TOMO - TOM Online Inc.Profile: TOM Online, Inc. provides multimedia products and services. It delivers its products and services from its Internet portal to the users through their mobile phones and through the company's Web sites. TOM Online's primary business activities include wireless Internet services and online advertising. http://finance.yahoo.com/q/pr?s=TOMO
News and Fundamentals:TOMO had a great quarter!
QuoteTOM Online Reports 33 Pct. Rise in Profit
Friday March 17, 6:10 am ET
Chinese Wireless Company TOM Online Reports 33 Percent Rise in 2005 Net Profit
http://biz.yahoo.com/ap/060317/china_tom_online.html?.v=1
Chinese stocks seem very bullish!
QuoteChinese Net Stocks Gain on Upbeat Report
Wednesday March 29, 3:31 pm ET
Chinese Net Shares Climb After Analyst Forecast Strong Industry Growth
http://biz.yahoo.com/ap/060329/chinese_net_stocks_mover.html?.v=1
This news should help TOMO grow even more!
QuoteTOM Online and Titan Sports Join Forces on FIFA World Cup Coverage
Wednesday March 29, 3:30 am ET
Exclusive Cooperation to Deliver Sports as Another Major Mobile Media Application
http://biz.yahoo.com/prnews/060329/cnw005.html?.v=12
Good Earnings, Chinese Internet stocks strong, and World Cup boost in revenue on the way. 3 things going our way. Now for the fourth...
Technicals: TOMO started trading in 2004 and it has a very nice chart. Breakout today came on over 2xavg(60ema) volume. Moving averages(9,20,50) are clustered tight together and now expanding out with this move showing a lot of power with support nearby. Still we should not chase this stock so we will buy in the morning at our price or not at all. Looking to sell around 29 and we will protect ourselves with a sell on close below 22.20. Excellent risk/reward ratio!
We will buy TOMO in the morning under 24.40.
Bought at 24.39
update TOMO:
TOMO gapped to start the day and fell back to where we could make a safer buy. The close was weak but stayed above halfway into yesterdays tall white. Lets see if TOMO can turn this around soon.
We will hold TOMO unless it closes below 22.20.
update
TOMO:
TOMO had a great day for us Friday, gaining almost 7% on high volume and finishing at the high of day! :o
This article came out midday.. it seems this guy agrees with my analysis: 8)
"Our top pick in this report is Tom Online, a strong market leader that we believe has excellent fundamentals and sustainable advantages," Tieu said in a client note.QuoteChinese Internet Stocks on the Move
Friday March 31, 12:42 pm ET
Tom Online Gains After Analyst Recommends Stock; Baidu Slips on Competition Concerns
http://biz.yahoo.com/ap/060331/china_internet_mover.html?.v=1
Since we got a strong move from our buy area I feel comfortable raising the stop higher to reduce our risk. Support is given by the ascending trendline(magenta), 24, 23.80, 22.75. For now looking to sell around 29.. but we'll giive a more detailed target as the stock develops this week.
We will hold TOMO unless it closes below 22.65.
OT:
Hi EliteG - what do you think of BCGI - the chart looks great, 50MA just cross over to 200MA recently.
Quote from: cnguyen408 on April 02, 2006, 07:21:20 PM
OT:
Hi EliteG - what do you think of BCGI - the chart looks great, 50MA just cross over to 200MA recently.
hi cnguyen, I answer TA questions at G-Force in G-TA: http://www.3stocksonfire.org/trading/index.php?board=23.0
the TOMO thread is only for TOMO stuff ;)
BCGI looks like a solid gap fill play, strong trend in play.. nice volume.
update TOMO:
Today we had a gap up that finished in a nice little hammer candle! 8) TOMO is now in blue sky territory which means it has never been this high before.. >:D This bodes well for selling TOMO at a great price. So its time to setup a target sell and lift the stop higher. I could lift the target if TOMO builds up correctly beforehand. ;)
We will hold TOMO unless it closes below 23.50 or hits our target of 29.
Sweet, Cramer is pumping TOMO, always good for an extra 5% or so at least >:D
thx for the heads up toky ;) I see TOMO up after hours >:D
:D looks like we may have to sell at our target tomorrow
TOMO has been fast and furious! :o.. if it doesnt hit our target today.. I may revise upwards ;)
update TOMO:
We had a Cramer effect on the stock today and it gapped higher with extremely high volume. This puts us on the watch because this is an exhaustion type move. The stock is solid as the analysis earlier showed so we will be creative and aggressive. The stop will be tight just below the days low @ 27.47 and we will remove the target in case TOMO wants to run from here or build a base to run from. If we hit the stop it was a nice run ;) and we will look to pick TOMO back up.
We will hold TOMO unless it hits our stop @ 27.47.
Restarting position TOMO:
We have been keeping an eye on TOMO and it is time to pick this stock back up. TOMO did great for us last time(+14.25%) and I think it will do even better this time around.
Since our sell(4/6) TOMO felt rejected :D and has fallen gracefully down to an attractive buy area. Q1 earnings are released on Wednesday, May 10th and so there is a strong possibility that TOMO will run into these earnings.
Entry: We will try to pickup TOMO in the morning with a limit @ 24.65. If this does not execute we will buy at the market after 12pm.
We will buy TOMO according to plan on 4/28.
update TOMO:
So we picked up TOMO again and did not get the greatest fill but I wanted to make sure we had a position before this took off. It is always tough to pick a bottom and TOMO could continue down so we will place a stop risking ~9% from our entry. TOMO should get going before earnings May 10th.
