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CTGLF next leg up

Started by FreeLove, December 13, 2005, 02:09:46 PM

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FreeLove

stock making higher highs and higher lows. should bounce up nicely here.
near breaking the 9 wilders and williams showing buy confirm close.

i need some help on how to post chart images
i ll try again


FreeLove

about to break ema  and amcd rsi showing early confirmations.

will add more after .10 break

FreeLove

from recent filings,

The Company's leading industry position is further leveraged by its relationship to China Merchants DiChain Holdings Limited, the Company's major shareholder who is a reputable member of China Merchants Group, one of the top 50 national enterprises in China with over $30 billion assets under its management

FreeLove

For the twelve months ended March 31, 2005, the Company reported revenues of $2,253,000 with gross profit of $1,555,000, approximately 69 per cent. As of March 31, 2005, the Company had working capital of approximately $29,452,000, as compared to $3,655,000 at March 31, 2004. Cash and cash equivalents at March 31, 2005 were $13,072,000, as compared to $2,059,000 at March 31, 2004. Total assets were $111,799,000 and stockholders' equity amounted to $86,395,000.



FreeLove

Once this breaks over the 200 ma
a move up to the .20-35 level should be expected.

Volume is coming also expect a short bounce.

If any one can please advise me on how to put up charts would be apreciated.

The macd and obv are about to cross



trender

Looks interesting I will be watching it tomorrow. It hit my screener tonight.

FreeLove

you might got entry on this dip here expect it be good going into next week

deadcenter

CTGLF gonna be a great one! This is just beginning.  This company is profitable and has a monopoly in China.  The chart looks awesome.  .12 is a breakout point and i think it will happen soon!

lbotez

I've been in this stock for over a year.

Last year they lost $4 M when they switched the focus of the company.

This year they made a profit.

Not many penny stocks make profits... 

I'm expecting this stock to go up considerably.  It's .11 at the moment; should double, imo.

Livana

I just saw this post and looked at the company's financial for the past 3 years.

Income Statement   http://finance.yahoo.com/q/is?s=CTGLF.OB&annual
Balance Sheet   http://finance.yahoo.com/q/bs?s=CTGLF.OB&annual
Cash Flow Statement   http://finance.yahoo.com/q/cf?s=CTGLF.OB&annual

They have been consistently going from negative $13 M net loss to a small but nice $148 K net income. From a negative $8 K to a positive $2 M, then $10 M cash flow.
There is also a nice $35 M account receivable which will show in next year's income statement.

This all looks good to me... can anyone give feedback??

deadcenter

The shareholder equity in this company is $86,000,000.00 +
If you take the o/s and divide it into this figure it equals to
.32 per share! We are trading at 34% of book value. That shoud be at least 400% of book value. Take that into consideration and we should be sitting at $1.28 now.
THIS STOCK IS GROSSLY UNDERVALUED!




Malum2006

Quote from: deadcenter on December 17, 2005, 02:12:18 PM
The shareholder equity in this company is $86,000,000.00 +
If you take the o/s and divide it into this figure it equals to
.32 per share! We are trading at 34% of book value. That shoud be at least 400% of book value. Take that into consideration and we should be sitting at $1.28 now.
THIS STOCK IS GROSSLY UNDERVALUED!





Book value is important as a liquid indicator of a stocks price, my question is about the shares outstanding...

263,948,336 SHARES OF COMMON STOCK AS OF MARCH 31, 2005

That's nothing to sneeze at. At the price of .11 is a market cap of 29,034,316.96 and they claim a 148 thousand profit.  I dont even want to calculate 148K by those shares...this is quite speculative.

I guess my real question here is what kind of multiple should be acceptible? I am interesting but I want to set my buy sell parameters based on someting more than a hunch....do we have competitors that can give us a ratio we can look to? Thanks!

traderich

Yeah! It is near the crossing point MA (200) Should soar once it reach it!