SEED - Sector: Basic Materials --- Industry: Forestry & Wood Products

[422fwhp]

Sitting just above $5....is this a buy at these cheap levels???

[kslifka]

Sitting just above $5....is this a buy at these cheap levels???

Looks like a dead stock...could be a bottom...but it could sit there a long time.  Anyway it got hit after earnings which usually keeps the stock down for months.  Plus the steam is really coming out of the Ag plays. 

I missed a great short opportunity on COIN.

[daiwa]

Have no idea about SEED, but I believe lumber and wood would be buy, but most other commodites should be at bigtime temporary top in here; Oil, Gold, Silver, specially Oil sector should offer short opportunites. I made some calculation of OIL and would not be surprized if much bigger commodity sector are heading for correction mode (sugar, cane, soya, wheat just a name a few...)>

http://just-charts.blogspot.com/

However, this sector bull came from sinking US dollar after all...if you know dollar direction you know where commodites are heading 

[setravis]

Origin Agritech reports Q4 revs rose 37% to $3.6 mln; guides Q1 (SEED) 6.54 +1.82 : Co reports Q4 EPS of ($0.09) vs ($0.17). Exclusive of the net loss of Jilin Changrong of RMB 16.1 mln (US$2.21 mln), the net gain was RMB 0.72 mln (US$98,657). Co reaffirms FY08 revs of $75-80 mln, reaffirms net income of $0.5-2.0 mln. Excluding roughly $2.7 mln in expected non-cash interest expense from their convertible debt offering, co expects net income of $3.0-4.5 mln.




Technicals
Stochastic - Bullish
Percentage Gainer

Last Price Quote is:
18.13%above 13-day MA
-5.11%below 50-day MA
RS Rating: 88 

Fundamentals
Key Data:
Market Cap (M): $105.45 
P/E Ratio: N/A 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: N/A

[422fwhp]

WOOT!

[422fwhp]

http://globeinvestor.com/servlet/story/RTGAM.20080328.wchinainflation0328/GIStory/

I believe this would help SEED....opinions?


Jody

[422fwhp]

Short squeeze?

[setravis]

Press Release Source: Origin Agritech Limited


Origin Agritech Limited Reports Second Quarter Fiscal 2008 Results
Monday June 2, 6:00 pm ET 
-- Year-over-year, revenues increased to RMB 1.56 million from RMB 1.04 million, and the net loss of RMB 29.77 million decreased from RMB 31.36 million.
-- Year-over-year, deferred revenue increased to RMB 400 million from RMB 327 million and advances from customers increased to RMB 105 million from RMB 94 million.
-- Management reiterates revenue and net income guidance for FY2008
-- GMO pipeline on track


BEIJING--(BUSINESS WIRE)--Origin Agritech Limited (NASDAQ: SEED - News) ("Origin" or the "Company"), a technology-focused supplier of crop seeds in China, today announced unaudited financial results for the second quarter ended March 31, 2008. Origin prepares its financial statements in accordance with generally accepted accounting principles (GAAP) of the United States.


FINANCIAL RESULTS OVERVIEW

During the second quarter of fiscal 2008, the Company generated revenues of RMB 1.56 million (US$0.22 million), increasing 50.54% from revenue of RMB 1.04 million (US$0.13 million) for the three months ended March 31, 2007.

Deferred revenue more than doubled to RMB 400.15 million (US$57.07 million) at March 31, 2008 from RMB 112.05 million (US$15.36 million) at December 31, 2007. This deferred revenue reflects the value of Origin's crop seeds after evidence of a sales arrangement is confirmed, delivery to the customer is made, and full pre-payment from the customer is received, but before the final sales price is fixed and determined. The final sales price is primarily determined by sales volume incentives that Origin gives to its customers. It is expected that majority of this deferred revenue will be recorded on the income statement in the fiscal 2008 third quarter ending June 30, 2008.

Gross loss for the three-months ended March 31, 2008 was RMB 3.30 million (US$ 0.47 million) compared to a loss of RMB 0.87 million (US$0.11 million) in the same period of the prior year.

The operating expenses for the three months ended March 31, 2008 were RMB 33.84 million (US$4.83 million), an increase of 10.03% from RMB 30.76 million (US$3.98 million) in the same period of the prior year. The increase was mainly caused by the increase in general and administrative expenses, which increased 27.80% year over year caused by the increase in the legal fees and other fees paid for professional services.


