China Precision Steel, Inc. (NASDAQ: CPSL) is a steel processing company which engages in the manufacture and sale of high precision cold-rolled steel products in China. The company is the producer and seller of precision ultra-thin and high strength cold-rolled steel products with thicknesses ranging from 7.5 mm to 0.03 mm. It also provides heat treatment and cutting of medium and high carbon hot-rolled steel strips. Currently, the stock price is at $1.05 with the stock volume of over 324 thousands. However, just a half year before the stock was worth $5. Has the economical crisis which is so obvious all over the world affected the company so much and drove the stock price to such lows?
Shall China Precision Steel, Inc. (NASDAQ: CPSL) Return to $8 per Share?
Posted March 19, 2009 by chinastocksCategories: NASDAQ stocks
Talking about China Security & Surveillance Technology, Inc. (NYSE:CSR)
Posted March 5, 2009 by chinastocksCategories: NYSE stocks
China Security & Surveillance Technology, Inc. (NYSE:CSR) is the manufacturer, distributor, installers, and maintainer of security and surveillance systems, as well as in the developer and integrator of related software in the Peoples Republic of China. Recently, the company announced the reuslts of the last quarter of 2008, as well as the annual results. At present, the stock price is at $3.11 with the volume of 714.600.
China Clean Energy Inc. (CCGY.PK) Stock Going Down
Posted November 21, 2008 by chinastocksCategories: OTCBB stocks
I have already told you about China Clean Energy Inc. (OTCBB: CCGY). This time i would like to talk about some recent events. On November 14th, the company announced the results of the third quarter:
- Revenue totaled $4.1 million, down 24.9% from the third quarter of 2007.
- Gross Profits totaled $ 0.9 million, down 39.1% from the third quarter of 2007.
- Operating Income totaled $262,452 down 72.4% from the third quarter of 2007.
- Net Income during the third quarter of 2008 was $401,699, or $0.01 per share.
As seen above, the results were not so good. Therefore, the stock price has been going down after this announcement. It is trading at $0.21 per share at this moment. I wonder what could drive this stock up again.
The Stock Chart of China Life Insurance Company Limited (NYSE: LFC)
Posted November 5, 2008 by chinastocksCategories: NYSE stocks
China Life Insurance Company Limited (NYSE: LFC) provides life insurance and annuity products to individuals and groups in China. Its products include whole life and term life insurance, endowment insurance, and annuities. Looking at the stokc chart, it seems that the company sees the perspective of recovery. The stock is currently at $42.21 per share with the volume of 1,474,500. What factors are driving this stock up? Anyone can tell me that?
Predictions on CDC Corporation (NASDAQ: CHINA) Financials
Posted October 27, 2008 by chinastocksCategories: NASDAQ stocks
CDC Corporation (NASDAQ: CHINA), a leading global enterprise software and new media company, announced today its preliminary third quarter results will exceed Wall Street consensus estimates with revenue from continuing operations expected to be approximately (U.S.)$103.0 – 104.0 million, an increase of approximately 6 percent year over year, and adjusted EBITDA(a) from continuing operations estimated to be between (U.S.)$11.0 to (U.S.)$12.0 million. For the third quarter of 2007, the company generated total revenue of $98.5 million from continuing operations. I am just waiting for the results impatiently.
