CDS

[kslifka]

Gotta love this chart.  I bought a couple of days ago...was pissed off yesterday.  
Much happier today

[setravis]

Gotta love this chart.  I bought a couple of days ago...was pissed off yesterday. 
Much happier today

If you loved it then, you gotta love it now !
Getting the bounce off a 50% Fibonacci retracement...

kslifka, Applaud the pick...Nice work on your find !


52wk Range: 2.49 - 12.95
Volume: 2,649,100
Avg Vol (3m): 709,167
Market Cap: 174.21M
P/E (ttm): 39.08
EPS (ttm): 0.27

Technicals
Most Actives
Percentage Gainer

Last Price Quote is:
14.01%above 13-day MA
51.33%above 50-day MA
RS Rating: N/A 

Fundamentals
Key Data:
Market Cap (M): N/A 
P/E Ratio: N/A 
PEG Ratio: N/A 
Next Earnings: 11/08/2007
Last Analyst Rating: N/A

[setravis]

AP
China Direct Boosts 2007 Outlook
Monday October 22, 9:27 am ET 
China Direct Raises 2007 Profit and Sales Guidance; Plans to Boost Growth Through Acquisitions


BOCA RATON, Fla. (AP) -- China Direct Inc., a U.S. company that owns controlling stakes in Chinese businesses and provides consulting services, said Monday it increased its 2007 earnings outlook 15 percent after initial reviews of third-quarter earnings.


China Direct expects net income to exceed $9.5 million for the year, up from previous guidance of $8.25 million.

Revenue is likely to exceed $175 million in 2007, up from a previous expectation of $150 million.

In addition to the better-than-expected performance from operations, the company said it recently got a cash infusion of $13 million from outstanding stock purchase warrants that have been exercised. The additional funds, coupled with strong cash flow from operations, will allow China Direct to accelerate its growth plans by acquiring more companies "that can quickly contribute to our overall operations," China Direct's Chairman and Chief Executive, James Wang, said in a statement.

Shares of China Direct rose $1.15, or 13.8 percent, to $9.49 in premarket trading. Shares have traded between $2.49 and $12.95 during the past year.

[kslifka]

Gotta love this chart.  I bought a couple of days ago...was pissed off yesterday. 
Much happier today

If you loved it then, you gotta love it now !
Getting the bounce off a 50% Fibonacci retracement...

kslifka, Applaud the pick...Nice work on your find !


52wk Range: 2.49 - 12.95
Volume: 2,649,100
Avg Vol (3m): 709,167
Market Cap: 174.21M
P/E (ttm): 39.08
EPS (ttm): 0.27

Technicals
Most Actives
Percentage Gainer

Last Price Quote is:
14.01%above 13-day MA
51.33%above 50-day MA
RS Rating: N/A 

Fundamentals
Key Data:
Market Cap (M): N/A 
P/E Ratio: N/A 
PEG Ratio: N/A 
Next Earnings: 11/08/2007
Last Analyst Rating: N/A

Thanks Setravis, but I sold CDS a week and a half ago....after it couldn't hold $12.  But with earnings and chart looking good I may re-enter tomorrow.

  Actually after the market decided to extinguish the "China Fire" over a week ago.  I will be looking to get back in some of the China stocks that have pulled back.  Fundamentally, I like ORS, TSTC, GFI and SDTH.  More speculative China stocks I'm looking at are CTDC, GRRF and CNTF.

[WallStreetnBio]

China Direct Raises 2007 Forecast

"The company also expects 2008 profit of more than $20 million on revenue above $270 million."

$20 million in revenue for 2008 / 19.9 million shares outstanding = 2008 EPS of $1.00

$1.00 x 30 PE ratio = $30.00 stock price

not bad for a $10 stock...this is a home run 

[WallStreetnBio]

$65.5 million in the 2008 acquisition pipeline with 51% stake equals $33.405 million net income from acquisitions. Plus $26 million in internal income equals 2008 income of $59,405,000. 

2008 acquisition pipeline

- Oil refinery company – newly built 300,000 ton oil storage facilities, revenues up to $300 million with $15 mm in net income

- Two Zinc processing companies – revenues up to $30 mm with 10 mm in net income

- 40,000 tons Magnesium facilities – revenues up to $130 mm with $26 mm in net income

- 20,000 tons Zinc refinery – revenues up to $60 mm in revenues with $12 mm in net income

- Software JV – revenues up to $10 mm with $2.5 mm in net income


I expect Q4 of 2008 to have a net income of $14,851,250.  With 22,000,000 shares outstanding that gives an Q4 EPS of $0.67.  Assuming no growth, 2009 EPS would be $2.68. With a 20 PE multiple that gives a stock price of $53.60. This is a very conservative estimate.