Selling and marketing expenses were RMB 11.62 million (US$1.66 million) for the second quarter of 2008, representing a decrease of 3.42% from RMB 12.03 million (US$1.56 million) for the same period of the last year.
General and administrative expenses of RMB 16.85 million (US$2.40 million) for the second quarter ended March 31, 2008, increased 27.80% from RMB 13.19 million (US$1.71 million) for the three months ended March 31, 2007, which was mainly caused by the increase in the legal fees and other fees paid for professional services.
Research and development expenses during the quarter were RMB 5.37 million (US$0.77 million), as compared with RMB 5.54 million (US$0.72 million) for the three months ended March 31, 2007.
Operating loss for the second quarter of 2008 amounted to RMB 37.14 million (US$5.30 million) compared with an operating loss of RMB 31.62 million (US$4.09 million) for the same period in 2007.

Net loss for the second quarter of 2008 was RMB 29.77 million (US$4.25 million), or RMB 1.30 (US$0.18) per diluted share, compared to a net loss of RMB 31.37 million (US$4.06 million), or RMB 1.34 (US$0.17) per diluted share in the same period one year ago.

Balance Sheet

Origin's balance sheet at March 31, 2008 included cash and cash equivalents of RMB 235.18 million (US$33.54 million). Investments in US Government Agency bonds amounted to RMB 84.07 million (US$11.99 million). The Company has a working capital of RMB 194.73 million (US$27.77 million), and a shareholders' equity of RMB 261.98 million (US$37.36 million).

Deferred revenue was RMB 400.15 million (US$ 57.07 million) for the three-months ended March 31, 2008 as compared to RMB 326.92 million (US$42.33 million) for the same period last year. Advance from customers was RMB 105.17 million (US$ 15.00 million) for the three-months ended March 31, 2008 as compared to RMB 93.54 million (US$12.11 million) for the same period last year.

Company Update

As the Chinese corn seed markets continue a period of transition, the Company has taken the necessary steps to make sure that it maintains market leadership during this time. Origin enjoys a solid reputation among farmers and has outperformed competitors with its hybrid seed products portfolio. Furthermore, the Company strongly believes its research and development efforts on biotechnology and GMO will eventually payoff. The focus remains on the successful introduction of genetically modified crop seeds in China. Origin will emerge as one of the leading bio-agricultural players to compete in China.

GMO Pipeline Update

Our Phase 5 Phytase corn is progressing well as we continue to expect a final approval before the end of this year. This would mark the first GMO corn product approved for commercialization in China. Upon approval, the product would be able to be sold into the Chinese marketplace.

We expect to gain significant operating leverage with our genetically modified corn products whereby we expect to be able to charge an additional technology fee for each corn product carrying the GMO trait. Our initial estimates suggest that this fee would be approximately a 20% increase in the overall price and would add incrementally to our gross margin as we expect the cost of production for GMO seeds to be similar to conventional hybrids.

Fiscal 2008 Guidance

Based on its current outlook, and existing and anticipated business conditions, Origin reiterates the revenue guidance for FY 2008 in the range of US$75 million to US$80 million and net income range of US$0.5 million to US$2 million, for the fiscal year ending September 30, 2008. This net income figure is inclusive of roughly US$2.7 million dollars in expected non-cash interest expense from our convertible debt offering. Exclusive of this non-cash expense, we expect a net income range of US$3.0 to US$4.5 million.

Conference Call

Management will conduct a conference call on Tuesday, June 3, 2008 at 9:00 AM Eastern Daylight Time to discuss these results. A question and answer session will follow management's presentation.

To participate, please call the following numbers 10 minutes before the call start time and ask to be connected to the Origin Agritech conference call: Phone Number: +1-877-407-9210 (North America) Phone Number: +1-201-689-8049 (International) In addition, the conference call will be broadcast live over the Internet at: www.originagritech.com.

About Origin

Founded in 1997 and headquartered in Beijing, Origin Agritech Limited (NASDAQ: SEED - News) is one of China's leading, vertically-integrated agricultural technology company specializing in agri-biotech research, development and production to supply the growing populations of China. Origin develops, grows, processes, and markets crop seeds to farmers throughout China and parts of Southeast Asia via a network of approximately 3,800 first-level distributors and 65,000 second-level distributors and retailers. The hybrid seed industry is estimated at US$2 billion and that is expected to double by 2010. The Company currently operates facilities in 30 of China's 32 provinces as well as Beijing. Since Origin launched its first entirely internally developed seed in 2003, the Company has developed and commercialized an internally developed proprietary seed portfolio of twelve corn hybrids, twelve rice hybrids and two canola hybrids as of 2007. For further information, please log on www.originagritech.com.

Forward Looking Statement

This release contains forward-looking statements. All forward-looking statements included in this release are based on information available to us on the date hereof. These statements involve known and unknown risks, uncertainties and other factors, which may cause our actual results to differ materially from those implied by the forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "targets," "goals," "projects," "continue," or variations of such words, similar expressions, or the negative of these terms or other comparable terminology. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Therefore, actual results may differ materially and adversely from those expressed in any forward-looking statements. Neither we nor any other person can assume responsibility for the accuracy and completeness of forward-looking statements. Important factors that may cause actual results to differ from expectations include, but are not limited to, those risk factors discussed in Origin's filings with the SEC including its annual report on Form 20-F filed with the SEC on February 27, 2008. We undertake no obligation to revise or update publicly any forward-looking statements for any reason

[setravis]

Have you been watching SEED ?

