What makes the CSGH lithium ion phosphate more eco-friendly. Because it is a biodegradable. and is there any proprietary science behind that I'm shure CSGH ownes the science behind that.
Can you point us to the page where CSGH claims to own any minerals in ground or claims to be in the mining business?
Currently, we have bought the prospecting and mining rights of a cobalt mine in Congo. We plan to start the construction of a processing plant in Congo in the third quarter of the 2008 fiscal year. We plan to finance $5,000,000 in total for the project, of which $2,000,000 was used to acquire the mining right of the cobalt mine, $2,000,000 will be used to set up the processing plant and $ 1,000,000 will be used as the operational fund. (Page 18) http://www.secinfo.com/drPan.uq2.htm#1stPage
As I interpret their web site, CSGH buys lithium from other suppliers, and then prepares it for use by battery makers. So they are a chemical process manufacturer, and it looks like they are employing a commodity process. They had to buy Colbalt from a another source because the Dominican Republic of Africa was having civil wars.
You say they have high gross margins because they have a mine and they have a high end product. Well, they don't have a mine.
And I'm not seeing where they have a high end product either. Try looking
They are doing something that is very commodity, so in a competitive environment they should not be getting more than about a 10% gross margin. If you own the product you can control the cost!! (Page 18) And if you make something better then the rest well I think that you should be rein burst for your hard work. (Apple)
Regarding their not spending much on R&D: is the income statement they are putting out each quarter in error? Dose any one relly know?? Look at the Banks
What does Dalian Xinyang High-Tech being around for a long time have to do with anything? Because they have older scientific research
If they don't spend much on R&D, then they probably cannot have a significantly proprietary chemical process, and they therefore should not be able to get the gross margins they are claiming. It dose not matter how much money you spend in order to have legal rights for your own product.. The word proprietary indicates that a party, or proprietor, exercises private ownership, control or use over an item of property. ... http://www.google.com/search?hl=en&q=proprietary+&btnG=Google+Search&aq=f&oq=&aqi=
I would never short an over the counter day trader stock that did not have options to hedge my downside risk.
Well be the First
I'm only trying to understand if there is something worth investing in here.
Well slick you might won't to start by understanding what you are looking at first>> This is a company that is on the edge of something great!! Try looking up China and getting a understanding of Green energy and what it means to that country and the future.
I'm done doing your home work!! And I don't have the proprietary rights to this post.
I did read about the mine. If you look at the 4/14/2009 10Q it says:
"Currently, we own the prospecting and mining rights of a cobalt mine in Congo. We plan to start the construction of a processing plant in Congo in the second quarter of the 2010 fiscal year."
So that is all in the future. It doesn't explain the historical result at all.
Morever, this starts to look ridiculous. You have a company whose management page shows the founder, his secretary, the office administrator, and an economist as the management team, and you are investing hopes in their having mining rights to some cobalt mine ...in the Congo ...which they will start to explore in 2010.
Give me a break.
The rest of your post is just wishful thinking and unproven assertions.
Man, after reading long-timer's responses to good and incisive DD questions to the "knowledgeable" members of this board from someone visiting the board to learn about this company- I now have some doubts about my own understanding of its operations. Responses have been mostly ungracious with weak reasoning, and plenty of spelling and language errors (usually not a biggie on a message bd., but, don't inspire confidence in this situation... ).
summing up for me "best risk reward stock in my portfolio of nat gas, gold, oil, explorers and food. period. because it is an otbb stock it is manipulted up and down by irratic volume. macro supply and demand will cause it to rise overall unless LiFePo contracts don't materilaize. we are in the "speculative" period where huge swings will occur, but the steadfast investor will make some nice money over longer haul(6-12 months). of these 12 companies testing, could imagine 100 percent plus revenue increase over next 12 months. what will the stock do? hmmm, doubt it will go down with pe at 5. like i said best risk/reward i can find. all in and patient for now.
pretty sad if you base you investment decisions over spelling on a message board.....lol. I'm sorry , but thats pretty lame. What makes you a good investor is not about spelling or grammer, but being a good decision maker.