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The Blackstone Group L.P. Message Board

harry_wild 4954 posts  |  Last Activity: Aug 18, 2015 11:10 PM Member since: Dec 28, 1999
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  • Reply to

    Any new update on ZST?

    by ahm_liu Jun 8, 2015 9:23 AM
    harry_wild harry_wild Aug 18, 2015 11:10 PM Flag

    I believe it is: Zhengzhou Shenyang Communication Equipment Co., Ltd. Same exact top management.

    Sentiment: Hold

  • harry_wild harry_wild Jan 22, 2015 3:02 AM Flag

    Most Chinese Stock Experts in the U.S. believes Chinese companies have "gone dark"--withdrawn from U.S. exchanges and stopping filing with the Securities and Exchange Commission--to intentionally depress their stock prices and enable the companies to go private at lowball levels. Many shareholder are the victims of China-based companies that IPO in the US but then “go dark” by parting ways with their accountants or simply refusing to file financial reports.

    As a result, shares of the company tank and shareholders lose. In some instances, the companies buy up the shares at severely reduced prices and go private. Others, just go dark and change the name of their companies and take the entire assets of the public company's assets under the new name! Thus, they have stolen the company when they gone dark and rename the company!

  • harry_wild harry_wild Dec 2, 2014 4:59 AM Flag

    BX came out in 2007 at $33 a share and went as high as $38 a share. It is worth a lot more now then back in 2007! I just waiting for them to sell the rest of the Hilton shares. That should bring it past the $38 per share back in 2007! If the worldwide economy starts rolling in 2015; 2017 should be a great year for BX!

    Sentiment: Strong Buy

  • Reply to

    Win Win situation

    by rationalthought3 May 27, 2014 7:58 PM
    harry_wild harry_wild May 29, 2014 12:29 AM Flag

    The actual amount is: "The $163 million breakup fee in this scenario is roughly equal to Pinnacle’s 2013 net income." From Bloomberg News!

    Sentiment: Strong Buy

  • Two call ins this time around. Laurence Udell is back on the CC as well as Jared Cohen - JM Cohen and Co.
    Q&A lasted for about 50 minutes. Xiqun Yu did not attend. Cloris Li had a hard time explaining the new website and the new training centers but given much more detail info - which is very usual to hear from her. She in the past respond with more generalized to point that her answer had no meaning to the questions ask.

    Basically, they have 8K students attending the training center at the end of March; peak four years ago was 20K. Total revenues of the on site training center potential is around $3 million tops - a year - ever unless then open more on site! The management still is not given up on the on site training center even if it does not have potential to generate unlimited income and has overhead. EDU is one of their competition that is doing the same thing as CEAI in terms of online education software.

    It sounds like from the CC that the breakeven will take a lot of time since the online website seems to have a lot of overhead associated with it and they do not have very many customers sign up before launch. I am guessing that it might take 18 months from launch to get it to breakeven or more since they are spending a lot of marketing money on promotions but no real results in terms of revenue increases.

    There is a lot more in this quarters CC! May want to listen or wait for Alpha print! I got a lot of info on CEAI from this quarters CC then I have gotten in the past 3 years! LOL!

  • harry_wild by harry_wild May 19, 2014 5:42 PM Flag

    "HARBIN, China, May 15, 2014 /PRNewswire/ -- China Education Alliance, Inc. ("China Education Alliance" or the "Company", OTCQX: CEAI), a China-based education resource and services company, today announced its first quarter 2014 financial results. The Company will host a conference call on Friday, May 16, 2014, at 8 a.m. EDT (8 p.m. Beijing time the same day).

    Financial Highlights for the First Quarter ended March 31, 2014
    •Total revenues decreased by 70% to $0.7 million.
    •Net loss of $6.0 million.
    •Loss per share was $0.56 per fully diluted share.

    First Quarter 2014 Review:

    Revenue decreased by $1.7 million, or 70% to $0.7 million for the quarter ended March 31, 2014 from $2.4 million during the same period in 2013.

    Revenue from the on-line education division decreased by $0.5 million, or 80%, to $0.1 million for the quarter ended March 31, 2014 from $2.1 million for the quarter ended March 31, 2013. Revenue from the training center division decreased by $1.2 million, or 67%, to $0.6 million for the quarter ended March 31, 2014 from $1.8 million for the quarter ended March 31, 2013

    The decline in revenue was primarily a result of a decline in revenue across all of our business. We believe revenue was affected by external factors including slowdown in economic growth within the PRC, untruthful allegations about our businesses, and increased competition. These factors contributed to the continuous decline in interest of existing and new students, which resulted in decrease in student enrollments and led to a decline in revenue as compared to the quarter ended March 31, 2013....As such, we predict that our revenue will gradually recover after we launch the new web-based platform and set up more training centers. "

    No comments by me!

