GULF RESOURCES INC(OTC BB: GFRE)>> Focus its P/E ratio! It's .3's which drive your attempt of investment reward!!
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Re: CHINA DIGITAL COMM(OTC BB: CHID)
August 6, 2008 by discussionstock
"CHINA DIGITAL COMM(OTC BB: CHID)" : Price flows around…and will be a downswing trend by hints on stock chart and history data. Banker and main stockholders must be busy for some liquidation and arbitrage behavior……
Re: HOME SYSTEM GROUP(OTC BB: HSYT)
August 6, 2008 by discussionstock
wise up guys, always a troublesome stock for bankers and major stockholders! - HSYT
a) Have difficulty in running for a huge volume TILL NOW after listed.
b) Bad revenue and earning streams.
c) A pending and "NO FUTURE" acquisition.
Business collapse?? No customer?? bad exchange rate?? who knows ...Not a good time to buy in!!!!
CHINA DIGITAL COMM(OTC BB: CHID)
July 31, 2008 by discussionstock
business recover?
If yes, what changed?
Any immediate geographic area and expect to complete several asset purchases so as to a HUGE volume on stock, sold out at a good price....some guys is doing this behind the scenes...
Re: Gulf Resources, Inc. (OTCBB: GFRE)
July 31, 2008 by discussionstock
Why would you be worried, it is a great sign that Gulf went up with a huge volume. We view GFRE shares as attractively valued relative to three-year revenue and earnings.
Dear Mary, it must be a growth 2nd Quarter...
HOME SYSTEM GROUP(OTC BB: HSYT)
July 30, 2008 by discussionstock
RMB currency appreciation effect? so low! ...ouch, where is the business
CHINA DIGITAL COMM(OTC BB: CHID)
July 30, 2008 by discussionstock
Let's view this stock's revenue and earnings, it's dropping...so bad exchange rate and doubt on its volumn/price/...
Re: Gulf Resources, Inc. (OTCBB: GFRE)
July 30, 2008 by discussionstock
Real comfortable…once volume flow or not soon there will be huge volume……
Re: Gulf Resources, Inc. (OTCBB: GFRE)
July 10, 2008 by discussionstock
just found it's first quater's results:
---Revenues Increased 118% to $21.9 million
-- Net Income Increased 140% to $6.1 million
-- EPS Doubled to $0.06 per diluted share
Gulf Resources, Inc. (OTCBB: GFRE)
July 10, 2008 by discussionstock
Gulf Resources Announces Agreement to Supply Custom Papermaking Chemicals to Largest Privately Owned Producer of Coated Art Paper in China
News on July 8, 2008
Agreement with Longteng Industrial & Trading Co. Expands Gulf's Revenue Growth Initiatives in Major Specialty Chemical Markets
NEW YORK & SHANDONG PROVINCE, China--(BUSINESS WIRE)--Gulf Resources, Inc. (OTCBB: GFRE - News), a leading producer of bromine, crude salt and specialty chemicals in China, today announced that its specialty chemicals subsidiary has signed an agreement with Longteng Industrial & Trading Co. to supply a variety of custom produced chemicals for use in the manufacturing of high quality paper products. The agreement is Gulf's first with Longteng Industrial & Trading Co., the largest privately owned coated art paper producer in China.
Re: Gulf Resources, Inc. (OTCBB: GFRE.OB)
July 10, 2008 by discussionstock
Gulf Resources Announces Agreement to Supply Custom Papermaking Chemicals to Largest Privately Owned Producer of Coated Art Paper in China
News on July 8, 2008
Agreement with Longteng Industrial & Trading Co. Expands Gulf's Revenue Growth Initiatives in Major Specialty Chemical Markets
NEW YORK & SHANDONG PROVINCE, China--(BUSINESS WIRE)--Gulf Resources, Inc. (OTCBB: GFRE - News), a leading producer of bromine, crude salt and specialty chemicals in China, today announced that its specialty chemicals subsidiary has signed an agreement with Longteng Industrial & Trading Co. to supply a variety of custom produced chemicals for use in the manufacturing of high quality paper products. The agreement is Gulf's first with Longteng Industrial & Trading Co., the largest privately owned coated art paper producer in China.
