Posted by AGORACOM
at 10:08 PM on Thursday, April 1st, 2010
It’s Holy Thursday and I should be heading for my annual midnight appearance at church, so I will keep this short and continue over the next couple of days. Specifically, one good thing about today is that I can finally open up to a reality that we’ve been living with ever since the following:
Most on AGORACOM know these stories very well. For those of you who don’t, have a quick read as I’m just too tired. The fact of the matter is that, despite doing our job and teaming up with members to launch two of the greatest online retail investor revolts in recent memory, AGORACOM was blackballed immediately after both events and the repercussions haven’t stopped hitting us ever since.
We did our job. We even created some history – and we got blackballed.
Why? As one prominent executive in the small-cap mining space told us “You cost a lot of these big guys a lot of money….and they’re not happy”
The old guard simply doesn’t want retail investors to have a say. Buy stock or don’t buy stock, we don’t care. Just shut up and take a seat at the back.
Posted by AGORACOM
at 8:29 PM on Thursday, April 1st, 2010
TORONTO, APRIL 1, 2010 – AGORACOM, North America’s leading small-cap online investor relations firm and second-generation online financial community provides the following response to Ontario Securities Commission allegations announced earlier today.
George Tsiolis, Founder of AGORACOM, stated “It is an understatement to say that we are all shocked to receive the allegations made by the OSC earlier today. As the person who founded this company from his home, based on a passion to create a better online investor relations model for the small-cap industry, we at AGORACOM have strived to do nothing less than deliver great, affordable and cost-efficient solutions of the highest standards. Since inception, AGORACOM has spoken out against the pitfalls of an industry plagued by fast-money boiler rooms, e-mail and fax spam, and chose to focus on long-term online investor relations campaigns. This includes search engine marketing and other Web 2.0 strategies that provide small-cap companies with an opportunity to connect with investors, something that was never before possible. We at AGORACOM are extremely proud of this feat, outright disagree with allegations made by the OSC and look forward to vigorously defending them at any future proceeding.â€
ALLEGATION – FRAUDULENT POSTINGS BY AGORACOM
The OSC allegation of fraud pertaining to traffic and activity on client HUBS is unfounded and without merit. AGORACOM initiated conversation on some client HUBS to simply act as a catalyst to spark conversation amongst members and forum users.
As a new medium that is still unfamiliar, the initiating of conversation was also meant to remove inhibitions of members that often feared being the first to post or “sound stupidâ€- a dynamic that is common to most social settings.
Tsiolis added “We are all acutely aware of the dynamic in which complete strangers are brought together into a community for the first time and the inhibitions that prevent people from interacting. From our first days in school, to our first high-school dance, to the local town hall meeting, people are naturally afraid to be the first to speak or act. The minority of people that do tend to speak or act first tend to be the best, brightest or loudest in the group, which further drives the inhibitions of the majority. My extensive face-to-face experience with small-cap investors has shown they are no different. I have heard time and time again about their fear of asking “simple†questions that might demonstrate a perceived lack of knowledge, or contributing information that isn’t “smartâ€. We helped those investors open up and begin sharing their knowledge.â€
Although AGORACOM has been advised by counsel not to respond to the OSC allegations publicly, AGORACOM feels it is important to put the alleged quantity of posts in context.
First, AGORACOM client HUBS during the period in question ranged between approximately 30 – 90, while non-client HUBS ranged between 300 – 2,000.
Secondly, AGORACOM traffic during the period in question (as measured by Google Analytics) provides further relevant context to the statistics used by the OSC.
o Absolute Unique Visitors 2.204 million
o Visits 14.036 million
o Page Views 163.11 million
o Total Clients 170
o Total Countries/Territories 217
* AGORACOM began using Google Analytics in July of 2007, so no traffic figures are available for approximately 11 of the first 35 months in question.
Moreover, for the years 2008 – 2009, AGORACOM employees accounted for just 0.23%, or just under ¼ of 1% of total visits to the site.