  • harry_wild harry_wild May 14, 2014 9:02 PM Flag

    No reply, huh?

    Sentiment: Hold

  • harry_wild harry_wild May 12, 2014 4:20 PM Flag

    Is there anyone in DTV management here? I'm a shareholder of this company! If I were not; I would go happen to a competitor and not spend so much effort!

    Sentiment: Hold

  • harry_wild harry_wild May 11, 2014 7:51 PM Flag

    I try again by calling DTV and got to the sales. I ask for the customer retention department and they said that he could help me! LOL! Hung up! This is my 8th try! Not including my emails!

    Sentiment: Hold

  • When I left DTV after 7 years as a customer; customer retention said that I could come back on a month to month basis. DTV customer service nor sales will not give out the telephone number to customer retention. Here is my reply back from DTV customer service shown below:

    You recently requested assistance from DIRECTV. Below is a summary of your inquiry and our response.

    Subject: What to know how to comeback as a customer! It almost impossible to do!

    Mary Raolyn - 100510555 (05/09/2014 04:56 AM)

    Hi! My name is Mary, a DIRECTV Customer Service Representative and I am glad to assist you today. I understand that you want to be a part of our family family but don't want to be in a two year contract. I am sorry to hear that your request was not granted when you spoke with several representatives over the phone.

    I would like to inform you that we don't have an offer for returning customers to go on a month to month basis. I can certainly understand your concerns with the length of your programming agreement when you get a new account with us. Because we significantly discount the price of the equipment and installation we ask that our customers accept a 24 month programming agreement.

    But don't worry, I've forwarded your comment to DIRECTV Management for review. Your feedback helps alert us to areas that need improvement and we often make changes based on customer feedback like yours, and we are doing our best to attain our customer's expectations.

    Thank you for writing. We are hoping that you'll get DIRECTV for your future entertainment needs.


    Mary E. -100510555
    DIRECTV Customer Service

    * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

    Does anyone know the telephone number to customer retention or is able to help me?


    Sentiment: Hold

  • harry_wild harry_wild Mar 20, 2014 8:40 PM Flag

    I still using my iPhone 5S and Nokia 521. I like carrying the 521 since it only cost me $80 and brought it unlocked too! My iPhone 5S was $849. Both are without sales tax included. I going to sell my iPhone and wait for the iPhone 6 with the 4.7" screen and HD resolution +. I may buy it or just keep using the Nokia! I mean it just great phone and it dirty cheap. Nobody even looks at it for larceny. I leave on the table at Starbuck in LA and it still there after 45 minutes. LOL! You cannot say that with an iPhone! Not sure about Android phones if it get stolen much. I might look at the HTC One 2nd gen. with the dual back camera technology. But for me the 521 is right phone if you don't care about status. iPhone has the status but it carries with it the possibility that someone will try to steal it from you too! I rather just use a good phone and leave out the status and have some other chump take my place.

    Sentiment: Buy

  • Reply to

    Did they launch the cloud platform?

    by dealer235 Jan 20, 2014 8:02 AM
    harry_wild harry_wild Jan 30, 2014 8:38 PM Flag

    Hi Dealer,

    The answer from the November 14, 2013 Press Release is shown below:

    ""We are now very close to finalizing the new web-based education platform that I believe will truly give us a leading position in China's educational landscape. The rise of e-commerce and cloud computing in China has created opportunities for China Education Alliance to fill the gap by providing high quality educational materials from teachers and institutions to students regardless of their location. We are currently in the process of fine tuning various aspects of the platform which we aim to launch in the near-term. Once the platform goes live, users will be able to sort through various functions as they create their own unique customized learning platform, something that does not exist in the market today. I am proud of the effort our IT professionals and sales teams are putting into lining up the highest quality educational products available while constructing a truly dynamic communication medium. We have devoted a considerable amount of resources towards developing the technology and infrastructure that is needed to sustain such an ambitious project and are eager to bring it to market." said Mr. Xiqun Yu, Chairman and Chief Executive Officer of China Education Alliance. "

    In my opinion it will not be ready until middle of June 2014 to December 2014. The company is still design it from the PR statement. Near term is to Mr. Yu - a full year time frame is my guess. Mr. Yu nor Ms. Li does not say as you well know talk in generality; no exact or explicit remarks about the company's operations are ever given out to anyone - at least in public. They give no hard numbers nor dates ever!