[bjc]

I agree with you that this looks very attractive on a fundamental basis. 

I just hope I don't lose every cent I have in this downdraft we're in the midst of..

[WallStreetnBio]

China Direct, Inc. to Web Cast Presentation at the Roth Capital Partners China Comes to Phoenix Conference on November 29, 2007

BOCA RATON, Fla., Nov. 20 /PRNewswire-FirstCall/ -- China Direct, Inc. (Amex: CDS - News), a U.S. company that owns controlling stakes in a diversified portfolio of Chinese entities and assists Chinese businesses in accessing the U.S. capital markets, announced today that its CEO, Dr. James Wang and COO, David Stein, will present at the Roth Capital Partners China Comes to Phoenix Conference held at the Royal Palms Resort and Spa, 5200 East Camelback Road, Phoenix, AZ 85018, on Thursday, November 29, 2007. The presentation will begin at 3:15 p.m. EST or 1:15 p.m. MST.

During the presentation, management will summarize the progress made by the company over the nine months of 2007, as well as provide management's overall outlook for 2008.

For shareholders and investors who are unable to attend the conference, a web cast of the presentation is available for you at http://www.wsw.com/webcast/roth14/cds/ starting at 3:15 p.m. EST or 1:15 p.m. MST on Thursday, November 29, 2007.

Shareholders and investors will have the opportunity to meet one-on-one with management while they attend the conference. If you would like to schedule a meeting with China Direct's management team, please contact Thomas Walsh of HC International at 212-398-3486.

In addition, Dr. James Wang, together with China Direct's investor relations team, will conduct a road show where they will have one-on-one meetings with numerous institutional investors starting November 26th to November 28th in the Dallas area and December 3rd to December 6th in the areas of San Diego, Los Angeles and San Francisco. If you would like to schedule a meeting with China Direct's management team while they are in the areas listed above, please contact Thomas Walsh of HC International at 212-398-3486.

[WallStreetnBio]

Dutton Associates Announces Investment Opinion: China Direct Strong Buy Rating In Update Coverage By Dutton Associates
Wednesday November 21, 10:47 am ET

EL DORADO HILLS, Calif.--(BUSINESS WIRE)--Dutton Associates updates its coverage of China Direct (AMEX:CDS - News) raising its rating to Strong Buy and a higher $15.52 price target. The 16-page report by Dutton senior analyst Stanley Ng is available at www.jmdutton.com as well as from First Call, Bloomberg, Zacks, Reuters, Knobias, and other leading financial portals.

China Direct recently announced a very strong set of financial results for the nine months ended September 30, 2007, with total revenue of $116 million and total net income of $7.1 million. In 3Q 2007, China Direct recorded revenue of $44.6 million, up just 10% from $40.5 million in 2Q 2007 but net income surged 31% to $3.0 million from $2.3 million in the corresponding period. The financial results were above our revised estimates in our update report released in August. Looking ahead into 4Q 2007 and the year 2008, we see strong sustained growth at China Direct's consulting and magnesium divisions, which will be the core earnings drivers of the Company in the coming few quarters. China remains a major destination for many international investors and there are still ample opportunities for mergers and acquisitions ahead to help drive the consulting and magnesium divisions' prospects. We have significantly increased our net income forecasts for 2007 from $8.2 million to $10.5 million and those for 2008 from $14.1 million to $19.0 million. Our estimates for revenues for 2007 and 2008 have been raised from $157.9 million to $174.6 million and $294.7 million to $332.2 million respectively. Our diluted EPS estimates are now $0.60 in 2007 and $0.97 in 2008, up strongly from our previous estimates of $0.47 in 2007 and $0.67 in 2008. We have raised our 12-month target price from $12.00 to $15.52, and change our rating on the stock from a Strong Speculative Buy to Strong Buy.

[WallStreetnBio]

Dutton said, "We have significantly increased our net income forecasts for 2008 from $14.1 million to $19.0 million".

CDS management said net income for 2008 will excede $20 million. So how can Dutton up guidance to only $19 million. Are they leaving room for another upgrade in a couple of months? Dutton also failed to mention the acquisition pipeline for 2008 which could add a additional $20 million or more to net income.

[WallStreetnBio]

Magnesium prices have almost doubled. If this chart doesn't make you buy CDS then nothing will.