Finally, AGORACOM outright rejects any allegation or insinuation that AGORACOM posts were intended to be promotional and promoted purchasing or holding of stock in order to increase the value of stock options in our clients. To this end, senior account executives of AGORACOM provided the following unified statement today:
“This allegation is simply untrue. In fact, we were repeatedly instructed and reminded by both Mr. Tsiolis and Mr. Kondakos to not post promotional materials and provide information and dialogue that will stimulate conversation. The fact that a former employee decided to use the message boards for his own benefit last year is unfortunate but in no way reflects the honest and hard work that we have delivered to our clients over the last several years. â€
Tsiolis concluded “Our experience unequivocally demonstrates that small-cap clients engage AGORACOM for its ability to use Web 2.0 strategies to reach potential investors and audiences that could not otherwise be reached through traditional investor relations methods. Those services are listed below. This is what clients are promised, this is what AGORACOM delivers.â€
o Search Engine Marketing
o Exposure On Our Tier-1 Content Partner Sites
o Exposure On Global Mobile Partner Sites
o iTunes Videos and Audios
o YouTube Videos
o Podcasting
o Webcasting
o Blogosphere Marketing
o Daily Video Broadcasts
o National Business Television Advertising
o Online Conferences
o Twitter Exposure
AGORACOM has not received any supporting documentation from the OSC to support its allegations. We look forward to defending our reputation vigorously.
About AGORACOM – Online Investor Relations Firm For Small-Cap Companies
AGORACOM Investor Relations is North America’s leading online investor relations firm for small-cap companies. We have partnered with some of the world’s biggest Internet and mobile companies to market our clients to a massive and targeted audience of new small-cap investors. Our traffic ranking is above the top 1% of all websites around the world, with almost 2.5 million visitors, 15.7 million visits and 168 million page views from 220 countries and territories in 2008-2009 (As tracked by Google Analytics).
1] The obvious reason – China is the fastest growing economy on the planet and nothing is going to slow down its ascent over the next 50 years and beyond. Investing in growth companies there just makes too much sense.
2] Great Results and Valuations – Many Small Cap Chinese Companies are listing in the US (OTCBB, NYSE Alternext and NASDAQ) with great financial results. Unlike many dubious US Small Cap Companies, Chinese Companies don’t seem to believe in losing money or failing to execute in a business plan. As such, 7-digit revenues and profits are very common.
From a valuation point of view, many Chinese companies became a victim of their own success in Q4 2008 and Q1 2009. Why? When the world needed to start liquidating, one of the first places they looked were China where most investors had significant gains to sell into. This resulted in the proverbial baby being thrown out with the bathwater and some great valuations.
China Armco Metals, Inc. is engaged in the sale and distribution of metal ore and non-ferrous metals throughout the PRC and has entered the recycling business with the recent launch of operations of a 1-million ton per year shredder and recycler of metals located on 32 acres of land acquired by China Armco. China Armco maintains customers throughout China which includes the fastest growing steel producing mills and foundries in the PRC.
On April 1st, 2010 the Company announced its financial outlook for its 2010 year ending December 31, 2010.
1. ChinaSecurities.com – ChinaSecurities.com tracks 250 of the best small cap and mid cap companies trading on North American exchanges. It provides you with the best of the best in two ways. First, the front page lists the best news of the day coming out of the space. It does so by giving you a text view of the best press releases by industry and via Chinese Stocks TV, a 5-minute broadcast every morning just after the open. Chinese Stocks TV is archived, so you can catch up on shows you missed.
Second, if you want to research each of the 250 companies to find candidates for your portfolio, it has a very intuitive directory that lets you quickly review each company on the master list, or parse it out by industry and exchange if you have a particular sector of interest. Cool stuff.
2. Right here on AGORACOM, you can refer to our China category for other featured Chinese Small-Cap Companies. As always, we will disclose any IR relationship with any public company. Given the sheer number of great Chinese Small-Cap Companies out there, you can expect us NOT to have an IR relationship with most of these companies.
Regards,
George
Posted in China | Comments Off on ChinaSecurities.com Small-Cap Company Feature: China Armco Metals
1] The obvious reason – China is the fastest growing economy on the planet and nothing is going to slow down its ascent over the next 50 years and beyond. Investing in growth companies there just makes too much sense.
