Friday, March 30, 2012
China Agri-Business (CHBU) Going Dark?
It could be ...........you never know.................
btw interesting read on China Accounting Blog
btw interesting read on China Accounting Blog
Thursday, March 29, 2012
Wednesday, March 28, 2012
China Marine Food (CMFO) Hard Hit Today!
Almost 15% down at $1.17..................to be honest ..........numbers were bad, but not that bad.............
Why? We had a Black Swan............The earthquake (radiation leak) in Japan and some food issues in China regarding tainted clouding agents for use in certain beverages. All these things effected consumer behaviour dramatically.
If you still can overcome these issues as a company you deserve a golden medal.
Net income and earnings per share decreased..............ok it's true, but still nice after adjustment!
Prices around $1.00 seem to be a steal, especially with a bigger distribution network than last year and marketing expenditures that are going to pay off. I will be a buyer around $1.00.
Why? We had a Black Swan............The earthquake (radiation leak) in Japan and some food issues in China regarding tainted clouding agents for use in certain beverages. All these things effected consumer behaviour dramatically.
If you still can overcome these issues as a company you deserve a golden medal.
Adjusted Net Income** | $12.8 million | -45.6% | |
Adjusted Diluted EPS** | $0.43 | -46.9% | |
I am quite confident that we will see better results this year, if things are normal! | |||
Prices around $1.00 seem to be a steal, especially with a bigger distribution network than last year and marketing expenditures that are going to pay off. I will be a buyer around $1.00.
China Marine Reports Fourth Quarter And Full Year 2011 Results
Press Release
Twelve Month Results
Full Year 2011 Results | |||
FY 2011 | FY 2010 | CHANGE | |
Net Sales | $143.9 million | $122.7 million | +17.3% |
Gross Profit | $31.7 million | $37.5 million | -15.3% |
Net Income | $8.6 million | $21.1 million | -59.5% |
Diluted EPS* | $0.29 | $0.73 | -60.3% |
Adjusted Net Income** | $12.8 million | $23.5 million | -45.6% |
Adjusted Diluted EPS** | $0.43 | $0.81 | -46.9% |
* EPS calculated for the period is based on 29.5 million shares on December 31, 2011 versus 29.0 million shares reported on December 31, 2010. | |||
** Adjusted Net Income and Diluted EPS in 2011 are non-GAAP calculations and do not include $2.5 million of non-cash, amortization of intangible assets related to the Company's acquisition and $1.7 million of after-tax non-cash stock-based compensation expenses in 2011. For more information about the non-GAAP financial measures contained in this press release, please see "About Non-GAAP Financial Measures" below. | |||
"We have experienced a number of extraordinary challenges this year and we are working diligently to solidify our position in the market," exclaimed Mr. Pengfei Liu, Chairman and CEO of China Marine. "As a result of our increased marketing support and food safety advertising for Mingxiang® foods and the fact that none of our seafood sources were affected by the March 2011 radiation leak in Japan, we believe that our seafood sales will rebound once public concern subsides. Growth of our 'Hi-Power' beverages were also weaker than forecasted due to an incident involving tainted clouding agents for use in certain beverages in Taiwan and China in the middle of last year. Though none of our products used such agents, we were also required to make additional investments in advertising to maintain and regain consumer confidence in 'Hi-Power'. As a result of these circumstances, it was necessary we allocate significant marketing dollars to demonstrate our commitment to food safety and the quality of our products for both our beverage and food segments, simultaneously, throughout 2011. Fortunately, our push in advertising and marketing has produced an additional benefit which is greater distributor interest and trust in our Company. As a result, we expect to selectively add new distributors in step with the recovery of the domestic beverage market in China and also increase our shipments of Mingxiang-branded foods to the many distributors we have maintained for years. Throughout 2012, we believe "Hi-Power" and Mingxiang® food sales are poised to regain the growth trajectories we have witnessed in the past."
Thursday, March 22, 2012
Wednesday, March 21, 2012
Monday, March 19, 2012
China Botanic Pharmaceutical Q1 Profit Rises More Than 12%, Sales Jump
Article Seeking Alpha
The cheapest pharmaceutical out there, with a P/E below 2. Annual report (10-K) signed off by auditor.
The cheapest pharmaceutical out there, with a P/E below 2. Annual report (10-K) signed off by auditor.
Sunday, March 18, 2012
2 U.S.-Listed China Stocks To Buy Now
Article Seeking Alpha
A precarious economy, fraud concerns and negative press coverage has scared investors out of U.S.-listed Chinese small caps. Right now many investors have the "fraud" word on their minds and avoid these stocks. Despite the high risk of investing in Chinese small-cap stocks I think there are still plenty of opportunities for keen investors.
In this article I will present two Chinese companies, which I think are most likely to be taken private or acquired by other companies and will give investors multifold returns soon.
Longwei Petroleum Investment Holdings (LPH) and American Lorain (ALN)
A precarious economy, fraud concerns and negative press coverage has scared investors out of U.S.-listed Chinese small caps. Right now many investors have the "fraud" word on their minds and avoid these stocks. Despite the high risk of investing in Chinese small-cap stocks I think there are still plenty of opportunities for keen investors.
In this article I will present two Chinese companies, which I think are most likely to be taken private or acquired by other companies and will give investors multifold returns soon.
Longwei Petroleum Investment Holdings (LPH) and American Lorain (ALN)
Monday, March 12, 2012
Friday, March 9, 2012
Tibet Pharmaceuticals: The Next China Stock That Is Going Private
Article Seeking Alpha
Final Note
After Harbin Electric and China Security & Surveillance, Tibet Pharmaceuticals is another example of a U.S. listed China company leaving the U.S. Capital Markets. Investors who can snap up shares of undervalued companies that trade lower than their cash value per share, such as Tibet Pharmaceuticals does, could benefit from the current disconnect many U.S. listed China stocks have with fair value or take-over value. This makes these companies attractive for management teams or private equity funds.
Final Note
After Harbin Electric and China Security & Surveillance, Tibet Pharmaceuticals is another example of a U.S. listed China company leaving the U.S. Capital Markets. Investors who can snap up shares of undervalued companies that trade lower than their cash value per share, such as Tibet Pharmaceuticals does, could benefit from the current disconnect many U.S. listed China stocks have with fair value or take-over value. This makes these companies attractive for management teams or private equity funds.
Thursday, March 1, 2012
Tibet Pharmaceuticals Filed A 8-K Non Binding Proposal of $3
8-K
And still short sellers and other wolves are saying it's a fraud.................just plain bullshit.
They came even with a picture and are bashing that there is an auction of their property.
http://www.fycqjy.com/cq/102733/102734/98731.html
It's quite different than the real building of Tibet Pharmaceuticals, see below and find the differences.
The problem is that in that region the property is all similar!
But I don't mind I keep buying around $1.75...........................lol...........................
And still short sellers and other wolves are saying it's a fraud.................just plain bullshit.
They came even with a picture and are bashing that there is an auction of their property.
http://www.fycqjy.com/cq/102733/102734/98731.html
It's quite different than the real building of Tibet Pharmaceuticals, see below and find the differences.
The problem is that in that region the property is all similar!
But I don't mind I keep buying around $1.75...........................lol...........................
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