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China watch list
- Thread starter thehangingman
- Start date
XING valuation tough to peg. One thing is for sure clear $17.50 w/ volume and we're off to $20 in short order. From there it's a crap shoot the price estimates are wildly off target:
Valuation using Qiao Xing Universal Telephone 's current multiple (P/E):
Fiscal Year Est Low/High Price Range Avg. Est. Price % Change for Average
12/2006 39.56-39.56 39.56 129.22%
12/2007 63.76-63.76 63.76 269.39%
Let's assume the analyst was a year off and use 06'
price objective for 07' and we can say ultimate full valuation is $39. I'm shooting for mid $20's ASAP!
Valuation using Qiao Xing Universal Telephone 's current multiple (P/E):
Fiscal Year Est Low/High Price Range Avg. Est. Price % Change for Average
12/2006 39.56-39.56 39.56 129.22%
12/2007 63.76-63.76 63.76 269.39%
Let's assume the analyst was a year off and use 06'
price objective for 07' and we can say ultimate full valuation is $39. I'm shooting for mid $20's ASAP!
CHINA +55c in pre market
8:53:33 Comment (CHINA) CDC profiled in Inside Wall Street - BusinessWeek Online -- BusinessWeek Online reports there are more gains ahead for CDC (CHINA), says David Riedel of Riedel Research Group, who is betting on a restructuring, which he says could kick up the shares by a further 50%. China's CDC is a global provider of enterprise software systems, mobile phone services, and online gaming, its fastest-growing unit. Riedel reckons the gaming--with 15% of estimated 2007 revenues of $351 mln and 18% of earnings of 39 cents a share--will be spun off to shareholders and taken public this year. No gambling is involved in CDC's online games, which allow players to compete free of charge. CDC gaming has grown fast and now has 37 mln players. Sasa Zorovic of Oppenheimer also rates CDC a buy and expects both software and gaming to be spun off in 2007. He forecasts profits of 52 cents in 2007 and 61 cents in 2008 vs. an estimated 29 cents in 2006.
8:53:33 Comment (CHINA) CDC profiled in Inside Wall Street - BusinessWeek Online -- BusinessWeek Online reports there are more gains ahead for CDC (CHINA), says David Riedel of Riedel Research Group, who is betting on a restructuring, which he says could kick up the shares by a further 50%. China's CDC is a global provider of enterprise software systems, mobile phone services, and online gaming, its fastest-growing unit. Riedel reckons the gaming--with 15% of estimated 2007 revenues of $351 mln and 18% of earnings of 39 cents a share--will be spun off to shareholders and taken public this year. No gambling is involved in CDC's online games, which allow players to compete free of charge. CDC gaming has grown fast and now has 37 mln players. Sasa Zorovic of Oppenheimer also rates CDC a buy and expects both software and gaming to be spun off in 2007. He forecasts profits of 52 cents in 2007 and 61 cents in 2008 vs. an estimated 29 cents in 2006.
News On JADE*
>LJ Intl Lorenzo Brand selected as a contributor to stars' gift bags at 2007 grammy awards
February 09, 2007 11:02 AM ET
Related Quotes
Symbol Last Chg
JADE Trade 8.23 +0.41
Real time quote.
>LJ Intl Lorenzo Brand selected as a contributor to stars' gift bags at 2007 grammy awards
February 09, 2007 11:02 AM ET
Related Quotes
Symbol Last Chg
JADE Trade 8.23 +0.41
Real time quote.
I've been thinking tonight just what does XING have to do to get mainstream coverage over here? So far they had to pay Dutton Associates for analysis but what if a brokerage house picked up coverage? Then we're talking big time. The company's acquisition of the remaining 20% equity in Qiao Xing Mobile Communication Co. Ltd., which raised its effective interest in CECT (its mobile handsets operation) from 74.7% to 93.4%, might help. As a result, you have to raise earnings per share forecast for full year 2007 from $2.18 to $2.53. A target of $20.24 per share would put the stock at 12.9 times the price to earnings ratio for 2006 and a conservative 8 times the price to earnings ratio for 2007. These numbers OUGHT to get wall streets attention.
Where have all the China Bulls gone?
My God this thread has never been bounced off the 1st ET page before!
CHINA set to move today. I'm looking at a new one. I have not bought yet. China Pharma CPHI. Last year they received approval from the Chinese State Food and Drug Administration (SFDA) to manufacture and market its Granisetron Hydrochloride Injection product.
Granisetron hydrochloride is indicated for the prevention of nausea and vomiting associated with radiation treatment and chemotherapy in cancer patients. It is a highly selective receptor antagonist against 5-hydroxytryptamine 3(5-HT3), which is produced during chemotherapy and radiation treatment that triggers emetic reactions in these patients. Granisetron hydrochloride is a prescription drug and is administered within 30 minutes before initiation of chemotherapy treatment. China Pharma intends to market this product exclusively within the greater China area. Currently, the sales statistics for granisetron products in China are not available; however, the market for injectable granisetron hydrochloride is valued over $1 billion in the U.S. and Canada.
"This new approval underlines the breadth of our product portfolio and pipeline development," commented Zhi-lin Li, President and CEO. "It adds a new dimension to our current extensive product line that treats a wide range of diseases and conditions in the Chinese population, including cardiovascular, CNS and infectious diseases. This product supports our strategy of growth through product development."
