With its recently decreased GDP growth, China has the attention of investors—trying to lessen dependence on its export market.

"Chinese stocks listed in China and Hong Kong are easily beating the gains here in the U.S."
http://www.profitconfidential.com/chinese-economy/chinas-strategy-boost-consumer-spending-investment-opportunity/

WSP Holdings Limited

WH : 0.80 +0.04 +5.26% 39,360

WSP Holdings Limited, together with its subsidiaries, manufactures and sells seamless oil country tubular goods. The company offers American Petroleum Institute (API) products, which are the products manufactured according to the standards formulated by the API; and non-API products that are products tailor-made to meet customers? specifications. Its products include casing, tubing, and drill pipes that are used for oil and natural gas exploration, drilling, and extraction activities, as well as line pipes, green pipes, iron ore pellets, iron ore billets, and other unfinished products. The company serves oilfields in China, North America, South America, the Middle East, Asia, Africa, and Russia primarily through distributors and sales agents. WSP Holdings Limited was founded in 1999 and is headquartered in Wuxi, China.
No. of Employees: 3,857

Shares Outstanding: 20.44M
Float: 2.55M
Shortposition more than 1 million

Book Value Per Share (mrq): 5.86

Jun 26, 2014 0.92
Jun 23, 2014 1.00
Jun 10, 2014 1.24
May 30, 2014 1.92
May 29, 2014 2.13
May 22, 2014 2.21
May 15, 2014 2.50
May 9, 2014 2.65
Apr 30, 2014 2.75
Apr 16, 2014 2.83

http://finance.yahoo.com/news/wsp-holdings-limited-announces-termination-123000112.html

Dear ***

Following the announcement that the going private transaction was terminated, the company put out a news release stating that it has received notice from the NYSE that it is not in compliance with continued listing standards because it has not filed its annual report on Form 20-F on a timely basis. The Company is working on the audit and expects to file the 20-F in August 2014, which is within the standard 6 month window that the NYSE gives listed companies to regain compliance.


I have confirmed with management that they have not sold any shares, and that their holdings are consistent with the amounts reported on the latest Form 20-F.


Sincerely,

shareholders:
CEO Longhua Piao holds a (majority) 50.9% of the O/S, or 10.4 million shares.

UMW Holdings maintains a 4.6 million share position in WH, which is 22.5% of the O/S. Their cost basis is approximately $7 per share. Group CEO and President of UMW, Syed Hisham Bin Syed Wazir, is also Vice Chairman of WH.

Oaktree Capitol (OAK) holds 6.9% of the O/S, or 1.41 million shares. Oaktree Managing Director Dennis Zhu is also a WH Director, and is on the independent committee to review the going private proposal. Oaktree Capital is the world's largest manager of distressed debt. Other than Sina (SINA) and Melco (MPEL), Oaktree currently has no other US-listed Chinese investments.

Other institutional holders of include Credit Suisse (269K shares), Wellington Management Co LLP (268K shares), Prescott Group Capital Management LLC (142K shares), and other various funds holding small amounts totally 149k shares.

Anyone on this board knows what happened to "10atious"? I have not seen him post for a long, long time. Someone mentioned that he might have been very ill and possibly has died...that make me very sad.

Also, any idea why ACTS has made such trendous strides in price in the last 3 months and nobody on this board has made any comments? Also, can we expect ACTS to continue moving at the same pace in the months ahead or is it going to fall flat on its face?

Thanks to all of you who have any comments about this company!

YHGG Chart looks good as Superman just showed up:

$YHGG finacials for the second quarter were posted today at www.sec.gov

This is the explaination given for the approval of 200,000 shares intended for certain employees. We all know that where technology is involved this kind of employee reward retains staff members who otherwise might be looking elsewhere for a better deal. I guess the chairman wanted to explain why they are giving away these shares. I don't think First China has reached that point yet but you never can tell what Wang might do to retain the services of an expert or someone who has government connections! He made a deal with Zwick because he needed an expert in accounting! I will keep in an eye on this stock but I am not sure if this is the field I would go in if I had more money to invest. I am sure the competition in this field must be evaluated. Stock has been trading for at least 2 years beginning 8-7 dollar range; going down to the 6-4 range; then lower again in a more drastic way during the last year until now at .65. Good question to ask: is this the bottom and will the stock go up again to at least $1.50? If this is the bottom and you feel confident stay with it but from this point on be alert and ready to sell is you see further downtrends. Remember how we all got fooled when First China was at .65 and we thought it would recover and go up again!

