeing any R/S here. It wouldn't suprise me if it never even happens and they release the audited numbers and it's business a susual....
Some nice accumulation today, HDSN jumped on bid now over NITE.
Agreed, and NITE just moved hid bid up.
DSHL breaks .057 look for a breakout, nice consolidation and looks ready for next leg higher.
A few buys and MM's run scared. Won't take much for this to lift-off that's for sure.
Oh wow, looks like it will be heading over $10 just as you said a month or so ago...nice.
October 10 Call volume alert, looks like someone scooping them up, hmmmmmm.
This looks like it consolidated and should make another move higher to test that recent high at .45 A break of that and it could head to $1+ imo
GCI going to see your $10 target I believe....
Wow, very nice.
Looks like shorts are now beginning to scramble as they should. This should be over $10 when looking at fundamentals.