2] Great Results and Valuations – Many Small Cap Chinese Companies are listing in the US (OTCBB, NYSE Alternext and NASDAQ) with great financial results. Unlike many dubious US Small Cap Companies, Chinese Companies don’t seem to believe in losing money or failing to execute in a business plan. As such, 7-digit revenues and profits are very common.
From a valuation point of view, many Chinese companies became a victim of their own success in Q4 2008 and Q1 2009. Why? When the world needed to start liquidating, one of the first places they looked were China where most investors had significant gains to sell into. This resulted in the proverbial baby being thrown out with the bathwater and some great valuations.
China Clean Energy, through its wholly-owned subsidiaries, Fujian Zhongde Technology Co., Ltd. and Fujian Zhongde Energy Co., Ltd, is engaged in the development, manufacturing, and distribution of biodiesel and specialty chemical products made from renewable resources.
On April 1st, 2010, the Company reported its financial results for the fourth quarter and fiscal year ended December 31, 2009.
— Revenue totaled $4.9 million, up 18.5% from the same period in 2008
— Gross profit totaled $0.9 million, up 52.4% from the same period in 2008
— Gross margin increased 410 basis points to 18.4% from 14.3%
— Operating income was $0.3 million, compared to operating loss of $0.2Â million in the fourth quarter 2008
— Net income was $0.6 million, or $0.02 per fully-diluted share, compared to a net loss of $0.6 million, or $0.02 per fully-diluted share in the fourth quarter 2008
— Cash and cash equivalents of $4.2 million at year-end 2009, compared to $2.9 million at year-end 2008
Fiscal Year 2009 Highlights
— Total revenue decreased 12.3% in 2009 to $15.9 million
— Gross profit totaled $2.9 million
— Gross margin was 18.5%
— Operating income was $0.9 million
— Net loss was $0.3 million, or $0.01 per fully-diluted share, compared to net income of $0.6 million, or $0.02 per fully-diluted share in 2008
— Adjusted net income (Non-GAAP) was $1.0 million, or $0.03 per fully-diluted share
YOUR RESEARCH STARTING POINTS FOR CHINESE SMALL CAP AND MID CAP COMPANIES
1. ChinaSecurities.com – ChinaSecurities.com tracks 250 of the best small cap and mid cap companies trading on North American exchanges. It provides you with the best of the best in two ways. First, the front page lists the best news of the day coming out of the space. It does so by giving you a text view of the best press releases by industry and via Chinese Stocks TV, a 5-minute broadcast every morning just after the open. Chinese Stocks TV is archived, so you can catch up on shows you missed.
Second, if you want to research each of the 250 companies to find candidates for your portfolio, it has a very intuitive directory that lets you quickly review each company on the master list, or parse it out by industry and exchange if you have a particular sector of interest. Cool stuff.
2. Right here on AGORACOM, you can refer to our China category for other featured Chinese Small-Cap Companies. As always, we will disclose any IR relationship with any public company. Given the sheer number of great Chinese Small-Cap Companies out there, you can expect us NOT to have an IR relationship with most of these companies.
Regards,
George
Posted in China | Comments Off on ChinaSecurities.com Small-Cap Company Feature: China Clean Energy
1] The obvious reason – China is the fastest growing economy on the planet and nothing is going to slow down its ascent over the next 50 years and beyond. Investing in growth companies there just makes too much sense.
2] Great Results and Valuations – Many Small Cap Chinese Companies are listing in the US (OTCBB, NYSE Alternext and NASDAQ) with great financial results. Unlike many dubious US Small Cap Companies, Chinese Companies don’t seem to believe in losing money or failing to execute in a business plan. As such, 7-digit revenues and profits are very common.
From a valuation point of view, many Chinese companies became a victim of their own success in Q4 2008 and Q1 2009. Why? When the world needed to start liquidating, one of the first places they looked were China where most investors had significant gains to sell into. This resulted in the proverbial baby being thrown out with the bathwater and some great valuations.
Through its wholly-owned operating subsidiaries, Emerald Dairy, Inc. is a producer and distributor of infant and children’s formula, milk powder and soybean products in the People’s Republic of China. The Company’s products are sold under two brand names — “Xing An Ling,” designed for low-end customers, and “Yi Bai,” designed for middle and high-end customers. They are distributed throughout 20 provinces in mainland Chinaand sold in over 5,800 retail outlets.