Hey Alltheway, you want to check out an undervalued chinese stock that will probably double in a couple of weeks. Here's why:
They sold half of the company in October (the bad half)
The CEO (knowing sales from October and November) bought over 200,000 shares of his company in December.
They are at a trade show in Las Vegas this week (today).
Check it out if you want.
They had two bad quarters so were completely oversold.
It is .70 cents right now.

NEWN (let me know what you think). I am going to load up a little on this one. They keep their investors in the loop with PR's every once and awhile unlike our other company...
Just want to let you in on a good thing. I've seen this company double before (but I didn't sell profits when it did). I have to learn to take some of the table when I double my money :)

Hey FCPGALLTHEWAY, nice board. Maybe you will bring this board to life again...Thanks for the tip...

The bigger problem is the SEC can't contact the Chinese corporations as easily as they can their American counterpart. BUT if you look at when this "confidence in Chinese stocks, especially the RTO's" began it was right after one guy with a computer and a lot of flare gave a bad report on one stock Orient Paper. Almost all of the allegations were proven FALSE, but the damage had been done. The stock tumbled on rumor and lies, but this did not stop our hero to the investor. As he was quoted, "I am doing this for the investor." Yeah, and the investor's name was Carson Block. Then he went on to RINO, CCME, SINO-FOREST. These were very corrupt companies and needed to be weeded out. BUT Muddy Waters got too brazen and attempted to destroy Spreadtrum with his lies and allegations. When the truth came out, the brazen Carson Block, had to humbly say, "I may have misread the financials." But did this stop him, no, he was making tons of money selling short and went after another company Focus Media, which took a hit, but is coming back strong and fighting this hack. Once the shorts leave this sector, which it looks as if they are; we will see gains in these undervalued stocks that have been scrutinized by our SEC. If they don't dot the i's right, they are forced to give account why. I'm glad the SEC is looking into these companies, it will weed out the corrupt and those holding good companies will be very happy and prosperous...NO SECTOR stays down forever. Look at the banking industry, they've risen and fallen and are about to rise again. This of course is MY HONEST OPINION...

I think that the short answer is that with the several accounting scandals arising from Chinese r/m companies that no one trusts them or their accountants. Add to that, the dog food scandal a few years ago, Chinese drywall, unsafe chemicals in toys, etc., it just boils down to no one trusts the Chinese when it comes to business ethics. I have worked with several Chinese nationals and their business ethics are not the same as ours.

Not all is deceitful, as there are cultural differences, and some practices are acceptable in China, but not here. And some of what is referenced above is just shoddy product worksmanship. Ditto with many Europeans and Indians. Some times the crooks are the Americans who handle the r/m's and are taking advantage of these cultural misperceptions. I work with a lot of New Yorkers, too - 'nuff said.

However, when you throw all of these ingredients into the pot and stir, it often results in an unsavory stew.

Whoever responds to my post, you may also go to the FCPG board and join us with your opinion of that company. We really need more new blood to keep the chats moving at a faster pace. If you are of Chinese descent you might even provide guidance on how to handle the CEO of the company (Mr. Wang) in a way that makes him more attentive to our needs. You might even contact him personally and tell him our grievances!!

How come no one has been posting on this site since October?

They should add FCPG to this list so that those who are interested in that company can also post directly there and join our group.

Thanks to all.

YHGG has been climbing past few days and filing more SC doc as a prelude to uplisting. Trading at 2.45 with a book value over $10 and EPS of 0.51, this is seriously undervalued

Latest update - yhgg filed final 10Q after the bell yesterday. They are now caught up and should be looking to uplist.

Update on YHGG - YHGG has finally posted its 2009 10K showing EPS of .51 and book value over $10. Next, all are needed are the first and second qtr 10Qs and they will be caught up after 5 years of non-reporting. At that point they will be ready to uplist. Stock closed at $2. Industry multiple for ag stocks is 16, so look for $8+ IMO once filings are done.

YHGG PR at http://www.pr-inside.com/yasheng-group-positioned-for-steady-growth-r2009904.htm. also at Marketwatch.com

YHGG 3rd qtr 2009 10Q filed yesterday. Two more filings to go to be caught up.

