China Is Looking Good In Q4

Article Seeking Alpha

China's SMEs Access The Bond Market

As financings go, the $7.8 million of three-year bonds that Tri-Tech Holding, Inc. (TRIT) issued last month will not set any records for size. The significance of the financing, however, lies in the fact that it foreshadows a promising new source of capital for China’s small and medium-sized private companies.

More

Betting on China: Chinese Stocks, American Stock Markets, and the Wagers on a New Dynamic in Global Capitalism

I just ordered this book and I am curious what the author has to say. Betting on China takes readers on an illuminating journey into the often confusing and poorly understood world of Chinese stock issuances in America.

Quote Of The Day

Buy when you are scared to death; sell when you are tickled to death.

I guess this applies especially for US-listed China stocks. Focus on quality and legitimate companies: Guanwei Recycling (GPRC), Bona Film Group (BONA), Giant Interactive Group (GA), Longwei Petroleum  Investment Holdings (LPH), Trunkbow Int. (TBOW), Tri-Tech Holding (TRIT). Of course there are more legitimate US-listed China stocks, but this was just a selection. All of them are still not going private.

Deyu Agricultural (DEYU) Ready To Fly Soon

Deyu Agriculture Corp. (DEYU) is a vertically integrated producer, processor, marketer and distributor of organic and other agricultural products made from corn and grains operating in China's Shanxi Province. The company has access to over 109,000 acres of farmland in Shanxi Province for breeding, cultivating, processing, warehousing and distributing grain and corn products. Deyu has an extensive wholesale network in over 15 provinces and a retail distribution network of approximately 20,000 supermarkets and convenience stores in 29 provinces across China. Deyu's facilities include advanced production lines and modern warehouses with a total production capacity of over 105,000 tons for grain products, storage capacity of over 100,000 tons and annual turnover of 700,000 tons for corn products.

The company announced that effective October 11, 2012, the Board expanded the number of members serving on the company's Board from five to seven in accordance with the company's bylaws, and subsequently filled the vacancies created by the expansion by appointing Mr. Greg Chen and Mr. Jan Poulsen to serve on the Board until the next following annual meeting of the stockholders of the company, at which such directors shall be eligible for election by the stockholders.

Additionally, Mr. Chen was appointed the President of Deyu, where his responsibilities shall include assisting the Company with its international and domestic market development, enhancing the company's investor relations programs and the execution of those programs and assisting the company with its corporate and operational strategies and business planning.

It seems that the company is looking to uplist to a major exchange. This could become a liquidity play if IR efforts really take off. Liquidity is very low at this moment but this gives risk seeking investors a chance to profit from the current low price. This company definitely deserves some deeper research, especially because of the attractive P/E and book value. 



News release

An Exodus Of U.S.-Listed China Stocks Is Inevitable

Article Seeking Alpha

China Presents Big Opportunity For Hollywood

Article Seeking Alpha

China's Leveraged Buyout Spree Not Ending

Article Seeking Alpha

Trunkbow Int. (TBOW) enough phantasy left!

Q2 results

Q2 results not as bad as it seems. A steal below $1, especially for the future..............

This company needs special attention and maybe some coverage at SA.

American Lorain (ALN) Q2 results

Q2 results

2012 Second Quarter Financial Review

American Lorain Corporation
Selected Financial Statements in USD ($ in 000s)
					3 months ended		3 months ended	% Increase / Decrease
					6/30/2012		6/30/2011
	Sales				$40,816,760		$35,726,650	14.2%
	Cost of Revenues				($32,316,135)		($28,070,066)	15.1%
	Gross Profit				$8,500,625		$7,656,584	11.0%
		Gross Profit Ratio			20.8%		21.4%
	Income from operations				$5,625,735		$4,974,450	13.1%
	Earnings before tax				$4,969,280		$4,747,488	4.7%
	Net income attributable to common stockholders				$3,330,079		$3,262,451	2.1%
	Diluted earnings per share				$0.10		$0.09	11.1%
	Weighted average diluted shares outstanding				34,507,874		35,030,343	-1.5%

Sino Gas International Holdings Q2 Results

Q2 numbers

Sino Gas International Holdings, Inc.

Consolidated Statements of Income

For the three months and six months ended June 30, 2012 and 2011

(Stated in US Dollars)

						Three Months Ended								Six Months Ended
		Note				6/30/2012				6/30/2011				6/30/2012				6/30/2011
Sales revenue			2(p)			$	10,819,666			$	7,875,152			$	21,573,269			$	15,861,422
Cost of revenue							6,472,799				5,472,200				14,539,830				11,038,044
Gross Profit							4,346,867				2,402,952				7,033,439				4,823,378
Operating Expense
Selling expense							749,948				501,291				1,515,635				1,078,152
General and administrative expense							1,126,767				950,168				2,084,131				2,186,056
Total operating expense							1,876,715				1,451,459				3,599,766				3,264,208
Operating Income							2,470,152				951,493				3,433,673				1,559,170
Other Income/(Expense)
Gain on disposal of property and equipment							-				1,115,903				-				1,115,903
Other income							12,362				10				34,699				345
Other expense							(8,352	)			(43,257	)			(127,094	)			(47,220	)
Interest income							54,647				3,463				155,965				5,528
Interest expense							(853,461	)			(501,687	)			(1,625,765	)			(963,409	)
Total other income/(expense)							(794,805	)			574,432				(1,562,195	)			111,147
Income before tax							1,675,348				1,525,925				1,871,478				1,670,317
Income tax			2(r),12				(91,182	)			(316,646	)			(329,439	)			(354,483	)
Gain/(Loss) from discontinued operations, net of tax							-				105,093				-				105,093
Net income							1,584,166			$	1,314,372			$	1,542,039			$	1,420,927
Net income (loss) attributable to:
Common stockholders						$	1,584,292			$	1,336,138			$	1,542,968			$	1,456,659
Non-controlling interest						$	(126	)		$	(21,766	)		$	(929	)		$	(35,732	)
Earnings per share			2(z),13
Basic						$	0.05			$	0.05			$	0.05			$	0.05
Diluted						$	0.05			$	0.04			$	0.05			$	0.05
Weighted Average Shares Outstanding
Basic							31,793,698				27,157,513				31,793,698				27,157,065
Diluted							31,793,698				36,501,007				31,793,698				27,157,065

Book Value $ 2.58

Cash P/S $0.20

Stock Price $0.43

Low liquidity stock but could spike in the nearby future. On April 28, 2012, Mr. Liu submitted a non-binding proposal letter to the Board of Directors (the “Board”) of the Company (the “Proposal Letter”) for the acquisition of all of the Publicly Held Shares (the “Proposed Transaction”). In the Proposal Letter, Mr. Liu, among other things: (i) proposed to acquire the Publicly Held Shares for $0.48 per share; (ii) reported to the Board on the status of his discussions with potential sources of debt financing; (iii) expressed his intention to finance the Proposed Transaction with a combination of debt and equity, with himself providing the necessary equity from his own holdings of Common Stock; (iv) indicated that he currently has no arrangements with potential sources of debt or equity financing, and that he does not propose to enter into any exclusivity agreement prior to reaching transaction terms approved by the Board; and (v) upon the Board’s approval, he is prepared to proceed with arranging financing and to finalize the terms of the Proposed Transaction in definitive transaction documents.

OFFER HAS TO BE AT LEAST $1.20.................OTHERWISE IT WOULD NOT BE A FAIR OFFER!