Cosmo Lady, an online and offline retailer selling women's undergarments (think Victoria's Secret, but more casual wear) is partnering with E-Future as they try to develop an O2O strategy to take advantage of their retail space which they plan to subsidize with online sales via E-Future's O2O solutions - which include mystore. I would imagine they are also going to be using their omni-channel solution to manage and maximize their online presence.
The capitalization of Cosmo Lady is 1.25 billion dollar company. It trades on the HK Stock Exchange after IPO'ing earlier this year. They have centered their O2O push around E-Future's solutions.
Seems like a positive development. Time will tell.
Without a doubt, the most promising earnings report I have read to date.
- Cash position is up substantially as projects moved towards completion and milestone payments were made. Likely to be well over $10m by the end of the year.
- Backlog increased 24.1% over last quarter and 49% from last year to 36m in what will likely show up as future revenue
- Significantly improved gross margin and a much leaner business model going into 2015 which a massive backlog (relative to market cap) ready to recognize.
- Company is the real deal when it comes to small-caps in China. No informed investor can question the legitimacy of the company and be taken seriously. Real company, real demand, real partners - but still priced at the "Chinese Listed- potential fraud" levels of 2011. Something will give sooner or later.
Investments in FundRise, Snowball Finance, and others are almost as good as cash. Their 40m injection into Xueqiu (snowball), is almost certainly growing in value daily. Long-term investments seem undervalued on the balance sheet and although not as liquid as cash in the bank need to be included as easily divestible assets that add to the cash value handsomely.
Will be adding more tomorrow.
I admire the fact that you can admit you are a novice while asking intelligent questions which will allow you to understand the fundamentals. I imagine you'll be able to navigate the markets independently in no time if you keep asking questions.
If you look at the updated SHORT INTEREST data from the official NASDAQ website, you'll see that SHORT INTEREST has climbed to about 5 million shares. Keep in mind, however, that it is the NOVEMBER 12 today but the update which came out last night only calculates SHORT INTEREST as of October 31. Brokers have flexibility in their filing times so the data isn't gathered until 2 business days after the end of the month. The data is finally reported to the public via FINRA on the 7th business day after the end of month.
It is important to add that these are bi-monthly updates, which means the short interest gets updated twice per month. Once during mid-month and once on the last day of the month - irregardless of how many days are in the month. But you can not see that data, nor can I or anybody else, until 7 business days after each bi-monthly reporting period.
To check short interest for a stock, just search Google for "SHORT INTEREST" + the stock you wish to look up. You'll be able to see the total shares being shorted after each reporting period over recent history.
Please note that high short interest doesn't always indicate that a stock will rise of fall. Historical data shows that highly shorted stocks typically perform slightly worse than stocks without high short interest.. But each stock acts individually and must be assessed individually. In the past, most short sellers have been "smart money", so the historical data is biased. These days, there are a lot of "retail shorts" who trade without experience and expertise, so it may very well be that highly shorted stocks may begin to outperform.
The rules of the game are always changing. Stay flexible and curious and you'll do great!
There is no issue here. I know it is hard to do the research. Nobody spells it out for you. Investing requires that you do your own DD, which sometimes means many hours reading rather dense technical material.
However, if you can't do it, or have access to somebody who can do it for you, it's better to stay out of the market or just buy solid blue chips and hold them long term.
You shouldn't be investing. It's Market Capitilzation, not Capital Market.
It isn't my intention to be rude, but if you don't know that much, you'd be better off picking your stocks by playing pin the tail on the newspaper stock column.
Snowball Finance is gaining huge momentum in China. Personally, as a consumer of financial information in China, I can authoritatively state that Snowball Finance has the best user experience of any other Chinese Financial News site. As an additional benefit, the website has been set up to be social and engaging unlike any other similar site in China.
Snowball will eventually be a 500m-1b dollar company. I assume RENREN has about 30-40% control over Snowball, but we don't know yet. If so, I expect that 40m investment to soon be worth 170-350m. I suspect that investment has already doubled its value in the few months since the cash injection.
Floor value of RENREN should be about $3.05. I'm buying 100,000 shares.
Greg. Even you know you are wrong now. You are abusing the influence you think you've built-up by making correct calls on the direction of RENN over the last few years.
You are going to be wrong in a big way. RENN will settle around $3.60-$4.00 when the dust settles. I'm picking up 100,000 shares. Watch and learn.
HicksGreg65, trying to pose as some middle aged guy with the name of Greg Hicks. Sorry, I'm Not buying it. Almost certainly a paid basher for a company that has all the incentives to be employing one.