YHGG filed their 2nd qtr 2009 10Q today. only need 3rd qtr, 2009 10K and 2010 first qtr to be up to date. Payday getting closer

DRGN - CN Dragon Corp

http://www.cndragon.com/

First 2008 10Q filed this moning 5/10/2010. eom

YHGG filed their 2007 10K last night and it posted at sec.gov this morning. Now all is need are 2008 filings and 2009 10K

CSGH...picking up steam again

Can I write charter chinesse in board? I am going to proof.


??

The place to follow that sector is the board China Growth Stocks.

CHME or NEP? These two have had incredible run YTD. Anyone think they have room to grow? I found a list of 10 chinese micro-caps 2010 Chinese Micro-caps I'm looking to into getting into chinese stocks before the bubble bursts! These are doing well...any room to run? Would love to hear thoughts on this or any other interesting chinese stocks. Thnx!

MZBY -- Nice accumulation the past couple of weeks... .001 ask got moved at the end of the day.... THINNNNNN ...LOW FLOAT

0.01 150000 OBB 15:32:11
0.009 320330 OBB 09:34:23
0.009 2000 OBB 11/09
0.009 100000 OBB 11/09
0.01 5000 OBB 11/09
0.009 300000 OBB 11/05
0.009 25000 OBB 11/05
0.01 100000 OBB 11/05
0.01 380000 OBB 11/05
0.009 50000 OBB 11/04
0.009 100000 OBB 11/04
0.009 100000 OBB 11/03
0.01 100000 OBB 11/02
0.01 100000 OBB 11/02
0.01 50000 OBB 11/02
0.01 50000 OBB 11/02
0.009 400000 OBB 10/30
0.01 80000 OBB 10/30
0.01 100000 OBB 10/30
0.01 100000 OBB 10/30
0.01 20000 OBB 10/30
0.009 200000 OBB 10/30
0.01 100000 OBB 10/30
0.01 50000 OBB 10/30
0.01 50000 OBB 10/30
0.01 10000 OBB 10/30
t 0.01 50000 OBB 10/30
0.01 10000 OBB 10/29
0.01 8000 OBB 10/28
0.01 3000 OBB 10/28

MZBY -- Someone just loaded up 460K shares... NICE! moved the ask to .013... something may be finally brewing

what was reason for ticker change?

Looks like MZBY (former CDTR) has made some significant changes and is waking up. .007 is a steal.

Anyone have L2 they could post for it?

SPNGE, IGSM, STHG, LGAL, PCAI, EVRM, ABWTQ, RCCH, ACUS, XCHO, CDIV, QASP, HCKE, VYGO

DCRD and CSGH both appear way under valued

whats up here? any sub dollar plays in teh chinses market? you like to night trade here?

DCRD still undervalued

DCRD UP $1.95.....more to come!

The company initiates research and development in manufacturing 30g -120g PU paper, polyester paper, melamine paper, wear-proof paper, 3D wood grain paper, as well as different kinds of environmental friendly decorative papers.
The company can fulfill customer requests by providing tailor-made product design and colour matching services

DCRD is undervalued based on 2008 earnings of $6,800,000

from TheStreet.com interview with the CEO of CSGH in China:

"We are highly confident that the testing will be completely successful. The testing involves repeated charging and discharging of batteries, which in the past would take up to 50 weeks to complete. Now, with advanced technology, this type of testing can be completed in a much shorter time frame. Timing of the test results is in the hands of the customers, so we have to wait for each of them to give us the final results. As previously disclosed, we expect the results to be provided at approximately the end of September, depending on customer timing."

DCRD: $6.8 mil net income

www.dcrdpaper.com DCRD=new Chinese deal $6,800,000 NET Inc

DCRD: Chinese paper co is $1.60 by $2.40...you will not see these prices much longer IMO

Sounds good.

CSGH---China Sun Group High-Tech Co. Signs Contracts With Four More Battery Companies to Begin Testing on Eco-Friendly Product

Source: China Sun Group High-Tech Co.