>> Big market. Good product. A company with very little cash. I just found out the AM that they did pull off a private placement which infused over $3 mil into the company. I like the way the stock has been tracking- put it on the watch list.
My God this thread has never been bounced off the 1st ET page before!
CHINA set to move today. I'm looking at a new one. I have not bought yet. China Pharma CPHI. Last year they received approval from the Chinese State Food and Drug Administration (SFDA) to manufacture and market its Granisetron Hydrochloride Injection product.
Granisetron hydrochloride is indicated for the prevention of nausea and vomiting associated with radiation treatment and chemotherapy in cancer patients. It is a highly selective receptor antagonist against 5-hydroxytryptamine 3(5-HT3), which is produced during chemotherapy and radiation treatment that triggers emetic reactions in these patients. Granisetron hydrochloride is a prescription drug and is administered within 30 minutes before initiation of chemotherapy treatment. China Pharma intends to market this product exclusively within the greater China area. Currently, the sales statistics for granisetron products in China are not available; however, the market for injectable granisetron hydrochloride is valued over $1 billion in the U.S. and Canada.
"This new approval underlines the breadth of our product portfolio and pipeline development," commented Zhi-lin Li, President and CEO. "It adds a new dimension to our current extensive product line that treats a wide range of diseases and conditions in the Chinese population, including cardiovascular, CNS and infectious diseases. This product supports our strategy of growth through product development."
>> Big market. Good product. A company with very little cash. I just found out the AM that they did pull off a private placement which infused over $3 mil into the company. I like the way the stock has been tracking- put it on the watch list.
I am still here. And really liking this NWD play i have been in. Volume is really picking up and as i mentioned a few days ago this has run back from 1.54ish to now 1.70 with a HOD of 1.79.
Just added ginger powder to its lineup.Looking very bullish looking for a 2.15-2.20 before Q4 numbers release on March 22nd.
New Dragon Asia Corporation (AMEX:NWD - News), one of China's leading flour, instant noodle and soybean powder manufacturers, announced today that it has commenced the production, marketing and shipping of ginger powder. Ginger powder is extracted from raw ginger through an advanced technological process developed by New Dragon Asia. Ginger has long been valued for holistic medicinal purposes and is thought to improve digestion, settle upset stomach, and allay fever and coughing. The product sells for approximately $14,000 per ton, with attractive margins. New Dragon is currently the only producer of ginger powder in China.
Li Xia Wang, New Dragon Asia's CEO said, ``Ginger powder is yet another high quality, high margin product that we are pleased to offer domestically and for export. New Dragon Asia is in a unique position, with both production facilities in close proximity to ginger farm land and the technical know-how to produce ginger powder. We believe that ginger will be a key product in our continued development of the export market in 2007.''
Just added ginger powder to its lineup.Looking very bullish looking for a 2.15-2.20 before Q4 numbers release on March 22nd.
New Dragon Asia Corporation (AMEX:NWD - News), one of China's leading flour, instant noodle and soybean powder manufacturers, announced today that it has commenced the production, marketing and shipping of ginger powder. Ginger powder is extracted from raw ginger through an advanced technological process developed by New Dragon Asia. Ginger has long been valued for holistic medicinal purposes and is thought to improve digestion, settle upset stomach, and allay fever and coughing. The product sells for approximately $14,000 per ton, with attractive margins. New Dragon is currently the only producer of ginger powder in China.
Li Xia Wang, New Dragon Asia's CEO said, ``Ginger powder is yet another high quality, high margin product that we are pleased to offer domestically and for export. New Dragon Asia is in a unique position, with both production facilities in close proximity to ginger farm land and the technical know-how to produce ginger powder. We believe that ginger will be a key product in our continued development of the export market in 2007.''
Just got my mail and BW has a piece in Gene Marcial's
column on CHINA. Restructuring could bring ANOTHER 50% rise to the stock price... I guess that would put it up around $15......
column on CHINA. Restructuring could bring ANOTHER 50% rise to the stock price... I guess that would put it up around $15......
* NEWS ON JADE
LJ International raises Q4, full-yr outlook
Reuters - February 15, 2007 9:40 AM ET
Related Quotes
Symbol Last Chg
JADE Trade 8.5852 +0.3052
Real time quote.
Feb 15 (Reuters) - Hong Kong-based jewelry company LJ International Inc. (JADE) raised its outlook for the fourth quarter and fiscal 2006.
For the fourth quarter, the company now expects to earn 16 cents a share compared with its previous forecast of 4 cents to 11 cents, on revenue of about $40 million compared with the $33 million to $37 million revenue previously forecast, LJ International said in a statement...
She's puulled in a bit here off the open... is this a last chance sort of a set up???????
LJ International raises Q4, full-yr outlook
Reuters - February 15, 2007 9:40 AM ET
Related Quotes
Symbol Last Chg
JADE Trade 8.5852 +0.3052
Real time quote.
Feb 15 (Reuters) - Hong Kong-based jewelry company LJ International Inc. (JADE) raised its outlook for the fourth quarter and fiscal 2006.
For the fourth quarter, the company now expects to earn 16 cents a share compared with its previous forecast of 4 cents to 11 cents, on revenue of about $40 million compared with the $33 million to $37 million revenue previously forecast, LJ International said in a statement...
She's puulled in a bit here off the open... is this a last chance sort of a set up???????