On April 1st 2010, the Company announced results for the fiscal year endedDecember 31, 2009.
1. ChinaSecurities.com – ChinaSecurities.com tracks 250 of the best small cap and mid cap companies trading on North American exchanges. It provides you with the best of the best in two ways. First, the front page lists the best news of the day coming out of the space. It does so by giving you a text view of the best press releases by industry and via Chinese Stocks TV, a 5-minute broadcast every morning just after the open. Chinese Stocks TV is archived, so you can catch up on shows you missed.
Second, if you want to research each of the 250 companies to find candidates for your portfolio, it has a very intuitive directory that lets you quickly review each company on the master list, or parse it out by industry and exchange if you have a particular sector of interest. Cool stuff.
2. Right here on AGORACOM, you can refer to our China category for other featured Chinese Small-Cap Companies. As always, we will disclose any IR relationship with any public company. Given the sheer number of great Chinese Small-Cap Companies out there, you can expect us NOT to have an IR relationship with most of these companies.
Regards,
George
Posted in China | Comments Off on ChinaSecurities.com Small-Cap Company Feature: Emerald Dairy
1] The obvious reason – China is the fastest growing economy on the planet and nothing is going to slow down its ascent over the next 50 years and beyond. Investing in growth companies there just makes too much sense.
2] Great Results and Valuations – Many Small Cap Chinese Companies are listing in the US (OTCBB, NYSE Alternext and NASDAQ) with great financial results. Unlike many dubious US Small Cap Companies, Chinese Companies don’t seem to believe in losing money or failing to execute in a business plan. As such, 7-digit revenues and profits are very common.
From a valuation point of view, many Chinese companies became a victim of their own success in Q4 2008 and Q1 2009. Why? When the world needed to start liquidating, one of the first places they looked were China where most investors had significant gains to sell into. This resulted in the proverbial baby being thrown out with the bathwater and some great valuations.
TODAY’S FEATURED COMPANY
They are a provider of distributed power generation systems in China and a fast-growing manufacturer of wind turbines. In fact, they are the largest provider of distributed power generation systems in China and they built China’s largest wind turbine manufacturing facility so this is a real serious company.
On March 31, 2010, the Company reported its unaudited financial results for the fourth quarter, and the fiscal year endedDecember 31, 2009.
4Q09 Financial Highlights
— Revenues were $125.9 million for a 54.6% year-over-year increase;
— Gross margin was 21.3% vs. 17.8% in 4Q08;
— Excluding the expenses and non-cash losses related to the convertible
bond and warrants, non-GAAP Net Income attributable to common
shareholders for Q4 was $20.6 million, or non-GAAP diluted EPS $0.61;
— GAAP loss was $23.9 million, or $0.69 per diluted share;
— Cash, Cash equivalent and restricted cash were $179.8 million.
Fiscal Year 2009 Highlights
— Annual net revenue increased 17.5% year-over-year to $311.3 million;
— Gross margin was 16.4%;
— Operating income rose to $38.4 million from $28.2 million in 2008;
— Excluding the expenses and non-cash losses related to the convertible
bond and warrants, non-GAAP Net Income attributable to common
stockholders for the fiscal year 2009 was $36.1 million, or non-GAAP
EPS $1.05;
— GAAP net loss was $16.7 million, or $0.49 diluted per share.
YOUR RESEARCH STARTING POINTS FOR CHINESE SMALL CAP AND MID CAP COMPANIES
1. ChinaSecurities.com – ChinaSecurities.com tracks 250 of the best small cap and mid cap companies trading on North American exchanges. It provides you with the best of the best in two ways. First, the front page lists the best news of the day coming out of the space. It does so by giving you a text view of the best press releases by industry and via Chinese Stocks TV, a 5-minute broadcast every morning just after the open. Chinese Stocks TV is archived, so you can catch up on shows you missed.
Second, if you want to research each of the 250 companies to find candidates for your portfolio, it has a very intuitive directory that lets you quickly review each company on the master list, or parse it out by industry and exchange if you have a particular sector of interest. Cool stuff.