[WallStreetnBio]

China Direct, Inc. to Web Cast Presentation at the Roth Capital Partners China Comes to Phoenix Conference on November 29, 2007
Tuesday November 20, 8:00 am ET

BOCA RATON, Fla., Nov. 20 /PRNewswire-FirstCall/ -- China Direct, Inc. (Amex: CDS - News), a U.S. company that owns controlling stakes in a diversified portfolio of Chinese entities and assists Chinese businesses in accessing the U.S. capital markets, announced today that its CEO, Dr. James Wang and COO, David Stein, will present at the Roth Capital Partners China Comes to Phoenix Conference held at the Royal Palms Resort and Spa, 5200 East Camelback Road, Phoenix, AZ 85018, on Thursday, November 29, 2007. The presentation will begin at 3:15 p.m. EST or 1:15 p.m. MST.

During the presentation, management will summarize the progress made by the company over the nine months of 2007, as well as provide management's overall outlook for 2008.

For shareholders and investors who are unable to attend the conference, a web cast of the presentation is available for you at http://www.wsw.com/webcast/roth14/cds/ starting at 3:15 p.m. EST or 1:15 p.m. MST on Thursday, November 29, 2007.

Shareholders and investors will have the opportunity to meet one-on-one with management while they attend the conference. If you would like to schedule a meeting with China Direct's management team, please contact Thomas Walsh of HC International at 212-398-3486.

In addition, Dr. James Wang, together with China Direct's investor relations team, will conduct a road show where they will have one-on-one meetings with numerous institutional investors starting November 26th to November 28th in the Dallas area and December 3rd to December 6th in the areas of San Diego, Los Angeles and San Francisco. If you would like to schedule a meeting with China Direct's management team while they are in the areas listed above, please contact Thomas Walsh of HC International at 212-398-3486.

China Direct Webcast

[WallStreetnBio]

China Direct, Inc. Expands Metals Operations Through Definitive Agreement to Acquire Zinc and Lead Company in China
Thursday November 29, 10:00 am ET 
The Acquired Company to Become Wholly Owned Subsidiary

BOCA RATON, Fla., Nov. 29 /PRNewswire-FirstCall/ -- China Direct, Inc. (Amex: CDS - News), a U.S. company that owns controlling stakes in a diversified portfolio of Chinese entities and assists Chinese businesses in accessing the U.S. capital markets, announced today that it has entered into a definitive agreement to acquire 100% of Xiangxi Autonomous Prefecture Jixiang Mining Industry Co., Ltd. ("Jixiang Mining"), a business operation which mines, processes and distributes concentrated zinc and lead. The acquired company will be renamed CDI Jixiang Metal Industry Co., Ltd. ("CDI Metal") as a wholly foreign owned entity.

The definitive agreement was reached concurrently with the Chinese local government approval for China Direct's sole ownership of CDI Metal. China Direct will acquire CDI Metal in exchange for cash consideration of approximately $675,675 (RMB 5 million). In addition, China Direct plans to invest up to $1.325 million in expansion capital after the acquisition.

CDI Metal owns the sole mining rights to a parcel of land located in the Yongshun Kaxi Lake Mining area. The mining rights were obtained from the Ministry of Land and Resources. The land holds both zinc and lead ore, and the government has approved for the mining of an aggregate of 10,000 metric tons of zinc and lead on an annual basis. CDI Metal has also received a safety and production permit issued by the Safety in Production Supervision Bureau which is valid through January 2009. The preliminary reporting from China Direct's engineers estimates that the zinc and lead reserves contained in the land covered by the mining rights are worth up to $54 million at current prices. China Direct plans to conduct a more detailed survey in the near future and intends to explore acquiring additional rights pending the results of that survey.

Zinc is primarily used for galvanizing steel against corrosion, die casting of intricate machine parts, and in batteries and other electrical applications. Zinc is also alloyed with copper to form brass. Lead is used in building construction, lead-acid batteries, bullets, solder, pewter, and fusible alloys.

Commenting on the agreement, Dr. James Wang, Chairman and CEO of China Direct, stated, "We are very excited with this new acquisition, as the areas in Yongshun County, Hunan Province have significant zinc, lead and other metal reserves. The acquisition of CDI Metal as a wholly owned subsidiary represents a significant milestone for the growth of our Zinc division in China. China is the largest producer and consumer of Zinc and Lead in the world and we are committed to realize the full potential of CDI Metal's mining rights and are confident that this subsidiary will make a substantial contribution to our financial performance in 2008 and beyond."

[WallStreetnBio]

Has anyone listened to this webcast? It has great information on the 2008 outlook. Management expects over $20 million in revenues which does not include acquisitions for 2008 so earnings could be much higher. 2008 revenues should be well over $1.00.

[422fwhp]

Good rxn to support, imo, but need more volume...opinions?