On Wednesday June 24, 2009, 12:08 pm EDT

LIAONING PROVINCE, China, June 24 /PRNewswire-FirstCall/ -- China Sun Group High-Tech Co. (OTC Bulletin Board: CSGH - News), which through its wholly-owned subsidiary Dalian Xinyang High-Tech Development Co. Ltd. ("DLX") has the second largest cobalt series production capacity in the People's Republic of China ("PRC"), announced today that it has entered into contracts with four additional battery production companies to begin testing samples of lithium ion phosphate. A next generation 'green' power source, lithium ion phosphate can be built into batteries that power electric cars, hybrids, scooters, and other state-of-the-art electronic devices.

In addition to DLX's four new testing customers, testing by two of DLX's existing customers, Shandong Zaozhuang and Beijing Zhongke, on the natural attenuation rate curve is nearing completion. Early reports indicate that over the past 45 days, the change of curve has maintained good consistency with a very little decay rate. Shandong Zaozhuang and Beijing Zhongke on May 7th and May 21, 2009 respectively, expanded their relationship with DLX by entering into memorandums of understanding to continue battery development based on lithium ion phosphate materials supplied by DLX.

"Our customers' involvement in testing and feedback helps to ensure the highest quality standards are meet, if not exceeded. Our goal is to help global manufacturers lower their carbon footprint, increase safety and decrease production costs using the latest technologies and materials such as lithium ion phosphate," said China Sun Group CEO Bin Wang. "In addition to growing our customer base and those performing testing, we continue to receive ongoing support and direction from City Council of Dalian, which should help accelerate our time-to-market lithium ion phosphate."

About China Sun Group

China Sun Group High-Tech Co., ("China Sun Group") produces anode materials used in lithium ion batteries. Through its wholly-owned operating subsidiary, Dalian Xinyang High-Tech Development Co. Ltd ("DLX"), the Company primarily produces cobaltosic oxide and lithium cobalt oxide. According to the China Battery Industry Association, DLX has the second largest cobalt series production capacity in the People's Republic of China. Through its research and development division, DLX owns a proprietary series of nanometer technologies that supply state-of-the-art components for advanced lithium ion batteries. Leveraging its state-of-the-art technology, high-quality product line and scalable production capacity, the Company plans to create a fully integrated supply chain from the primary manufacturing of cobalt ore to finished products, including lithium ion batteries. For more information, visit http://www.china-sun.cn.

at a conservative ten time earnings, assuming net income EPS for the year is 16 cents = $1.60 fundamental value, not icluding next year's net income.

CSGH...Nice growth potential...Four additional battery production companies will begin testing samples of CSGH's new lithium ion phosphate...
http://finance.yahoo.com/news/China-Sun-Group-HighTech-Co-prnews-1738651445.html?x=0&.v=1
In a little over 2 months, Dalian Xinyang High-Tech Development Company (CSGH) has signed sample testing agreements with 12 enterprises. Following testing, CSGH plans to begin "mass marketing" their new lithium ion phosphate.

Here's the clincher...CSGH already has great earnings w/ a low PE. They have NO debt with VERY low liabilities and VERY low A/R and they are in one of the hottest growth sectors in China...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38979748

More notes...
http://investorshub.advfn.com/boards/read_msg.aspx?Message_id=38584718&txt2find=csgh
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38074782

Next year earnings could be off the charts, but you never know...
Time will tell.

3 month Revenue (Q/E 2/28/09) = $8.8M.
9 month Revenue = $27.4M.
3 month EPS (Q/E 2/28/09) = $0.04.
9 month EPS = $0.12.
No LT debt.
Paying taxes.
No shareholder dilution.
Cash & Eqiv = $12.2M
A/R is VERY low @ $2.9M.
Total liabilities = ONLY $3.4M.
Fully diluted Total Shares Outstanding = 53.5M.
Current share price = 0.70.

CSHG appears undervalued....constant increase in earnings!

CSGH: Quarterly Revenue Up 42% to $7.6 Million; Net Income Increases 145% to $1.8 Million -

China Sun Group High-Tech Co. (OTC Bulletin Board: CSGH, "China Sun Group"), which through its wholly-owned subsidiary Dalian Xinyang High-Tech Development Co. Ltd ("DLX") has the second largest cobalt series production capacity in the People's Republic of China ("PRC"), today announced its financial results for the second fiscal quarter ended November 30, 2008. Full details are available on the Company's Quarterly Report filed on Form 10-Q with the SEC at http://www.sec.gov on January 12, 2009.