2. Right here on AGORACOM, you can refer to our China category for other featured Chinese Small-Cap Companies. As always, we will disclose any IR relationship with any public company. Given the sheer number of great Chinese Small-Cap Companies out there, you can expect us NOT to have an IR relationship with most of these companies.
Regards,
George
Posted in China | Comments Off on ChinaSecurities.com Small-Cap Company Feature: A-Power Energy Generation Systems
1] The obvious reason – China is the fastest growing economy on the planet and nothing is going to slow down its ascent over the next 50 years and beyond. Investing in growth companies there just makes too much sense.
2] Great Results and Valuations – Many Small Cap Chinese Companies are listing in the US (OTCBB, NYSE Alternext and NASDAQ) with great financial results. Unlike many dubious US Small Cap Companies, Chinese Companies don’t seem to believe in losing money or failing to execute in a business plan. As such, 7-digit revenues and profits are very common.
From a valuation point of view, many Chinese companies became a victim of their own success in Q4 2008 and Q1 2009. Why? When the world needed to start liquidating, one of the first places they looked were China where most investors had significant gains to sell into. This resulted in the proverbial baby being thrown out with the bathwater and some great valuations.
China Wind Systems supplies forged rolled rings to the wind power and other industries and industrial equipment to the textile and energy industries in China. With its newly finished state-of-the-art production facility, the Company plans to increase its production and shipment of high-precision rolled rings and other essential components primarily to the wind power and other industries.
On March 31, 2010, announced its financial results for the fourth quarter and fiscal year ended December 31, 2009.
Fourth Quarter 2009 Highlights
— Net revenues increased 45.9% year over year to $15.9 million
— Revenue from the sale of forged products for the wind power and other
industries increased 111.4% year over year to $10.5 million, or 65.9%
of net revenues
— Revenue from the sale of forged products exclusively to the wind power
industry increased 327.1% year over year to $6.8 million, or 43.0% of
net revenue
— Gross profit increased 63.2% year over year to $4.3 million
— Net income allocable to common shareholders was $1.1 million, or $0.05
per diluted share
— Excluding a $1.6 million deemed preferred dividend and other non-cash
expenses, adjusted net income was $2.7 million, or $0.11 per diluted
share, up 86.0% year-over-year
2009 Full Year Highlights
— Net revenues increased 26.4% to $53.5 million year over year
— Revenue from the sale of forged products for the wind power and other
industries increased 104.2% year over year to $35.7 million, or 66.8%
of net revenues
— Revenue from the sale of forged products exclusively to the wind power
industry increased 198.5% year over year to $20.1 million, or 37.6% of
net revenue
— Gross profit increased 22.5% to $12.9 million
— Net income allocable to common shareholders was $5.6 million, or $0.24
per diluted share
— Excluding deemed preferred dividends and other non-cash expenses,
adjusted net income was $7.8 million, or $0.34 per diluted share, up
35.1% from adjusted net income of $5.8 million, or $0.27 per diluted
share, in 2008
— Opened new forged product manufacturing facility in Wuxi City
— Began construction of electro-slag remelted production line
— Listed on the NASDAQ Global Market
YOUR RESEARCH STARTING POINTS FOR CHINESE SMALL CAP AND MID CAP COMPANIES
1. ChinaSecurities.com – ChinaSecurities.com tracks 250 of the best small cap and mid cap companies trading on North American exchanges. It provides you with the best of the best in two ways. First, the front page lists the best news of the day coming out of the space. It does so by giving you a text view of the best press releases by industry and via Chinese Stocks TV, a 5-minute broadcast every morning just after the open. Chinese Stocks TV is archived, so you can catch up on shows you missed.
Second, if you want to research each of the 250 companies to find candidates for your portfolio, it has a very intuitive directory that lets you quickly review each company on the master list, or parse it out by industry and exchange if you have a particular sector of interest. Cool stuff.
2. Right here on AGORACOM, you can refer to our China category for other featured Chinese Small-Cap Companies. As always, we will disclose any IR relationship with any public company. Given the sheer number of great Chinese Small-Cap Companies out there, you can expect us NOT to have an IR relationship with most of these companies.
1] The obvious reason – China is the fastest growing economy on the planet and nothing is going to slow down its ascent over the next 50 years and beyond. Investing in growth companies there just makes too much sense.