    Sentiment: Hold

  • Reply to

    Vacation is over

    by flee_49 Dec 25, 2013 6:41 PM
    harry_wild harry_wild Dec 25, 2013 8:39 PM Flag

    I think you have to be patience on this matter. I treat it as a hostile action between Peter Deutsch's group and ZST management. And since it involves lawyers on both sides; they usually do not do stuff in a fast manner. I think that one side or both could delay the process and run up the billing as best they can. After all; they are lawyers and lawyers act first on their best interest and the client second. Plus, ZST management seems to be playing a game of waiting it out too!

    I give it at least till end of March and maybe till August 2014 for this to be completed. A new car would be a nice reward! Lets hope it will be $15 a share or more as the buyout price! I love to get a 2016 Mustang Shelby GT500 with the 10 speed transmission.

    Peter Deutsch is pretty wealth and can wait it out to get a fair share price so I not that worry for now! I see him as a Carl Icahn for use shareholders.

    Sentiment: Hold

  • Reply to

    Rambus and Micron sign a cross license agreement

    by rmbs300 Dec 9, 2013 11:25 PM
    harry_wild harry_wild Dec 11, 2013 4:31 PM Flag

    No much $$$$$$$$$ for all the years of litigation.

    Rambus should of just went on it way and not litigated against Memory Manufacturers - who has the power and influence to beat down Rambus politically. It could be a theme on a soapy prime time drama. JR vs. Barnes. JR being Micron and Barnes being Rambus. LOL!

    I should of held on to this stock but sold out at $4 and change after the SF civil suit went against Rambus. All the experts and pundit at the time said that how can Rambus not win when the FTC ruled against Samsung. Well, the answer is that the judge did not let that evidence in the trial along with out evidence. So Hyria and Micron just had to slander Rambus again and the jury ruled against Rambus and Rambus had to pay $22 million in legal fees to the defendants. Then their was the Judges Whyte and Robinson! I think it was 5 years when I sold out my shares. Complete second act like Virginia Judge Payne with Inferion? Got pennies on that one. And then Rambus was hurting for funds and got a super bad deal from Intel with a perpetual license agreement for only $40 million.

    Rambus had bad management from CEO Tate and on.....! I don't know anyone who made any money on this stock unless they sold short that is! Bad memories. LOL!

  • Reply to

    CEAI had third qtr. report on the 15th!

    by harry_wild Nov 18, 2013 7:52 PM
    harry_wild harry_wild Nov 20, 2013 10:35 PM Flag


    I hope this is not the case; since if it is; that means they are crooks!

    I am betting they are straight but are poor managers! I mean how many Chinese led top managers U.S. ADR public stock companies have we already have that turn out to be crooks? I think about 40% is what I read. And all of them have been taken out between 2007-2010!

    I am for liquidating the company or selling it to someone else. The loses this company is taken, is one for the books. Either way; it only going to get worse if the company does not sell or liquidate! I don't think their grand idea of an online website to incorporate everyone, even their competition will be successful! Why would their competitors do it in the first place? I we know; from Palm among others; software has little value if it does not generate income!

    In the U.S., most of the testing training is done not in training centers but in small groups that hold meetings in coffee houses or in the park or other public locations and video chats are used with either Skype or Face Time to do one on one training. Training material can be online or in paper. The sign up is through the company website. The onsite training center concept is just 10 years behind the times.

    Let's hope the Mr. Yu sees that he cannot win and does the right thing for shareholders.

    I did some financial projections for 2013. Total revenue will be $7.4 million and net loss will be $15.4 million. Advertising/selling expense will be over $11 million.

    Cannot believe CEAI is doing the annual shareholders meeting on Christmas eve! Does not look like a very Merry Christmas for CEAI shareholders.

    Sentiment: Hold

  • Reply to

    CEAI had third qtr. report on the 15th!

    by harry_wild Nov 18, 2013 7:52 PM
    harry_wild harry_wild Nov 19, 2013 11:55 PM Flag

    From the 3rd Qtr.:
    Selling expenses increased by 1.086,927 or 42% to $3,697,071...."

    •Total revenues decreased by 21% to $1.6 million.

    - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
    CEAI management spend over 2X the total revenue generated. How many business have you seen with that lopsided marketing? And it result it a decreased in total revenue still!

    CEAI like I been posting; need to get a marketing firm to do their marketing. I don't think the management knows anything about marketing - advertising, promotions and public relations. Just look at this ridiculous ratio!