Gulf Resources, Inc. (OTCBB: GFRE.OB)
July 9, 2008 by discussionstock
JADA 2008 DEVELOPMENTS
July 1, 2008 by discussionstock
2008 DEVELOPMENTS
In 2008, Jade Art Group Inc. began to execute a plan to enter China’s growing jade industry. Some of the Company’s notewor- thy developments:
Jade Art Group signed an Exclusive Distribution Right Agree- ment in January 2008 with Wulateqianqi XiKai Mining Co., Ltd.
(“XiKai”) for the distribution of jade from its SheTai Jade mine for a period of 50 years. In exchange for this exclusive right, Jade
Art Group paid XiKai approximately $8.4 million and transferred
its ownership interest in its wood-carving subsidiary.
Jade Art Group signed six sales agreements through April 2008, representing anticipated jade shipments totaling approximately
12,800 tons and related sales of approximately $42 million. These sales agreements obligate the customers to purchase jade in a
range of qualities between 700 to 4,500 tons from Jade Art Group over the next six months to a year.
Jade Art Group appointed Richard E. Khaleel as an independent board director in April .
Jade Art Group Inc. is a seller and distributor of raw jade
July 1, 2008 by discussionstock
Jade Art Group Inc. is a seller and distributor of raw jade, ranging in uses from decorative construction material to high-end jewelry in China. It owns exclusive distribution rights to 90% of the SheTai Jade mine’s production, one of China's largest open-pit jade mines in terms of reserves. The SheTai Jade mine has proven and probable reserves of approximately six million tons and an estimated useful life of well over 50 years. Jade Art Group began selling and distributing jade in January 2008.
Historically Jade Art Group’s business was manufacturing and selling hand and machine-carved wood products in China. Man- agement saw the opportunity to transition from this business with limited growth potential to enter the much more attractive business of raw jade sales and distribution.
Jade Art Group’s goal is to meet China’s growing demand for jade and use its free cash to vertically integrate its raw jade distribution base into jade processing, carving and eventually retail jade sales.
Jade Art Group Announces Sixth Jade Sales Agreement Valued at $3.8 Million
July 1, 2008 by discussionstock
Jade Art Group Announces Sixth Jade Sales Agreement Valued at $3.8 Million
17 April 2008
NEW YORK & JIANGXI, China--(BUSINESS WIRE)--Jade Art Group Inc. (OTCBB: JADG - News) announced today that its wholly-owned subsidiary, Jiangxi SheTai Jade Industrial Co., Ltd. ("JST"), signed a sales agreement (the "Agreement") with YangZhou GuoCui Jade ("YZGC"). Under the Agreement, JST will sell to YZGC 1,130 tons of raw jade, which JST will obtain from SheTai Jade mine as the owner of the distribution rights of 90% of the mine's production, for the equivalent of $3.8 million over the next eight months. This is the second agreement between JST and YZGC, pursuant to which JST sells jade to YZGC.
Under the Agreement, YZGC is responsible for shipping the raw jade material, as well as any associated costs. Similar to the past agreement, JST will receive 30% of the contracted value of the order before shipment, with the balance paid within 10 days after YZGC's inspection and acceptance of the jade.
Hua-Cai Song, CEO of Jade Art Group, remarked, "Under the earlier agreement signed two months ago, YZGC agreed to purchase 1,000 tons of SheTai Jade from JST for $3.3 million. We are pleased that due to YZGC's success in reselling SheTai Jade it has agreed to purchase a larger amount of jade from us. This second agreement is Jade Art Group's sixth sales agreement to date, representing the total contractual price equivalent to approximately $42 million under these six agreements."
http://www.jadeartgroupinc.com/News_T.asp?id=58
CIVY.OB China Ivy School Inc.
June 27, 2008 by discussionstock
China Ivy School, Inc. is a private educational institution located in Jiangsu province of China. Organized under the law of China, China Ivy School, Inc. has educational accreditations from Jiangsu Educational Commitment, Suzhou Municipal Education Bureau, and the Suzhou Education Committee. As of March 31, 2008, China Ivy School had a cumulative enrollment of 2,070 students within their Kindergarten, Elementary, Junior High, and High School programs. In addition to their core business model, China Ivy also offers an international school along with strategic relationships with similar institutions in Australia, Hong Kong, New Zealand, and the United Kingdom. These strategic international relationships allow the Company to offer a highly popular foreign exchange program, a unique competitive advantage over others in its marketplace. Further, the school's individualized study plan and its 6:1 student-to-teacher ratio allow the Company to attract a high-caliber student and employ and retain a diverse and talented staff of educators.
For More Information Contact
China Ivy School, Inc.
