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China Finance Online Co. Limited (JRJC)

NasdaqGS - NasdaqGS Delayed Price. Currency in USD
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2.31+0.31 (+15.50%)
At close: 4:00PM EDT
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  • J
    Jay
    Jay
    accumulation is obviously going on, have been higher on much higher volume with little positive news. I still think current management need to be taken out, very bad in communication, revenue growth despite excellent alexa user traffic ranking of 55 in china. Not translating in revenue or profit. This is a turn around value play. I hope well funded private Chinese fintech or public companies wants backdoor listing to NASDAQ, take company out, replace current incompetent management team which they don't even have a CFO at this time, and JRJC could be like a YRD (which at one point was $3, now $40) play betting on growing large addressable Chinese middle class
  • M
    Michael
    Michael
    hope we have more steam in the engine and this is just the beginning
  • z
    zavy
    zavy
    First the good news: Q2 results as expected. Marginal improvement on top & bottom lines from Q1. Rebranded robo advisor continues to perform well. Company still on track to return to positive cash flows in Q4. JRJC delivered exactly according to guidance...

    Now the less good news: There was no comment on stock being priced below book/cash value, and no mention of buyback program. China govt still restricting commodities trading. And regarding mgmt communication, I would expect more of the same... Which is none at all. See you in 3 months JRJC.
  • S
    Sven
    Sven

    Be sure to understand the risks before investing in China. However, I am a bull and long. https://www.youtube.com/watch?v=2biwaL1Fysg

    The Risk of Investing in China - Bear Case
    I am a China bull but nevertheless it is very important to understand the risks of investing. I analyze the Chinese wealth management products market, their ...
    www.youtube.com
  • M
    Makayla
    Makayla
    JRJC appears to suggest upside opportunity. awe-some*sto-ck*s recently alerted this company i think. google them.
  • z
    zavy
    zavy
    and we are officially making money! what a roller coaster this thing has been...
  • A
    Aaron
    Aaron
    Highest Volume day since 2015
  • A
    Aaron
    Aaron
    $2 a share in Cash now. It is dwinglin away fast. The 4th Qtr can't get here fast enough to save us!
  • M
    Michael
    Michael
    Am I seeing things or do we have a premarket trade here and to the upside??
  • z
    zavy
    zavy
    fingers crossed today's 7% pop (and this week in general) is an early indication the 8/16 earnings will be less painful than expected...
  • J
    Jay
    Jay
    management and zhiwei Zhao has remain silent, no buyback, no announcement, despite stocks hitting 52 week low every single day. they are most incompetent people around ever, loses more money than revenue. Only trading at 1/2 of cash reserve. Someone buy this company and fire all the management including the clueless CEO, so much potential for a turnaround, like YRD, even XRF, to a large addressable growing middle class
  • J
    Jay
    Jay
    As retail investors which are all of us on these posts, we are all longs and have suffered tremendiously and shocked at the value destruction by managment, especially zhiwei zhao. Jeff Wang CFO has resigned because either he is afraid of future lawsuits or thinks JRJC has no future or dispute with Zhao. There are a few potential end to this, the best for us is buyout by chinese financial company which is currently private and want backdoor listing to NASDAQ, would be a win win solution for the buyer and us. zhao unfortunately will also go away with plenty of cash because he owns 25% of the company. Another solution is Zhao led buyout, which he could do and low ball us, that's say $2, then he wins, we loss, then will lead to lawsuits. Third solution is status quo, which still could be a positive outcome from here if management turns it around and monetize their high traffic to jrj.com.cn successfully. I have lost all hopes that zhao or management will do share buyback or insider buy at any price. This is an absolutely nightmare and I am holding at this price. Any of the solutions, even bankrupt and liquidate assets, such as client's cash reserve which zhao can not spend, jrj.com.cn probably worth 20 million since stockstar.com sold for 21 million, 2 mutual fund license probably worth a few millions, and brokerages in hongkong worth another few millions, still is above current price per share
  • S
    Stock
    Stock
    JRJC Book Value Per Share (mrq) 3.34$ Chart Extremly Oversold Both on a Techincal and Fundamental Level Buy
  • P
    Paul
    Paul
    My bet is Zhao arranges a big precious metals buy so he can show a big quarter to keep everyone happy
  • M
    Malena
    Malena
    Are they driving the company to the ground? I don't get it...
  • J
    Jay
    Jay
    its very shameful that Chinese fintech sector is on fire, such as YRD, NOAH, and now even XRF. CEO and management of JRJC has not announce anything positive for shareholders, even status of hiring CFO, or even some positive progress note. I hope someone buys JRJC out with it's own cash, and fire them all. so much potential with their web traffic, absolutely no execution and communication, shame on zhiwei Zhao.
  • z
    zavy
    zavy
    This CEO is asleep at the wheel. Somebody please buy JRJC with their own cash, then sell off their assets and close up shop.
  • L
    Lip
    Lip
    JRJC has $3 per share, how does compare to other China fintech group like YRD NOAH XRF? why the drop way below cash value?
  • z
    zavy
    zavy
    @Yahoo Finance Insights - JRJC spent most of 2012 & 2013 below current stock price, before rebounding from 2014 to 2016. how are these "All Time Lows" or "Ten Year Lows"? fake news...
  • z
    zavy
    zavy
    price spends two hours at $1.74, then drops $.03 in the last five minutes... again. what a surprise.