CDII are now the worlds largest prod. / shipper of magneisum use to mx with aluminum for strenth but light weight for use in cars /trucks / planes anything that needs the strenth but light in weight to save fuel.
but for some reason they are still a Chinese st. that hasn't been rewarded with reconition and trade at .75 share ?
They also have and ship Iron Ore to the world. I only hold a sm. amount and am waiting on news and some reconition / upward movement to add to my position.
Can I join the convo?
The only other chinese stock I own is GA
Their fundamentals are OFF THE HOOK (PM 50%) and they already offer what XIN owners are pining for - quarterly dividends. At 5 dollars a share, I'm in.
PS - They have enough cash to pay off all their debt and still have some change leftover to buy serveral bulgattis,lol
Also check out LLEN. Great growth story. Great price.
Tempted to buy, but have my eye on other stocks. Don't wanna gorge myself on chinese stock just in case fraud rears it's ugly head. Sleep well with XIN & GA because of dividends. LLEN looks great, but would have queasy stomach owning since they offer no dividends. Opinions?
Price per share doesn't really tell an investor much about a company.
"Expensive" prices per share can be turned inexpensive simply by having a Company's attorneys split its stock. For example, if they wanted to, Apple could do a 500 for 1 stock split tomorrow which would reduce its per share price to one dollar and change, but the company wouldn't actually be any "cheaper" tomorrow than it is today.
Conversely, "cheap" prices per share can be made more expensive by doing the opposite, a reverse stock split. Instead of $3.60 per share, XIN could do a 1 for 10 reverse stock split, after which it would trade at $36 per share, but again, the company wouldn't actually have become any more "expensive".
The most common way for an investor to change share prices into a number that's usable against other companies is to calculate how many dollars' worth of the company's stock a person needs to buy in order to own profits (net income) of one dollar, also called a P/E Ratio.
Unlike plain old price per share, P/E ratios can be compared between companies, to give an investor an idea of which might be better value. Thinking about this stuff gets tricky, and P/E is just the first of a bunch of ratios that fundamentalists like me look for, but you'll know you've got the hang of it when it becomes clear in your mind that lower P/E Ratios are better than higher ones.
I have several Chinese stocks and some misers there also as, APWR and FEED.
So let it be clear that we have to be carefully weeding out ‘the good and the ugly’
Today I am accumulating LPH, and have a full load in the little brother SIAF.
I am also concentrating on ALN, all info on this company is warm welcome .
Look at NNLX and VISN, bother have a great opportunity for and up tick.
NNLX - if the FDA approves the petri-test they developed that cuts the test time down to hours from days on TB, and other diseases.
VISN - as a possibility of FOCUS Media buy out or itself growing advertisement in the llteir cities in china transportation area, etc.
GLTA Traders, XIN to $4. this week.
Do you own Focus Media (FMCN)?
I used to, but dropped it on the first day of their Carson Block / Muddy Waters scare.
For anyone considering VISN, they should be made aware that VISN does business in CB/MW's favorite industry, Chinese advertising (CCME, FMCN), and therefore, scrutiny by and potentially damaging statements from CB/MW -- whether those statements turn out true (CCME) or not (FMCN) -- constitute a heightened risk over the average China stock.