1 Suhua Road
Shiji Jinrong Building
Suite 801
Suzhou Industrial Park
Jiangsu Province, 215020
People’s Republic of China (PRC)
Yongqi Zhu, CEO
Tel: +86-512-6762-5632
info@chinaivyschool.com
OTC Financial Network
300 Chestnut Street, Suite 200
Needham, MA 02492
Tel: 781.444.6100 x629
Fax: 781.444.6101
Joe Lukeman
Investor Relations
jlukeman
Fact Sheet Link: http://www.otcfn.com/civy/civy-report.pdf
CIVY.OB-- China Ivy School INc.
June 27, 2008 by discussionstock
China Ivy School, Inc. is a private educational institution located in Jiangsu province of China. Organized under the law of China, China Ivy School, Inc. has educational accreditations from Jiangsu Educational Commitment, Suzhou Municipal Education Bureau, and the Suzhou Education Committee. As of March 31, 2008, China Ivy School had a cumulative enrollment of 2,070 students within their Kindergarten, Elementary, Junior High, and High School programs. In addition to their core business model, China Ivy also offers an international school along with strategic relationships with similar institutions in Australia, Hong Kong, New Zealand, and the United Kingdom. These strategic international relationships allow the Company to offer a highly popular foreign exchange program, a unique competitive advantage over others in its marketplace. Further, the school's individualized study plan and its 6:1 student-to-teacher ratio allow the Company to attract a high-caliber student and employ and retain a diverse and talented staff of educators.
For More Information Contact
China Ivy School, Inc.
1 Suhua Road
Shiji Jinrong Building
Suite 801
Suzhou Industrial Park
Jiangsu Province, 215020
People’s Republic of China (PRC)
Yongqi Zhu, CEO
Tel: +86-512-6762-5632
info@chinaivyschool.com
OTC Financial Network
300 Chestnut Street, Suite 200
Needham, MA 02492
Tel: 781.444.6100 x629
Fax: 781.444.6101
Joe Lukeman
Investor Relations
jlukeman
Fact Sheet Link: http://www.otcfn.com/civy/civy-report.pdf
Jade Art Group Recent Events and 2008 Outlook
June 18, 2008 by discussionstock
Recent Events
On January 11, 2008, Jade Art Group announced the formation of a new wholly owned subsidiary, Jiangxi SheTai Jade Industrial Co., Ltd. (“JST”). JST now manages the sale and distribution of jade sourced from the SheTai Jade mine. This subsidiary is located in Yujiang Jiangxi, China, an area known as a major center for the processing and distribution of jade products.
On January 17, 2008, Jade Art Group signed an Exclusive Distribution Right Agreement with XiKai Mining enabling the Jade Art Group to acquire 90% of the raw jade produced from XiKai Mining’s SheTai Jade mine for a period of 50 years. The price has been set for the first five years at the equivalent of $285 per metric ton, and is subsequently subject to renegotiation every five years with adjustments not to exceed 10%. The SheTai raw jade has uses ranging from decorative commercial and residential construction material to high-end jewelry. In exchange for this exclusive right, Jade Art Group transferred its wholly-owned woodcarving business to XiKai Mining and agreed to pay XiKai Mining RMB 60 million (approximately $8.4 million) by March 2009. Jade Art Group has already paid approximately $6.7 million of this obligation.
On April 16, Richard E. Khaleel was appointed an independent member of the Board of Directors of the Jade Art Group. Mr. Khaleel is an experienced senior marketing executive, having served as the Chief Marketing Officer for the Bank of New York, the Chief Creative Marketing Officer at Alliance Bernstein, and the Vice President of Marketing at CNBC.
On April 28, Company announced that its Board of Directors had authorized a one-for-three reverse stock split of its outstanding common stock. The reverse split will reduce the number of outstanding shares from 239,940,000 shares to 79,980,000 shares. The Board set May 15, 2008 as the effective date for the reverse stock split. The marketplace effective date, on which the reverse stock split will be reflected in trading on the OTC Bulletin Board, will be determined by NASDAQ and is expected to be in late May or early June of 2008. The earnings per share results cited above are based on common shares outstanding before the reverse split.
Fiscal 2008 Outlook
Jade Art Group Inc. reaffirms guidance for its 2008 full-year financial results. This guidance reflects the results presently anticipated from continuing operations and does not include unusual or non-operating events. The following projections exclude results from discontinued operations, which were discussed in more detail above.
