3SOF

CTDC2

Looking GOOD ! TERLISO, are you in this ??

Quote from: REALDEALS21 on October 09, 2006, 10:32:01 AM
Looking GOOD ! TERLISO, are you in this ??

I got in @ market open

good for you Terliso..if you are holding it. 

Smoking today !

Update: closed now above $7.00

got stop out @ 6.30 ---> loss $20.00 commission

Hey guys, no one following this 1 anymore ?? EXPLOSIVE !!!!!! OF COURSE NO NEWS !

My analysis was correct but I got stop out from this trade.... argggg you devil !! 

Im suprised to see ctdc down today when china is up so much. ctdc usualy flys when china is up. Any thoughts?

Well it was down, I guess that wasa delayed  reaction. 

Any body still in this? I just bought some at 7.80. With less then 1 million float it realy moves fast.

Gotta love this chart.  China stock and now a solar stock

China Technology Announces Proposed Acquisition of All Solar Energy Related Assets of a Leading Solar Products Provider
Monday September 17, 7:30 am ET

HONG KONG, Sept. 17 /Xinhua-PRNewswire-FirstCall/ -- China Technology Development Group Corporation (Nasdaq: CTDC; "CTDC" or the "Company") today announced the proposed acquisition of all solar energy assets and business of Shenzhen Soyin Electrical Appliance Industrial Co., Ltd. ("Soyin").

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The Company expects to contribute US$5.8 million (RMB43, 800,000) in cash consideration to a new joint venture, Shenzhen Shengguang New Energy Technology Co., Ltd. (the "JV Company"), pursuant to the joint venture agreement signed by the Company and Soyin on September 14, 2007. The Company will be the largest shareholder of the JV Company, holding a 49% ownership interest. All of Soyin's existing solar energy business will be solely operated by the JV Company upon completion of its establishment. In addition, the board of directors of the JV Company will consist of five directors and three of them will be appointed by the Company.

Soyin, founded in 1998, is a leading Photovoltaic (PV) application product provider in China. Soyin's major customers are from overseas which include Atico (one of the largest trading companies in U.S.), Test Rite Group (top 3 trading companies in Taiwan) and Axone (top trading company in France), etc.

Mr. Alan Li, Chairman and Chief Executive Officer of the Company, commented, "This acquisition of the solar energy business presents a significant opportunity to accelerate the expansion and growth of the Company's business portfolio in the solar energy market. We are committed to growing our business both through organic growth and strategic acquisitions."

Mr. Zhenwei Lu, General Manager of China Merchants Technology Holdings Co., Ltd., stated, "With strong government endorsement and abundant resources from China Merchants Group, the largest shareholder of CTDC, this acquisition represents a significant step in CTDC's strategy to invest in the solar energy business. We believe it's a natural fit for CTDC to further invest in the downstream application sector and are fully supportive of its business expansion."

About CTDC:

Earnings and this.

:42AM China Technology Devlpmt issues 1H press release with previously reported results (CTDC) 8.36 : In addition to the previously reported 1H results, CEO commented, "The Company's interim results for the six months ended 30 June 2007 has been a good progress despite some keen competition in the existing businesses. We planned to focus on the new venture plans in the renewable energy business to pave the way for the Company's longer-term growth and expansion. We firmly trust the investments will increase the shareholder values and tie in with our business development plans."  See Friday's 7:59 comment for the original 1H earnings report.
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Up 28% P.M.

Up 40%