EPS 2011 diluted $0.50 vs EPS 2010 diluted $0.92
Wednesday, March 28, 2012
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...........................
Tuesday, February 28, 2012
Tibet Pharmaceuticals (TBET) Going Private Proposal At $3.00
The Company also announced its intent to accept a "going private" proposal by Mr. Hong Yu, and cease its public company status. "In view of market bias towards Chinese companies listed in U.S. stock exchange and our past stock performance, I hereby make an offer to purchase TBET stocks not owned by me for $3.00 per share in cash,"said Mr. Hong Yu, "delisting details will be announced shortly".
Press Release Yahoo Finance
At $1.81 there is still much to gain. So a real arbitrage opportunity!
Press Release Yahoo Finance
At $1.81 there is still much to gain. So a real arbitrage opportunity!
Monday, February 13, 2012
Thursday, February 9, 2012
Longwei Petroleum Announces Financial Results for Second Quarter Fiscal 2012
AIYUAN CITY, China, Feb. 9, 2012 /PRNewswire-Asia-FirstCall/ -- Longwei Petroleum Investment Holding Ltd. (NYSE Amex: LPH) ("Longwei" or the "Company"), an energy company engaged in the storage and distribution of finished petroleum products in the People's Republic of China ("PRC"), today announced its financial results for the three and six months ended December 31, 2011.
Second Quarter Fiscal Year 2012 Financial Highlights: (Year-over-Year, 3-Month Results)
- Revenues increased 5.2% to $126.4 million, compared with $120.2 million.
- Income Before Taxes increased 34.5% to $20.6 million, compared with $15.3 million.
- GAAP Net Income Attributable to Common Shareholders increased 58.7% to $15.2 million, compared with $9.5 million.
- Basic and Diluted Earnings per Share ("EPS") increased to $0.15 per share for the three months ended December 31, 2011, compared to $0.10 per Basic EPS and $0.09 per Diluted EPS for the three months ended December 31, 2010.
- The Company's Taiyuan and Gujiao fuel storage facilities contributed revenues of $64.8 million and $56.3 million, respectively. Agency fees contributed $5.3 million to revenues.
- Stockholders' Equity increased $37.5 million to $299.2 million, compared with $261.7 million.
Six Months Fiscal Year 2012 Financial Highlights: (Year-over-Year, 6-Month Results)
- Revenues increased 4.9% to $245.0 million, compared with $233.5 million.
- Income Before Taxes increased 72.0% to $43.8 million, compared with $25.4 million.
- GAAP Net Income Attributable to Common Shareholders increased to $33.0 million, compared with $14.3 million.
- Basic EPS increased to $0.33 per share and Diluted EPS to $0.32 per share, compared to $0.15 per Basic EPS and $0.14 per Diluted EPS for the six months ended December 31, 2010.
- The Company's Taiyuan and Gujiao fuel storage facilities contributed revenues of $123.1 million and $111.1 million, respectively. Agency fees contributed $10.8 million to revenues.
Full Press Release
Wednesday, February 8, 2012
Wednesday, February 1, 2012
China Botanic Pharmaceutical Ready To Take Off?
China Botanic Pharmaceutical (CBP) is heavy undervalued with a P/E (Price/Earnings ratio) below 2. Despite that investors still seem to be afraid for the unknown. The fraud risk in this company is low in my opinion.
With the appointment of Mr. Zack Zibing Pan to its Board of Directors on October 15, 2011 they got a heavyweight in their ranks. Mr. Pan is now independent director and chairman of the Audit Committee, and a member of the Nomination and Compensation Committee.
Mr. Pan is a Certified Public Accountant, certified by the Oklahoma State Board of Accountancy. He is also a member of the American Institute of Certified Public Accountants (AICPA) and the Oklahoma Society of Certified Public Accountants (OSCPA). Mr. Pan graduated with a Master of Business Administration from the University of Central Oklahoma in 1999. He obtained his Bachelor of Arts from Anhui University, China in 1988.
"We are delighted and honored to welcome Mr. Pan to our board," said Mr. Shaoming Li, Chairman and Chief Executive Officer of China Botanic. "We are looking forward to working with Mr. Pan and believe that he will help enhance China Botanics' corporate governance and bring his industry and finance expertise to the Board. We believe that the appointment of high-caliber directors to our Board underscores our commitment to corporate governance and integrity."
The fact that it still has some institutional holders gives me faith that Good Times Could Occur In The Nearby Future.
6 Institutional Holders
Read more: http://www.nasdaq.com/symbol/cbp/institutional-holdings#ixzz1lAoy4na0
With the appointment of Mr. Zack Zibing Pan to its Board of Directors on October 15, 2011 they got a heavyweight in their ranks. Mr. Pan is now independent director and chairman of the Audit Committee, and a member of the Nomination and Compensation Committee.
Mr. Pan is a Certified Public Accountant, certified by the Oklahoma State Board of Accountancy. He is also a member of the American Institute of Certified Public Accountants (AICPA) and the Oklahoma Society of Certified Public Accountants (OSCPA). Mr. Pan graduated with a Master of Business Administration from the University of Central Oklahoma in 1999. He obtained his Bachelor of Arts from Anhui University, China in 1988.
"We are delighted and honored to welcome Mr. Pan to our board," said Mr. Shaoming Li, Chairman and Chief Executive Officer of China Botanic. "We are looking forward to working with Mr. Pan and believe that he will help enhance China Botanics' corporate governance and bring his industry and finance expertise to the Board. We believe that the appointment of high-caliber directors to our Board underscores our commitment to corporate governance and integrity."
The fact that it still has some institutional holders gives me faith that Good Times Could Occur In The Nearby Future.
6 Institutional Holders
279,426 Total Shares Held
Click on the column header links to resort ascending (^) or descending (v).
| Owner Name | Date | Shared Held | Change (Shares) | Change(%) | Value(in 1,000s) |
|---|---|---|---|---|---|
| GUERRILLA CAPITAL MANAGEMENT, L.L.C. | 09/30/2011 | 198,450 | 0 | 0.00 | 189 |
| SPARK LP /DE | 09/30/2011 | 64,050 | 43,350 | 209.42 | 61 |
| MAINSTREAM INVESTMENT ADVISERS LLC | 12/31/2011 | 16,926 | 3,000 | 21.54 | 16 |
Read more: http://www.nasdaq.com/symbol/cbp/institutional-holdings#ixzz1lAoy4na0
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