3SOF

Quote from: gri64 on February 21, 2006, 04:35:11 PM
Hi all,
We have a news:
http://biz.yahoo.com/e/060221/chid.ob8-k.html

"... China Digital will issue 18.5 million shares of its common stock..."
I'm not an expert in this field, but usually, new shares isn't good...
Any thoughts?

That's old news from Feb.15th due to the recent aquisition.

Sold at .598- 

Quote from: boatguy on February 22, 2006, 02:55:50 PM
Sold at .598- 

Dear Boatguy,

Why would you sell?

Mike

Michael,

I should explain, I believe CHID has more upside and wish I could hold long.

I have been lucky the last few months and have have some nice gains.

It is now time to spend it!

I have taken a 2 months off and will be taking my boat to the Abacos in the Bahamas. I will hold a couple stocks but think CHID and a couple others will need attention I won't be able to provide.

No fundemental or technical reasons, just going sailing!

Quote from: stocky on February 14, 2006, 09:35:37 PM
I was wondering if G's pick PTSC.OB could be a candidate for Pennies portfolio.

Just wish that David had read and picked up G's No. 1 pick for the Pennies Portfolio. The above quote is when PTSC was trading around 0.26

Quote from: stocky on February 23, 2006, 12:07:50 AM

Quote from: stocky on February 14, 2006, 09:35:37 PM
I was wondering if G's pick PTSC.OB could be a candidate for Pennies portfolio.

Just wish that David had read and picked up G's No. 1 pick for the Pennies Portfolio. The above quote is when PTSC was trading around 0.26

I know, I know, that was an astounding pick from Elite G (one more  ). When I took a serious look at it the stock was already up 200% ... but probably still a nice play.

Nice explanation boatguy, good sailing 

CHID.OB is still extremely attractive, both on a fundamental and technical basis. I'm not selling this stock near current levels, not at all, since this is the best pick on the Pennies on Fire Portfolio.

I am not an expert in Momentum stocks but from my experience you normally get a second chance to buy in. I have been waiting a long time to add to my position but today I got my second chance.

Even though the price this time around is a bit higher than my first purchase I think it is fully justified by the fundamentals of this stock.

Now I can just sit back and wait for the rest of the market to discover the value of CHID!

Mike

Quote from: Michael on February 28, 2006, 12:58:44 PM
I am not an expert in Momentum stocks but from my experience you normally get a second chance to buy in. I have been waiting a long time to add to my position but today I got my second chance.

Even though the price this time around is a bit higher than my first purchase I think it is fully justified by the fundamentals of this stock.

Now I can just sit back and wait for the rest of the market to discover the value of CHID!

Mike

The man did it again 

Exactly when technicals fail, Michael comes in with his fundamental expertise and he buys, against all technical logic, that says sell.

I'll just leave the annotated chart and wait for the outcome of this episode (the more I look into penny stocks, the more I know CHID.OB is quite unique and attractive as an investment).

China Digital Communication Group Announces Preliminary Year End Results

Better than expected and great guidance for next year.  Wow!  Michael, you and I agree wholeheartedly on fundamentals this time!     Highlights:

LOS ANGELES, CA and SHENZHEN, CHINA--(MARKET WIRE)--Mar 6, 2006 -- China Digital Communication Group (OTC BB:CHID.OB - News), one of the fastest growing battery components manufacturers in China, today announced its preliminary results for the year ended December 31, 2005 that exceeded its previously announced guidance issued on April 25, 2005.

China Digital reported preliminary total revenues of $12.7 million for the year ended December 31, 2005, an increase of 145% from total revenues of $5.2 million for the year ended December 31, 2004, and 11% greater than its previously announced revenue guidance of $11.4 million. China Digital reported preliminary net income of $2.7 million, or $0.05 per fully diluted share, for the year ended December 31, 2005, an increase of 517% from net income of $440,496, or $0.008 per fully diluted share, for the year ended December 31, 2004, and 4% greater than its previously announced net income guidance of $2.6 million.

***

Guidance for the Year Ending December 31, 2006

The following projections are on a consolidated, pro-forma basis and include the acquisition of Zhuo Tong, which is expected to close in the second quarter of 2006. In order to present an accurate picture of revenue and profit trends, the results stated for 2006 consist of sales and profit from Zhuo Tong, as if China Digital had owned the subsidiary for the entire year.

For fiscal year 2006, China Digital projects total revenues of $26.5 million and net income of $7.6 million, or $0.10 per fully diluted share.

****

Good numbers. That gives CHID a current PE of 11.4 and a forward PE of 5.6. CHID should be trading north of a dollar.

Did anyone ever figure out why it dropped from $1.80 to .40 between Jul 05 and Sep 05?

Wall Street News Alert: Aggressive Stocks for Traders! March 7, 2006
Tuesday , March 07, 2006 03:33 ET

Weston, FLA., Mar 07, 2006 (M2 PRESSWIRE via COMTEX) -- Wall Street News Alert's "stocks to watch" this morning are: China Digital Communication Group (OTCBB: CHID), Brocade Communications Systems, Inc. (NASDAQ: BRCD), Savvis, Inc. (NASDAQ: SVVS), One Voice Technologies, Inc. (OTCBB: ONEV), and Global Signal Inc. (NYSE: GSL).

China Digital Communication Group (OTCBB: CHID) may be another stock that shows some potential as the markets begin trading this morning. Yesterday after the stock markets closed, the company, one of the fastest growing battery components manufacturers in China, issued a press release announcing that its preliminary results for the year ended December 31, 2005 have exceeded its previously announced guidance issued on April 25, 2005 and furthermore, issues guidance for accelerated growth in 2006.