- Revenues are expected to be between $61 million and $65 million.
- Net income is expected to be between $37 million and $41 million.
- Diluted earnings per share are expected to be between $0.15 and $0.17.
(Note: The diluted earnings per share are based on the common shares outstanding before the pending reverse split. This is equivalent to between $0.46 and $0.51 per diluted share after the effective date of the reverse stock split.)
Mr. Song concluded, “We are quite excited about our results to date and the opportunity to be a leading seller and distributer of raw jade in China. The increasing popularity of SheTai Jade and our favorable long term agreement enabling us to obtain high quality SheTai jade in significant quantities suggests further opportunities to generate increasing value to our shareholders.”
Jade Art Group Announces Strong First Quarter 2008 Results
June 18, 2008 by discussionstock
· New Jade Distribution Initiative Provides Impressive Operating Results
· Transfer of Woodcarving Business Generates $55 Million Gain from Discontinued Operations
NEW YORK and JIANGXI, CHINA, May 12, 2008 - Jade Art Group Inc. (OTCBB: JADA) (the “Company”), a seller and distributor of raw jade sourced from the SheTai Jade mine in China, today announced its operating results for the quarter ending March 31, 2008. Jade Art began to distribute raw jade in this quarter; previously its operations consisted of the manufacturing and distribution of hand-carved and machine-carved wood products in China, which are now treated as discontinued operations.
Revenue from continuing operations for the quarter ending March 31, 2008 was $10.7 million. The first jade sales were made at the end of January 2008 and there were no comparable sales during 2007. Shipments of raw jade during the quarter reached approximately 3,385 metric tons, with an average sales price equivalent to approximately $3,150 per metric ton. Net income from continuing operations for the first quarter was $6.0 million, or $0.03 per diluted share. There were no comparable operations in the prior year quarter. Net income from discontinued operations in the first quarter of 2008 was $55.4 million, or $0.23 per diluted share, compared to net income of $1.9 million, or $0.01 per diluted share in the same period for 2007. The large increase in net income from discontinued operations is attributable to the gain recognized from the transfer of Jade Art Group’s woodcarving business, which as previously announced was transferred on February 20, 2008 to Wulatequianqi XiKai Mining Co., Ltd. (“XiKai Mining”) as part of the consideration for XiKai Mining’s entering into a 50 year Exclusive Distribution Rights Agreement that provides Jade Art with 90% of the raw jade produced by XiKai Mining’s SheTai jade mine.
Mr. Hua-Cai Song, CEO of Jade Art Group, stated, “We are pleased with the results of our first quarter operating as a seller and distributor of raw jade. The revenue from continuing operations of $10.7 million exceeded our expectations. Year to date, Jade Art Group has entered into six sales agreements for SheTai Jade, representing a total contractual sales value equivalent to approximately $42 million. We believe that this is a good indication of the market’s positive response to SheTai jade and supports our expectation of continuing solid revenue performance.”
AMI Research Initiates Coverage of Jade Art Group
June 18, 2008 by discussionstock
Long-term Distribution Rights to One of Largest Jade Mines in China Represent Strong Barriers to Entry
KEY LARGO, Fla., June 17 /PRNewswire-FirstCall/ -- AMI Research, a division of Hawk Associates, announced today that it has initiated research coverage of Jade Art Group, Inc. (OTC Bulletin Board: JADA - News) with an accumulate recommendation and a $7.49 price target. This 30-page report by AMI analyst, Saurav Chakraborty, can be accessed from the AMI Research website, http://www.amistockreports.com
Jade Art Group is a Chinese company engaged in the wholesaling and distribution of raw jade, currently used in high-end jewelry and sculptures with potential future applications in markets ranging from construction material to furniture. In January 2008, the company secured the distribution rights to the SheTai jade mine in Inner Mongolia for a tenure of 50 years. According to a recent survey by the Inner Mongolia Geological Institution, the mine has proven and probable reserves of 6.1 million tons, which at recent prices would value the mine's reserves at approximately $16 billion USD.
Jade Art Group reported first quarter revenue of $10.7 million. Shipments of raw jade during the quarter reached approximately 3,385 metric tons, with an average sales price equivalent to approximately $3,150 per metric ton. Net income from continuing operations for the first quarter was $6.0 million, or $0.03 per diluted share. To date in 2008, Jade Art Group has entered into six sales contracts for SheTai jade, representing a total value of approximately $42 million.