Revenue for the three months ended November 30, 2008 totaled $7,606,217, an increase of 42% from revenue of $5,357,190 for the comparable period in 2007. Net income for the three months ended November 30, 2008 was $1,809,975, an increase of 145% from $738,482 for the comparable period in 2007. For the second quarter of fiscal 2009, basic and diluted earnings per share were $0.03 compared to $0.01 for the comparable period in fiscal 2008, based on total issued and outstanding 53,422,971 shares of common stock.

Revenue for the six months ended November 30, 2008 was $18,593,108, an increase of 104% from revenue of $9,093,027 for the comparable period in 2007. Net income for the six months ended November 30, 2008 was $4,198,762, an increase of 204% from $1,381,675 for the comparable period in 2007. For the six months ended November 30, 2008, basic and diluted earnings per share were $0.08 compared to $0.03 for the comparable period in fiscal 2008, based on total issued and outstanding 53,422,971 shares of common stock.

China Kangtai Cactus Biotech Announces Record Third Quarter Results
Monday November 17, 8:30 am ET
Revenue Increases 56% Driving Record Profitability


HARBIN, China, Nov. 17 /Xinhua-PRNewswire-FirstCall/ -- China Kangtai Cactus Biotech Inc. (the "Company") (OTC Bulletin Board: CKGT - News), a vertically integrated grower, developer, manufacturer and marketer of a variety of cactus-based consumer products in China, announced today record third quarter results for the period ended September 30, 2008. The Company reported revenue of $6.2 million, a 56% increase compared to $3.9 million in the 2007 third quarter. The increase in revenue was a result of growing acceptance of the Company's products such as Cactus Protein Nutrient, Cactus Calcium Peptide Soft Capsule and Cactus Shuxin Capsule by Chinese customers and expanded distribution. In addition, the Company successfully launched two new products, cactus fish feed and cattle feed, in July 2008, which also contributed the increase in sales.

Gross profit for the three months period ended September 30, 2008 was $2.5 million, an increase of 78.2% compared to $1.4 million for the same period last year. This increase was mainly attributable to the increase in net sales. For the three months ended September 30, 2008, pre-tax income increased by 141.6%, to $2.2 million from $0.9 million in the corresponding period of the prior year. Net income available to common stockholders increased to $1.8 million, or $0.08 per diluted share, compared to $0.8 million, or $0.04 per diluted share in the previous year's third quarter.

For the nine months ended September 30, 2008, revenue increased 39% to $14 million, compared to $10 million in the corresponding period of the prior year. Pre-tax income increased 57.7% to $4.1 million for the 2008 first nine months, compared to $2.6 million in the nine months ended September 30, 2007. Net income increased to $3.4 million, compared to $2.2 million in the corresponding period ended September 30, 2007.

"Our third quarter results reflect the growing acceptance of our existing cactus products and a successful marketing of the newly launched cactus feed products," said Jinjiang Wang, President of China Kangtai Cactus. "We are pleased to report a strong quarter of revenue and profit growth and are on plan to report significant revenue increases in 2008."

About China Kangtai Cactus Biotech, Inc.

China Kangtai Cactus Biotech Inc. is market-leading cactus grower and producer of cactus-related products with over 387 acres of plants and an active R&D group that holds 18 product patents and is seeking another 12 in a variety of product categories. China Kangtai's high-quality products are sold throughout China in supermarkets, food stores, hotels and restaurants through a growing distribution network that has currently covered 12 provinces and 2 municipalities.

Cautionary Statement Regarding Forward-looking Information

This press release contains forward-looking information about China Kangtai Cactus Biotech that is intended to be covered by the safe harbor for forward-looking statements provided by the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts. These statements can be identified by the use of forward- looking terminology such as "believe," "expect," "may," "will," "should," "project," "plan," "seek," "intend," or "anticipate" or the negative thereof or comparable terminology, and include discussions of strategy, and statements about industry trends and China Kangtai Cactus Biotech future performance, operations and products.


For more information, please contact:

Chengzhi Wang
General Manager
China Kangtai Cactus Biotech, Inc.
Tel: +86-158-0451-2893
Email: chinakangtai@gmail.com
Web: http://www.biocactus.com




--------------------------------------------------------------------------------
Source: China Kangtai Cactus Biotech Inc.

CMM Charts $4.18

THAT'S a huge alert, .....

CNTF trading below cash!