Technically...
SEED has broken through resistance. There will be backing and filling, but SEED should zigzag higher with a minimum objective of 10+ sometime later this year or next.  JMHO...

The Golden Cross now.......
50-day MA just crossing 200-day super Bullish!!!

52wk Range: 1.70 - 7.34
Volume: 1,543,157
Avg Vol (3m): 170,230

Technicals
Percentage Gainer

Last Price Quote is:
39.29%above 13-day MA
54.96%above 50-day MA
RS Rating: 94 

Fundamentals
Key Data:
Market Cap (M): $77.45 
P/E Ratio: N/A 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: N/A


Below are the 6 month and 1 year charts...

[setravis]

Press Release Source: Origin Agritech Limited
Origin Agritech Limited to Report Improved 2Q09 Operating Results on May 26, 2009
On Friday May 22, 2009, 9:50 am EDT


BEIJING--(BUSINESS WIRE)--Origin Agritech Limited (NASDAQ: SEED - News) ("Origin" or the "Company"), a vertically–integrated supplier of hybrid crop seeds in China, will announce unaudited financial results for the second quarter ended March 31, 2009 on May 26, 2009. These results reflect the Company's financial statements during the period from January 1, 2009 to March 31, 2009. Origin prepares its financial statements in accordance with generally accepted accounting principles (GAAP) of the United States.

"We are investing in our significant opportunity, improving gross and operating margin, and maintaining healthy operating cash flow," said Irving Kau, Origin vice president of finance. "We are focused on executing on our core strategy for market leadership to develop and bring the highest quality products to market."

The company's Q109 financial results improvement included:


•1Q09 Deferred Revenue was RMB176.63 million (US$ 25.84 million) increased 57.63% for the three-months ended December 31, 2008 as compared to RMB112.05 million (US$ 15.36 million) for the same period last year.
•1Q09 Total Operating Expenses for the three-months ended December 31, 2008 were RMB39.96 million (US$5.85 million) decreased 15.0% as compared with RMB 47.01 million (US$6.44 million) reported for the same period in 2007.

"Our positive trends we saw in FY08 are carrying into FY09. Q109 demonstrated these positive growth trends. We expect to remaining quarters to show similar growth trends. The strength of our renewed product portfolio and our long-term, technology-based solutions are meeting the demands of a growing market opportunity," said Liang Yuan, Origin president and chief executive officer. "We had two good quarters, and we continue to press on toward more advanced agricultural technologies, we are determined to drive improved performance going forward."

Based on preliminary financial data, the company expects annual revenue for the FY09 to range from RMB 550 million to RMB 580 million, and annual operating cash flow is expected to be around RMB 80 million, both improvements over fiscal year 2008.

Conference Call Information

The Company will host a teleconference on Wednesday, May 27, 2009, at 8:00 a.m. EDT / 8:00 p.m. Beijing time to discuss the quarterly results. To participate in the call, please dial +1-877-407-8031 in North America, or +1-201-689-8031 internationally, approximately 15 minutes prior to the scheduled start time. .

About Origin

Founded in 1997 and headquartered in Beijing, Origin Agritech Limited (NASDAQ GS: SEED) is China's leading, vertically-integrated agricultural technology company specializing in agri-biotech research, development and production to supply the growing populations of China. Origin develops, grows, processes, and markets crop seeds to farmers throughout China and parts of Southeast Asia via a network of approximately 3,800 first-level distributors and 65,000 second-level distributors and retailers. The hybrid seed industry is estimated at US $2.5 billion and that is expected to double within the next five years. The Company currently operates facilities in 30 of 32 provinces in China. Since Origin launched its first entirely internally developed seed in 2003, the Company has developed 26 proprietary corn seed products, 19 proprietary rice seed products, 5 proprietary cotton seed products and 4 proprietary canola seed products that are in commercial production and distribution as of December 2008. For further information, please log on www.originagritech.com.

Forward Looking Statement

This release contains forward-looking statements. All forward-looking statements included in this release are based on information available to us on the date hereof. These statements involve known and unknown risks, uncertainties and other factors, which may cause our actual results to differ materially from those implied by the forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "targets," "goals," "projects," "continue," or variations of such words, similar expressions, or the negative of these terms or other comparable terminology. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Therefore, actual results may differ materially and adversely from those expressed in any forward-looking statements. Neither we nor any other person can assume responsibility for the accuracy and completeness of forward-looking statements. Important factors that may cause actual results to differ from expectations include, but are not limited to, those risk factors discussed in Origin's filings with the SEC including its annual report on Form 20-F filed with the SEC on March 23, 2009. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.