2] Great Results and Valuations – Many Small Cap Chinese Companies are listing in the US (OTCBB, NYSE Alternext and NASDAQ) with great financial results. Unlike many dubious US Small Cap Companies, Chinese Companies don’t seem to believe in losing money or failing to execute in a business plan. As such, 7-digit revenues and profits are very common.
From a valuation point of view, many Chinese companies became a victim of their own success in Q4 2008 and Q1 2009. Why? When the world needed to start liquidating, one of the first places they looked were China where most investors had significant gains to sell into. This resulted in the proverbial baby being thrown out with the bathwater and some great valuations.
LDK Solar Co., Ltd. Â is a leading vertically integrated manufacturer of photovoltaic (PV) products and the world’s largest producer of multicrystalline wafers. LDK Solar manufactures polysilicon, mono and multi crystalline ingots, wafers, modules, and engages in project development activities in selected segments of the PV market.
On March 30th, 2010, LDK reported its unaudited financial results for the fourth quarter ended December 31, 2009.
Shipped 340.4 MW of wafers in the fourth quarter, up 33.8% year-over-year;
Gross margin for the fourth quarter of fiscal 2009 was 9.9%;
Net loss was $7.3 million, or $0.07 per diluted ADS for the fourth quarter;
Increased wafer capacity to 1.8 GW in 2009;
Sold 15% ownership stake in 15,000 metric ton (MT) annualized capacity polysilicon plant to Jiangxi International Trust and Investment Co., Ltd. for proceeds of approximately $219.7 million; and
Completed follow-on public offering and received net proceeds of $111.0 million.
YOUR RESEARCH STARTING POINTS FOR CHINESE SMALL CAP AND MID CAP COMPANIES
1. ChinaSecurities.com – ChinaSecurities.com tracks 250 of the best small cap and mid cap companies trading on North American exchanges. It provides you with the best of the best in two ways. First, the front page lists the best news of the day coming out of the space. It does so by giving you a text view of the best press releases by industry and via Chinese Stocks TV, a 5-minute broadcast every morning just after the open. Chinese Stocks TV is archived, so you can catch up on shows you missed.
Second, if you want to research each of the 250 companies to find candidates for your portfolio, it has a very intuitive directory that lets you quickly review each company on the master list, or parse it out by industry and exchange if you have a particular sector of interest. Cool stuff.
2. Right here on AGORACOM, you can refer to our China category for other featured Chinese Small-Cap Companies. As always, we will disclose any IR relationship with any public company. Given the sheer number of great Chinese Small-Cap Companies out there, you can expect us NOT to have an IR relationship with most of these companies.
Regards,
George
Posted in China | Comments Off on ChinaSecurities.com Small-Cap Company Feature: LDK Solar
1] The obvious reason – China is the fastest growing economy on the planet and nothing is going to slow down its ascent over the next 50 years and beyond. Investing in growth companies there just makes too much sense.
2] Great Results and Valuations – Many Small Cap Chinese Companies are listing in the US (OTCBB, NYSE Alternext and NASDAQ) with great financial results. Unlike many dubious US Small Cap Companies, Chinese Companies don’t seem to believe in losing money or failing to execute in a business plan. As such, 7-digit revenues and profits are very common.
From a valuation point of view, many Chinese companies became a victim of their own success in Q4 2008 and Q1 2009. Why? When the world needed to start liquidating, one of the first places they looked were China where most investors had significant gains to sell into. This resulted in the proverbial baby being thrown out with the bathwater and some great valuations.
China Energy Corporation produces and processes raw coal for domestic heating, electrical generation and coking purposes for steel production primarily in the People’s Republic of China, and acts as a brokerage in facilitating coal trade transactions. The Company produces coal through its subsidiary Inner Mongolia Tehong Coal Group Co, Ltd. (“Coal Group”) and supplies heating and electricity requirements throughout the XueJiaWan district through its subsidiary Inner Mongolia Zhunger Heat Power Co., Ltd. (“Heat Power”).
On March 29th, 2010, the company announced financial results for the fourth quarter and fiscal year 2009.