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Position: bought TOMO @ 25.60 on 4/28/2006
Order: Hold
Exit: stop @ 23.35
Target: n/a
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update TOMO:
This is exactly the reason why I wanted to pick-up TOMO early before it reversed! TOMO has put in 2 tall whites on above avg volume after our buy 3 trading days ago!! It has set the stage to explode to new highs now before earnings and we obtained the best seats in the house... I would be surprised if we aren't trading above 30 soon. Time to move that stop up. 8).
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Position: bought TOMO @ 25.60 on 4/28/2006
Order: Hold
Exit: stop @ 24.27
Target: n/a
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You are the man G! Great timing (http://mdteague.com/bowdown.gif)
Just bought some TOMO today, at 27.69 - 27.95. Any thoughts today G about TOMO?
TOMO looks solid Null ;).. a bit of a pause near all time highs is ok :D Soon comes the fun part.. but remember to adjust your stop for your entry and risk tolerance.
Sounds good G ;D, looking foward to the next couple days
Quote from: SmartWrasse on May 03, 2006, 08:47:24 AM
You are the man G! Great timing (http://mdteague.com/bowdown.gif)
lol, Thx smartwrasse! 8)
update TOMO:TOMO continues to hang around just below breakout. The pattern looks very bullish.. we can slide up that stop a bit more... Earnings are Wednesday pre-market and we are planning on holding through.
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Position: bought
TOMO @ 25.60 on 4/28/2006
Order: HoldExit: stop @ 24.89Target: n/a
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Earnings due out tomorrow before open, hopefully they beat estimates.
TOMO up 6% in AH.
Influenced by BIDU which is up 25% in AH.
I think all chinese companies are gonna go up tommarro.
I hope CHID goes up.
damn nice! Just got back from doing some stuff, I got 1400shrs riding on tomo going to love tomorrow... Nice Bidu action its up over +13 and nice +20-25% gain in AH. ;D ;D
Earnings are out!
QuoteTom Online Inc. Reports 1Q 2006 Revenues up 37.7% YoY
Wednesday May 10, 5:15 am ET
Non-GAAP Net Income up 41% YoY as Company Consolidates Wireless Internet Leadership
http://biz.yahoo.com/prnews/060510/cnw016.html?.v=2
Highlights:
--------
FINANCIAL HIGHLIGHTS
-- Total revenues were US$ 48.58 million ("mn"), an increase of 37.7% from
the same period last year and up 1.0% from last quarter. This was at
the high-end of the Company's 1Q06 guidance range of US$ 47.7 mn to US$
48.5 mn.
-- Wireless Internet revenues were US$ 45.49 mn, representing a 36.0%
increase over the same period last year and a 2.0% increase over the
previous quarter. Wireless Internet revenues made up 93.6% of the
Company's total quarterly revenues.
-- Online advertising revenues were US$ 2.70 mn, representing a 70.5%
increase over the same period last year, but a decline of 15.5% quarter
on quarter (''QoQ'') due to seasonality.
-- Net Income was US$ 12.14 mn, an increase of 32.5% from the same period
last year but down 4.6% from the last quarter due to recognition of
share-based compensation ("SBC") expenses and seasonal impacts.
-- Non-GAAP Net Income, which excludes SBC expenses of US$ 0.78 mn, was
US$ 12.91 mn, representing an increase of 41.0% year on year ("YoY").
-- Fully diluted earnings per American Depository Share ("ADS") were US$
22.6 cents per ADS or US$ 0.28 cents per common share.
-- Non-GAAP fully diluted earnings per ADS were US$ 24.1 cents per ADS or
US$ 0.30 cents per common share, after adjusting for SBC expenses.
-- Balance of cash, short-term bank deposits and marketable securities was
approximately US$ 139.03 mn at the end of the first quarter 2006.
------------
- Based on current information and expectations as of May 10th, 2006, the Company estimates total revenues for the second quarter of 2006 would be between US$50.0 mn and US$51.5 mn.
So we're letting the market decide if it's a "sell" b/c we have our stop in place?
Jody
Should of sold afterhours yesterday numbers are good but the trading is down doesnt make any sense. Going to be a voltile day still holding :P hopfully it closes green
Quote from: 422fwhp on May 10, 2006, 09:23:21 AM
So we're letting the market decide if it's a "sell" b/c we have our stop in place?
Jody
Exactly. ;)
Quote from: nullzero on May 10, 2006, 09:38:34 AM
Should of sold afterhours yesterday numbers are good but the trading is down doesnt make any sense. Going to be a voltile day still holding :P hopfully it closes green
This is how the Chinese Internets act.. very wild swings.
TOMO's numbers are fine and I dont see our stop being hit.. most likely building an inverse head and shoulders for a breakout.
trading looks much better heading into the 27s soon
UPDATE:
strong resistance at 27.00
closed down -5% at 26.30
Hopefully tomorrow is a better day.
Downgraded by ..... who? Brean Murray. who? http://breanmurraycarret.com/ These guys I guess.
I should of been out of TOMO already if it break below 25 im out. Its going to tumble more after hitting www.3stocksonfire.org stop. Im down -10% and broke my own rule :(
im out lost 4K ;(
Hi G,
Since this hit our stop(and went below) did you sell?
Thanks
Lalitha