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Shengkai Innovations, Inc. (VALV) Message Board

  • derek_ip May 1, 2012 9:11 PM Flag

    Wang takes this private or buy out

    It smells of being fixed and planned. Anything under $3 and I will personally invest what ever I can in bring a class action to fruition.

    Everything piece is falling down as planned VOC was the hold back i had thought. They are now out of the picture and I wonder who was their to invest and absorb their position. Someone (entity) knows much more then we average commons know, that my friends is for sure.
    I am convinced with the VOC fund foreclosed and out of the picture, either a buyout or privatization is imminent.
    Always do your due diligence people.

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    • mani.jose May 18, 2012 7:11 AM Flag

      I will take a wise and experienced china business man over these corrupt computers and manipulators who know NOTHING of this company

    • No Worries little "green ones"
      The Wang- Shengkai plan is rolling along just fine
      This (10Q) may have been the last obstacle and hurdle to overcome before we see a significant announcement. All in good time and I suspect in the very near future.
      These Chinese have been in the game for a while and much wiser them most think (paper as well) and at the end I suspect Chen Wang will have stolen this company right before our eyes with these insanely depressed and discounted levels.
      All this bias behavior towards "Chinese" company's has certainly turned and weighed in the favor.

    • There will be nothing for shareholders in next Q report. Restructuring is on, interim CFO, no IR support, more shares on free market, no investment fund or equity partner, lack of experts in sales & marketing on their new business target, 30% lower income.

      It's a wait and see situation folks, don't expect huge move or news right now.

      PPS would go up around $1.60 prior to Q report and fall back in $1.20 range right after, maybe less if income drop more than 30%.

      My expectations on all present facts about VALV management. But we could expect news that might change the game: New IR company, CFO nomination, VP Sales & marketing expert closes to oil industry, increase in order and production report at lower costs.

    • I already got "Smell".

    • At certain time I tought privatization could be is play but Wang need VOC to implie that % of shares to do it at lower price than Market value ($8 ps). He is now under 50% ownership and major restructuring process is on.

      Their new production plan start up is completed and fully paid ($1M left to pay in 1 year after delivery).

      So VOC had to sale asset because of their own corporate decision and they can't wait anymore. They had to take that lost of $3M because they could not see any value increase in short term (next 12 months will stand in $1.50 pps up and down and that's the price they sold)
      Their decision confirm, on my opinion, that Wang will pursue is restructuring process for a while. I dont see huge increase in pps for now.

      However 1 more thing we have to consider, is the new sale & marketing target for VALV. They NEED a partner to penetrate foreign market which is their major issue. JV, merger or takeover could come up in near future.

      • 1 Reply to gileb2002
      • One more thing is their major competitor CVVT (China Valves) in Electrical/Power industry beat them with exclusive certification given by China gvt. Also they get certification to supply Sinopec in valves last Nov.

        This competitor is 3.5 times bigger than VALV, they have good cash flow, very low debt and they crunch VALV market year after year. IT is a real candidate for a buy out or takeover, but JV would be better for both because of VALV's niche product.

    • I think 100%.

    • Well thought. What's the buy out target? $5/sh?

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