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Fuwei Films (Holdings) Co., Ltd. (FFHL)
NasdaqCM - NasdaqCM Real Time Price. Currency in USD
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As a reminder, this company will be merging with Enesoon New Energy Limited, a renewable energy company with multiple contracts and facilities in mainland China. This is the summary of operations from Crunchbase: "China’s largest private thermal energy storage (TES) provider, offering professional services for clean HVAC. Its 629 partners span 21 provinces, 105 cities, and 629 counties The company is contracted to provide services 500 million square meters of building area. With its proprietary TES system capable of supplying both heating andcooling, Enesoon has applied for over 700 patents, accounting for more than 73% Chinese patent applications in the industry. Enesoon’s IP profile includes PCT applications, approved patents in the EU, US, and PRC, ensuring strategic intellectual property deployment worldwide. Designated as a National High-tech Enterprise, Enesoon is an Intellectual Property Advantages Enterprise and the “17th Shenzhen Top Brand.” The Company further has partnerships with established institutions such as China’s Academy of Science, MIT, and UC Berkeley for research & development. Currently, Enesoon has operated 20+ national or provincial projects for 4+ years, accumulating invaluable data from its IoT-enabled systems and local agencies."
After the merger, there will be 114M shares outstanding and of course the revenues and book value of Enesoon will add to the existing measures of the company. High liquidity and a leadership position in China's green energy sector will mean institutional investment and a possible spot in one of the indexes. Exciting times ahead!
Saying this is a scam is not a magical incantation, saying it is does not, by itself, make it so. This is a very small company from an emerging market, that chooses to not have an audit every quarter. Audits are expensive. I know because I ran my own company. This company is owned 65% by insiders and institutional ownership is over nine %. Of course it is a more speculative play as most small companies are, especially since it is in an emerging market. It also has a track record going back over ten years. Do what you want with your hard earned money, but at least do a minimum of research on your investments.
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There's gonna be a huge increase today or tomorrow. Look at the huge volume last Friday. In order to sell out the stocks they collected, the big forces have no choice but to pump.
in with 1000 shares from Friday
unaudited means fake earnings with a pump to dump stock.
most likely Gaps get Filled in this case, lets watch
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3.2 million shares total. 4.3 m traded in 2 hours? hmm..
😎🤑 THIS MAY FLY LIKE Chinese co EH is CLIMBING
TIME WILL TELL 💰💰💰
in and bullish - Low Float !!!
Fraudci is a Criminal
FFHL is extremely underpriced at $4.00; they just beat earnings big time and they are also unaffected by COVID-19. From their report: “To date, the COVID-19 has had no material adverse affect on our operation.“ Furthermore, China is unlikely to be lockeddown. Considering most of FFHL’s revenues come from China, FFHL has largely escaped the COVID-19 pandemic and is now in a stronger financial position.
If volume holds above 25k per day (it has a 1.7mm float) then it goes to $20
It won’t stay at this level - low float 20$ coming baba says
Bechody smart person to short a company with p/e 2 and super growth earnings ...he just lost 300 % in one month HHHSHHAHHHAHHAHHAH
FFHL was trading at $20 the last time they had an earnings report this good.
FFHL is very strong lately.
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