InvestorsHub Logo

researcher59

10/19/18 8:54 AM

#54910 RE: hweb2 #54908

HEBT (1.25) is worth a look. Hebron Technology was a hot China IPO in December 2016, it priced at $4, then opened trading at $7 but faded into the $3's over the following months. In April they reported strong 2H 2017 results, with pretax EPS of $0.29 for the year, almost entirely 2nd half because in the 1st half they moved their manufacturing facility and reported roughly breakeven results.

They report only semiannually and have yet to report 1H 2018 results, but strong numbers presumably soon to be reported could ignite another low float rally in this once hot stock.

Knowledge is King

10/19/18 9:29 AM

#54912 RE: hweb2 #54908

NCTY...just another Nutty Chinese Tech Yo-yo

worthylion

10/20/18 1:55 PM

#54958 RE: hweb2 #54908

Re China stock spike, I think Chinese government rescue measures per the link below may have caused it:


https://www.scmp.com/business/china-business/article/2169294/share-pledges-chinas-central-bank-and-financial-regulators