Everybody knows that RENN used shady tactics and Chinese Internet Lies to scam investors out of there money on the IPO. I watched with horror as investors were paying 67x+ annual sales for this piece of junk trying to market itself as the Facebook China.
Now the company wants YOU out. They want the shares back under $3.00 as long as they can keep buying back shares at low rates. Don't let them do that. Hold onto your position. They can only buyback on a downtick according to buyback rules, so somebody needs to be selling to them.
Now RENN wants to buy back shares of the company as they complete their buyback. Everyday that passes is another day that guys like GregHicks will try to bully long-term holders out of there shares only to be retired by cash on the balance sheet. The buyback is alive and well, that's why the stock always tanks in the last 10 minutes of the day... because the company is restricted from buying back shares during the last 10 minutes of the day. When the disappear, the market becomes immediately less liquid and somebody comes in to knock it down when the trades thin out on the last minute or two. The consistency with which this happens is too much to be due to natural, chaotic forces.
The other thing is I live in Asia. Yet what about this guy? He's posting 24 hours a day and responding to my posts within minutes at 3AM EST. Now he's posting at 1PM EST. Does he sleep? Or must he constantly want the world to know his opinion on RENN? Or perhaps this is a 24 hour customer service gig for the company?
This guy has ulterior motives. It's clear. A few posters like this have been caught recently in share price manipulation.
Put the hurt on by buying and walking away until 2 years from now. Don't let them steal from you.
He seems to be hiding his real-time picks from twitter these days. Do you know where I can find out what he is recommending? I was doing very well going short his picks 3-7 days after the hype begins.
There are people on this board trying to help you. If you are short, God Help You. Set your ego aside, because if you don't, you are going to lose over 100% of your investment.
Yeah, but that is the 4th quarter. It's always in that range.
The good news is how they've laid the foundation for the future, increased margins after a long period where they were taking software profits and reinvesting them into mobile solutions, and now have a backlog largely from the new mobile segment of 36m.
Stock should be worth at least 2x revenues, imo. But the market may take some time to figure that out.
I'd like to make a correction:
Historical data shows that highly shorted stocks typically perform slightly worse than stocks without LOW* short interest.
I know I implied; well pretty much directly said; that Kay's comment was so ignorant that my forehead fell to the table as my neck gave up trying from the weight of the brain falling out, but I can understand his frustrations, too.
How many times have we been promised revenue growth and margin increases. However, the company is at a new level it has never been at before. The company, nor did we, as investors understand just to what extent e-tailing would stifle the physical shop. However, despite this negative environment, the company has been able to turn things around while re-investing revenue from their legacy software businesses into mobile and without much, if any, further dilution suffered as a result.
The company had plenty of opportunities to fudge their numbers when all the other companies in China were doing it and pretty much getting away with it, but E-Future clearly wasn't. They were posting losses while the Scams were all posting 30% annual net income growth and predictably wide profit margins.
Due to having no reason now to doubt E-Future's financials, I don't see any reason not to trust the backlog numbers. After all, These aren't pipeline numbers, these are backlog numbers.
Not sure if the market just doesn't believe them or not, or if, merely, nothing Small and Chinese is given a fair shot at the moment.
OMG! I so think the same thing! We should be moneyless pen pals together, you and I.
You know what I mean? Two guys that have to sell pens to get by.
It's not only the promise of shortening the duration of HCV treatment and thereby lowering the cost of the treatment significantly that has created the massive pricing readjustment in RGLS' share price.
It's the incredible potential that RNAi and miRNA targeting therapeutics are beginning to demonstrate. As the company states, they believe that targeting miRNA and disrupting the pathways that perpetuate disease could be useful in myriad of potential applications. This is a whole 'nother potential vector in which disease could be treated. It's potentially hyper-disruptive to big pharma, and if they want in, they will have to pay up.
RG101 alone, if it can shorten HCV treatment to 4-8 weeks, would be worth at least 4 billion. RGLS' leading position in this modality of treatment gives it potential to be worth much more than that over time.
Valuing a company like this is difficult, because potential side effects MAY present themselves in future trials. I'm not an expert myself, but I doubt even the experts can be sure how to assess the risk of potential long-term side effects in such a novel form of treatment. For that reason, the company has to trade at a significant discount to the potential. My guess is that $30.00, or a market cap of just under 1.5 billion seems about right. However that's just a wild approximation.
One thing that I do know is that unless you have some technical scientific information that nobody else is privy to, DO NOT SHORT THIS COMPANY. It could seriously destroy you financially.