    Sentiment: Hold

  • Reply to

    CEAI had third qtr. report on the 15th!

    by harry_wild Nov 18, 2013 7:52 PM
    harry_wild harry_wild Nov 19, 2013 5:29 PM Flag

    Going through the 3rd quarter statement and found this info below:

    Selling Expenses

    Selling expenses include advertising expense, consulting fees, sales commissions, and other expenses. Selling expenses increased by $1,086,927 or 42% to $3,697,071 for the September 30, 2013 Quarter, from $2,610,144 for the September 30, 2012 Quarter. The increase in selling expenses was mainly due to the increase in advertising and marketing expenses. We incurred advertising and marketing expenses of $2,832,246, an increase of $1,963,339 or 69%, due to increased marketing and sales promoting activities to rebuild our brand name and reputation. Such activities include advertising through media, online and onsite promotion, handouts, brochures, etc.

    Administrative Expenses

    Administrative expenses increased by $256,814 or 9%, to $3,089,854 for the September 30, 2013 Quarter, from $2,833,040 for the September 30, 2012 Quarter. This was mainly due to the increase in research and development expenses relating to the development of the web-based platform, the office expenses, and labor costs throughout the period. In the future we expect the administrative expenses to continue to increase because: 1) we will incur maintenance expenses for the web-based platform after it being successfully launched; 2) we will incur expenses associated with the expansion of our onsite training centers for purposes of gaining more market shares. The office and administrative expenses associated with the newly opened onsite training centers also contributed to the increase in administrative expenses. "

    It seems even with a million dollars increase a quarter in advertising expense; the onsite center revenue has kept going down even as 12 more have opened in Beijing in the past quarter or this quarter? So you calculate the revenues and divide it against 22 you can get the average revenue per onsite center of $1.1M/22 or $50K per center per quarter or about $4,100 a week! 3 yrs ago - 12X more!

    Sentiment: Hold

  • What a surprise! I was expecting it on the 25th since the company missed the 11th! There was no CEO Yu this time; and only one person - Jared Cohen from JM Cohen & Co. He was asking questions that CFO Li did a impersonation of Mr. Yu in replying back to Mr. Cohen.

    Go to the headlines and the Seeking Alpha written transcript for 3rd Qtr. Results. No concise answers to the questions ask. I think Mr. Cohen was frustrated.

    For example:

    "Jared Cohen - JM Cohen & Co
    Yeah, just have a few questions. One, I know that the last quarter you had 35 centers, can you give us a count of the number of centers you have? And where, I know the centers are between Beijing and --. Are you seeing any increase in any of those centers of students anywhere where, you can start there?

    Cloris Li - Chief Financial Officer
    Hi Jared, thanks for the question. In the last conference call in which we had mentioned we have around 35 centers that’s basically around 10 of them in [Liaoning] over the Northern provinces and the rest of them are in Beijing which I think 12 of them were newly opened from end of last quarter and beginning of this quarter. And of course yes, we are trying to get more students joined us by opening more centers under the same brand name, early to, we are very stronger.

    Jared Cohen - JM Cohen & Co
    Okay. Now in this quarter you spent more on advertising, was that advertising spend in terms of for the learning center business or more for the e-commerce business that you’re getting ready to launch or a combination of both?
    Cloris Li - Chief Financial Officer
    The advertising we spent mostly for the onsite training centers. It’s like summer vacation promotion that we see during the quarter.

    Sentiment: Hold

  • Reply to

    Why would a CFO abruptly resign?

    by shelly_showman Nov 14, 2013 5:34 PM
    harry_wild harry_wild Nov 15, 2013 4:17 AM Flag

    "Thank you, Mr. Chairman. Hello everyone. I’m Kevin Wei. I’ve just recently joined Xinyuan as the CFO in September and I would like to thank you for joining our call today."

    Well, Mr. Wei stayed only three month duration of time! September, October and November! I think he did not work out or he did not like the job! The previous CFO - Tom Gurnee was more trustworthy and was at the company for four years?

    I hope XIN can get another "white" guy in as CFO!

    Sentiment: Hold

  • harry_wild harry_wild Nov 11, 2013 6:46 PM Flag

    Thanks Higgins.boson for the continues updates on the take it private battle. I just am hoping for $15 a share offer by ZTSN management! They own it to use long termers who have stuck with their company and their face - potentially ill well by the management. I pulling or Deutch and company to get justice for all!

    Sentiment: Hold

25.04+0.25(+1.01%)Oct 25 4:02 PMEDT