Contact:
Origin Agritech Limited
Irving Kau
Tel: 949-726-8101 or 011.86.136.8108.0243
Vice President, Finance
[email protected]

[setravis]

Origin Agritech to report 1Q09 deferred revenue of RMB176.63 mln an increase 57.63% for the three-months ended December 31, 2008 (SEED) 3.83 +0.34 : Co announce unaudited financial results for the second quarter ended March 31, 2009 on May 26, 2009. These results reflect the co's financial statements during the period from January 1, 2009 to March 31, 2009. The co's Q109 financial results improvement included: 1Q09 Deferred Revenue was RMB176.63 mln ($25.84 mln) increased 57.63% for the three-months ended December 31, 2008 as compared to RMB112.05 mln ($15.36 mln) for the same period last year. 1Q09 Total Operating Expenses for the three-months ended December 31, 2008 were RMB39.96 mln ($5.85 mln) decreased 15.0% as compared with RMB 47.01 mln (US$6.44 mln) reported for the same period in 2007. "Our positive trends we saw in FY08 are carrying into FY09. Q109 demonstrated these positive growth trends. We expect to remaining quarters to show similar growth trends. The strength of our renewed product portfolio and our long-term, technology-based solutions are meeting the demands of a growing market opportunity... We had two good quarters, and we continue to press on toward more advanced agricultural technologies, we are determined to drive improved performance going forward." Based on preliminary financial data, the company expects annual revenue for the FY09 to range from RMB 550 mln to RMB 580 mln, and annual operating cash flow is expected to be around RMB 80 mln, both improvements over fiscal year 2008.

[setravis]

•InPlay
6:06PM Origin Agritech reports (0.52) vs ($0.18) in the prior year; revenue decreased 25.64% to $0.17 mln (SEED) 5.74 +0.81 : Based on its current outlook, and existing and anticipated business conditions, Origin reiterates the revenue guidance for FY 2009 in the range of RMB 560 million to RMB 580 million and operating cash flow range of RMB 80 million for the fiscal year ending September 30, 2009.

[setravis]

Event: Rounded Bottom
Event Date: May 22, 2009
Opportunity Type: Long-Term Bullish
Close Price: $4.93
Target Price Range: $11.50 - $13.00
Price Period: Weekly
Volume: 1,991,094
Pattern Duration: 33 weeks
Inbound Trend Duration: 16 weeks

"A Rounded Bottom is considered a bullish signal, indicating a possible reversal of the current downtrend to a new uptrend. Rounded Bottoms are elongated and U-shaped, and are sometimes referred to as rounding turns, bowls or saucers. The Technical Event occurs when the price crosses above its moving average, which confirms the pattern."
-----------------------------------------------------------------------------------------------------

Rounding Bottom (Reversal) Pattern...
The rounding bottom is a long-term reversal pattern that is best suited for weekly charts. It is also referred to as a saucer bottom, and represents a long consolidation period that turns from a bearish bias to a bullish bias.

A rounding bottom could be thought of as a head and shoulders bottom without readily identifiable shoulders. The head represents the low and is fairly central to the pattern. The volume patterns are similar and confirmation comes with a resistance breakout. While symmetry is preferable on the rounding bottom, the left and right side do not have to be equal in time or slope. The important thing is to capture the essence of the pattern.

[setravis]

Origin Agritech, Bob Evans Farms and Applied Signal Technology lead small-cap percentage gainers

Origin Agritech Ltd. (NasdaqGS:SEED), Bob Evans Farms Inc. (NasdaqGS:BOBE) and Applied Signal Technology Inc. (NasdaqGS:APSG) are among the biggest percentage gainers in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Hub Group Inc. (NasdaqGS:HUBG), Life Partners Holdings Inc. (NasdaqGS:LPHI), Utah Medical Products Inc. (NasdaqGM:UTMD), Atlas Pipeline Partners LP (NYSE:APL), Technitrol Inc. (NYSE:TNL) and Rubicon Technology Inc. (NasdaqGM:RBCN).

[setravis]

Has All Ingredients For Major Upside Move...
strategically positioned for this market.
Quarterly revenue growth is picking up speed and that alone bodes well for this stock with strategic China ag exposure.

52wk Range: 1.70 - 7.34
Volume: 1,498,854
Avg Vol (3m): 251,172

Technicals
Percentage Gainer

Last Price Quote is:
32.48%above 13-day MA
62.60%above 50-day MA
RS Rating: 96 

Fundamentals
Key Data:
Market Cap (M): $96.82 
P/E Ratio: N/A 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: N/A

Great looking chart...