– Fourth quarter 2009 revenue up approximately 300% to $21.9 million; net income $6.6 million
– Fiscal-year 2009 revenue up 110% to $41.7 million; net income $5.1 million
– Fiscal-year 2009 cash flow from operations of $13.2 million
– Mine expansion and improvement program completed in August 2009 contributed to Q4 2009 gains and will contribute to 2010 growth
YOUR RESEARCH STARTING POINTS FOR CHINESE SMALL CAP AND MID CAP COMPANIES
1. ChinaSecurities.com – ChinaSecurities.com tracks 250 of the best small cap and mid cap companies trading on North American exchanges. It provides you with the best of the best in two ways. First, the front page lists the best news of the day coming out of the space. It does so by giving you a text view of the best press releases by industry and via Chinese Stocks TV, a 5-minute broadcast every morning just after the open. Chinese Stocks TV is archived, so you can catch up on shows you missed.
Second, if you want to research each of the 250 companies to find candidates for your portfolio, it has a very intuitive directory that lets you quickly review each company on the master list, or parse it out by industry and exchange if you have a particular sector of interest. Cool stuff.
2. Right here on AGORACOM, you can refer to our China category for other featured Chinese Small-Cap Companies. As always, we will disclose any IR relationship with any public company. Given the sheer number of great Chinese Small-Cap Companies out there, you can expect us NOT to have an IR relationship with most of these companies.
Regards,
George
Posted in China | Comments Off on ChinaSecurities.com Small-Cap Company Feature: China Energy Corp.
1] The obvious reason – China is the fastest growing economy on the planet and nothing is going to slow down its ascent over the next 50 years and beyond. Investing in growth companies there just makes too much sense.
2] Great Results and Valuations – Many Small Cap Chinese Companies are listing in the US (OTCBB, NYSE Alternext and NASDAQ) with great financial results. Unlike many dubious US Small Cap Companies, Chinese Companies don’t seem to believe in losing money or failing to execute in a business plan. As such, 7-digit revenues and profits are very common.
From a valuation point of view, many Chinese companies became a victim of their own success in Q4 2008 and Q1 2009. Why? When the world needed to start liquidating, one of the first places they looked were China where most investors had significant gains to sell into. This resulted in the proverbial baby being thrown out with the bathwater and some great valuations.
KHD Humboldt Wedag International Ltd. (“KHD”)Â announced in the first quarter of 2010 that it intends to restructure KHD into two distinct legal entities through the distribution to KHD’s shareholders, on a pro rata basis, of approximately 26 percent of the shares of its subsidiary, KHD Humboldt Wedag International (Deutschland) AG (the “Arrangement”).
And on March 26th, 2010, Humboldt announced results for the fourth quarter and year ended December 31, 2009.
Revenues in the fourth quarter of 2009 were $210.2 million, an increase of 41.8 percent compared with the third quarter of 2009
Gross profit, excluding the impact of terminated contracts, was$48.1 million
KHD’s balance sheet remains strong. As of December 31, 2009, our cash and cash equivalents increased to$420.6 million (as compared to $409.1 million at the end of 2008)
YOUR RESEARCH STARTING POINTS FOR CHINESE SMALL CAP AND MID CAP COMPANIES
1. ChinaSecurities.com – ChinaSecurities.com tracks 250 of the best small cap and mid cap companies trading on North American exchanges. It provides you with the best of the best in two ways. First, the front page lists the best news of the day coming out of the space. It does so by giving you a text view of the best press releases by industry and via Chinese Stocks TV, a 5-minute broadcast every morning just after the open. Chinese Stocks TV is archived, so you can catch up on shows you missed.
Second, if you want to research each of the 250 companies to find candidates for your portfolio, it has a very intuitive directory that lets you quickly review each company on the master list, or parse it out by industry and exchange if you have a particular sector of interest. Cool stuff.
2. Right here on AGORACOM, you can refer to our China category for other featured Chinese Small-Cap Companies. As always, we will disclose any IR relationship with any public company. Given the sheer number of great Chinese Small-Cap Companies out there, you can expect us NOT to have an IR relationship with most of these companies.
Regards,
George
Posted in China | Comments Off on ChinaSecurities.com Small-Cap Company Feature: KHD Humboldt Wedag International Ltd.
