It must be on steroids or something. I mean they just have a public offer $4.75/ share, 2 weeks later it's traded at $10.00/share. Wtf? It's either the accountants are so incompetent to assess its stock price or investors see a huge potential in this company. I sold my only 200 shares @ $6.00 for 10% gain, I thought that was a good deal. Lol.
PUDA
I sold a little today. Didnt have a chance to post, but they put out guidance for 2010 at $1-$1.50 EPS, pretty much where my projections were (I was thinking around $1.40 EPS). So, the market immediately gave them a PE of appx 10 on the low-end guidance today.
Right now, Coal is on-fire .. LLEN and PUDA both setting new 52-wk highs. SGZH soon to follow imo. I wouldnt sell all of it, PUDA is probably heading to $12-15 over the next week or two if the market continues to rally.
You gotta realize they needed to price the secondary during the 9% correction of the stock market. Private placement investors arent going to pay the same price for the stock as they can buy it in the market for, so they had to get a discount. The price was about $6 when they signed the deal, so technically it was only about a 20% discount to market value, which is quite typical in these types of funding deals.
CCME, BSPM, TSTC and more ...
The Rodman Conference is in Beijing on Monday and Tuesday. Click on Conference Schedule for times, and on Conference Webcasting for those being webcast and to signup.
http://www.rodm.com/conferences?id=49&link=presenters
Time differences are:
minus 13hr for EST
minus 14hr for CST
minus 15hr for MST
minus 16hr for PST
Check here for confirmation of that:
http://www.timeanddate.com/worldclock/difference.html?p1=33
If you intend to see the webcast of CCME (Mon. 3:40pm Beijing time) and are in the EST timezone, tune in on Monday at 2:40am EST.
The Rodman Conference is in Beijing on Monday and Tuesday. Click on Conference Schedule for times, and on Conference Webcasting for those being webcast and to signup.
http://www.rodm.com/conferences?id=49&link=presenters
Time differences are:
minus 13hr for EST
minus 14hr for CST
minus 15hr for MST
minus 16hr for PST
Check here for confirmation of that:
http://www.timeanddate.com/worldclock/difference.html?p1=33
If you intend to see the webcast of CCME (Mon. 3:40pm Beijing time) and are in the EST timezone, tune in on Monday at 2:40am EST.
To each his own. If you can find the type of growth these China stocks have in another company, I'd happily take a look at it. But, it's not easy to find. EAR and DJSP are the only American stocks I follow right now. Both are going much higher.
Show me the potential to make 200-500% ROI in the next 2-3 years on any American stocks you find and I might be intereted; otherwise, I've already bought my tickets to the best and cheapest show in town. Just need to grab the popcorn and wait for Wall St to come to me.
I'm waiting for EAR to report their financials to get a better idea of how quickly the growth from the exclusive AARP contract shows up in their financials -- their AARP plan will be rolling out nationwide over the next few years.
If the growth is already apparent in the Q they are reporting on March 22nd, then yes, absolutely it will become a table-pounder.
Lets wait until Monday, the 22nd to make that call. But I have a moderate position going into earnings just in case it pops ... I dont see it selling-off much more than $1.30 regardless, so down-side is minimal.
CCME Presentation:
Most interesting parts of the presentation included a description of relationship with Transportation Ministry providing significant barriers to entry and the discussion of advertising rates, wherein CCME's CPM are significantly lower than other competing advertising mediums, providing advertisers considerable value in addition to enabling CCME pricing flexibility (increases) over time.
At the same time, audience engagment is very high given the medium and display environment, reaching hundreds of millions on an average 2.5 hour bus ride.CCME discussed its 100MM COH and a question was asked about the use of this money - CCME replied that the 100MM means that "they do not have all their chips in one basket" and moving forward they expect 50% organic growth and 50% from M&A, specifically acquisition in areas that they currently do not serve.
They also said they are exploring other forms of outdoor media. Also very impressive are the financials, specifically revenue growth (which we were aware of) and also extremely high margins.
Most interesting parts of the presentation included a description of relationship with Transportation Ministry providing significant barriers to entry and the discussion of advertising rates, wherein CCME's CPM are significantly lower than other competing advertising mediums, providing advertisers considerable value in addition to enabling CCME pricing flexibility (increases) over time.
At the same time, audience engagment is very high given the medium and display environment, reaching hundreds of millions on an average 2.5 hour bus ride.CCME discussed its 100MM COH and a question was asked about the use of this money - CCME replied that the 100MM means that "they do not have all their chips in one basket" and moving forward they expect 50% organic growth and 50% from M&A, specifically acquisition in areas that they currently do not serve.
They also said they are exploring other forms of outdoor media. Also very impressive are the financials, specifically revenue growth (which we were aware of) and also extremely high margins.
<table style="width: 206px; height: 92px;" summary="Displays trading data for this security" border="0" cellpadding="0" cellspacing="0"><tbody><tr><th scope="row">SGZH
Last [Tick]</th><td class="bold">
$11.00[-]</td></tr><tr><th scope="row">Change</th><td class="increase">
$1.55</td></tr><tr><th scope="row">% Change</th><td class="increase">
16.40%
</td></tr></tbody></table>
Very nice.
And right now I'm a little pissed I couldn't get one of those .24 CHFI fills.
Last [Tick]</th><td class="bold">
$11.00[-]</td></tr><tr><th scope="row">Change</th><td class="increase">
</td></tr></tbody></table>
Very nice.
And right now I'm a little pissed I couldn't get one of those .24 CHFI fills.
APWR was just an options trade for me ... didnt work out, not invested there anymore.
As for CCME, earnings are just around the corner.
Take advantage of the weakness due to a director resigning ... which was because he had a conflict of interest as he was pursuing another opportunity. CCME is cheap, you just have to be patient for another week or two tops.