The company's impressive numbers may have the attention of investors! According to the company's press release, China Digital reported preliminary total revenues of $12.7 million for the year ended December 31, 2005, an increase of 145% from total revenues of $5.2 million for the year ended December 31, 2004, and 11% greater than its previously announced revenue guidance of $11.4 million. China Digital reported preliminary net income of $2.7 million, or $0.05 per fully diluted share, for the year ended December 31, 2005, an increase of 517% from net income of $440,496, or $0.008 per fully diluted share, for the year ended December 31, 2004, and 4% greater than its previously announced net income guidance of $2.6 million.

Wall Street News Alert continues to place aggressive investors on high alert to monitor China Digital Communication! The company's guidance for the year ending December 31, 2006 was reported as follows: The following projections are on a consolidated, pro-forma basis and include the acquisition of Zhuo Tong, which is expected to close in the second quarter of 2006. In order to present an accurate picture of revenue and profit trends, the results stated for 2006 consist of sales and profit from Zhuo Tong, as if China Digital had owned the subsidiary for the entire year.

For fiscal year 2006, China Digital projects total revenues of $26.5 million and net income of $7.6 million, or $0.10 per fully diluted share.

Watch this company for more breaking news! Chang Chun Zheng, CEO and Chairman of the Board of China Digital, said, "We have created a scalable operating platform that allows our two subsidiaries, E'Jenie and Zhuo Tong, greater access to shared resources, as well as provide significant cross-marketing and referral opportunities, which we believe can increase revenues by 100% year-over-year in 2006. If 3G systems are readily adopted in China, as we anticipate they will be, our initial projections for 2006 could be significantly higher due to increased demand for 3G components to power various telecommunicatons equipment and lithium ion mobile phone batteries. In addition to new markets, China Digital will continue to pursue business opportunities with a focus on achieving profitability through additional mergers and acquisitions within the telecommunication equipment and new energy industry fields."

Prior to yesterday's press release, the stock closed yesterday at Fifty Six cents a share.

To view a detailed, in-depth profile of China Digital Communication, visit http://www.thenewssvc.com/CHID030606.html To view all of Wall Street News Alert's special early morning trading alerts for this morning, visit www.WallStreetNewsAlert.com, where you may also sign up to receive free email alerts in advance of our press releases being issued.

In case you are not familiar with the company: Through its two wholly owned subsidiary companies, China Digital Communication Group is one of China's leading manufacturers and developers of advanced telecommunications equipment. Its Shenzhen E'Jenie Science and Technology Co., Ltd. ("E'Jenie") subsidiary sells advanced high-quality lithium ion battery shell and cap products to all major lithium ion battery cell manufacturers in China. E'Jenie's products are used to power mobile phones, MP3 players, laptops, digital cameras, PDAs, camera recorders and other consumer electronic digital devices. China Digital's Shenzhen Zhuo Tong ("Zhuo Tong") subsidiary specializes in manufacturing and distributing high-frequency power supply and reversible power supply equipment for communication equipment producers in the IT, power, and radio and television broadcast industries. Zhuo Tong is also a leading developer of third generation (3G) power supply technologies and equipment. China Digital is continuing its expansion across East Asia, while also seeking distribution partners and acquisitions in new global markets including the United States.

http://www.knobias.com/individual/public/news.htm?eid=3.1.0aa0817dba4a2df913600dd34f843b0d8aa59c48cf5a042a1caab8106e4ea097

CHID Gap-up @ open ... it's a huge one

I will sell now from here & come back later, or is it a breakaway GAP?

Hi Terlisa and Oliver,

This is one of the reasons I love 3SOF. You really see both sides of the coin. Oliver (I think) and I see a share that is growing earnings with 517% and is trading at a forward PE of 6.3.

You see a stock that has a gap up and decide to take profit.

The beautiful thing is that I am sure all three of us will earn money on this stock even though our trading philosophy is soooo different!

Mike

Quote from: Michael on March 07, 2006, 02:48:17 PM
Hi Terlisa and Oliver,

This is one of the reasons I love 3SOF. You really see both sides of the coin. Oliver (I think) and I see a share that is growing earnings with 517% and is trading at a forward PE of 6.3.

You see a stock that has a gap up and decide to take profit.

The beautiful thing is that I am sure all three of us will earn money on this stock even though our trading philosophy is soooo different!

Mike,

Don't worry... i will join with you soon again  

QuoteCHID Gap-up @ open ... it's a huge one Wink

I will sell now from here & come back later, or is it a breakaway GAP?

Well, it wasn't a breakway gap since those are the ones that gap up over a resistance level. You did well taking profits, are you back in again Terlisa? I hope so, because CHID.OB really looks like a great opportunity.

Even if it doubles now it would still be cheap ... and they say their estimates of $0.10 in EPS for 2006 still don't take into account 3G in China, and shawFund, who goes to China regularly, says they will most probably adopt 3G.

Well, I'm glad to own this one ...

Quote from: Lucas Scott on March 06, 2006, 07:11:06 PM
Good numbers. That gives CHID a current PE of 11.4 and a forward PE of 5.6. CHID should be trading north of a dollar.

Did anyone ever figure out why it dropped from $1.80 to .40 between Jul 05 and Sep 05?

Still don't know why ... perhaps it was because of fear those 7 shareholders which have shares at $0.05 would dump them when they can. I don't know, but certainly they won't sell, or even if they do, someone will gladly take their shares, since the stock is so cheap (at least if these reports are all true, we hope there's no fraud here).

I'll continue holding CHID.OB.