CXTI.OB - China stocks may outperform

[PSI_Club]

Watch for a resurgence of interest in all China stocks following the amazing success of the Baidu.com IPO (353% gain on opening day). My current favorites are CXTI.ob and ETLT.ob. Both of these have unusually strong fundamentals and the daily charts are showing a recent increase in volume.

http://www.marketwatch.com/tools/quotes/profile.asp?sid=1712037&symb=cxti&siteid=bigcharts

http://www.marketwatch.com/tools/quotes/profile.asp?siteid=bigcharts&dist=bigcharts&symb=ETLT&sid=1344793&time=8

[saffeysite1]

China Expert Technology Signs $17 Million E-Government Contract With Huian City Government.
Monday July 18, 11:13 am ET


HONG KONG, July 18 /PRNewswire-FirstCall/ -- China Expert Technology, Inc. (OTC Bulletin Board: CXTI - News), a company that specializes in providing large scale network infrastructure construction mainly for e-government projects in China announced today they have signed a $17 million contract to implement their e-government services for the Huian City Government. This project is scheduled to begin in January 2006 and completion is expected by July 2008.


Keep on watch.

[saffeysite1]

updating chart.

[PerfectSage]

Bought some CXTI today @ $1.66


The weekly chart looks pretty bullish. Is the p/e really 3.61?

10:04 EDT Monday, August 15, 2005   

HONG KONG, Aug. 15 /PRNewswire-FirstCall/ -- China Expert Technology, Inc. (OTC Bulletin Board: CXTI) a company that specializes in providing large scale network infrastructure construction mainly for e-government projects for communities and municipal governments in China today announced financial results for its second quarter ended June 30, 2005.

Revenue for the second quarter totaled $8.32 million, an increase of 16.5%, compared to $7.14 million for the comparable period in 2004. The Company reported net income of $2.55 million, an increase of 41.7%, compared to $1.8 million for the second quarter in 2004. Earnings per share totaled $0.105 for the quarter compared to $0.076 for the same period in 2004, representing a 38.2% increase.

Mr. Huang Tao, Chairman of the Board of Directors of CXTI stated, "We continue to execute our business strategy. With the recent addition of the $17 million e-government contract for Huian city, we are expecting the momentum and the consistency we had in the second quarter to carry over into the next quarter."

[PerfectSage]

Out @ $1.97. I always sell whe the candlestick is out of the upper bollinger band.

[PerfectSage]

[applaud] You were right about interest in Chinese stocks increasing. CXTI is hot today, up 71 cents. I'm starting to wish I hadn't sold it yesterday. LOL

[snowcat]

Up 37% on hi vol - something is up.

the company seems to be a major player on municpal projects there.  Their numbers a more impressive than NWD's.

http://finance.yahoo.com/q?s=CXTI.OB

According to a Chinese person I know, NWD is not a big player in the field of noodles - I pointed out that neither was HANS a BSD in the US drink market.

I think CXTI will get more attention after today's move.

[catrader]

anyone get in?  from the time saffeyside recommended it, like a 3-4 bagger.  wished seen it.  2 threads on this one apparently.  think too late now, or it can continue to run?

[metro]

The stock pulled back to the 50% retrace at about $2 so added more there. Will see if it can break out at 3.37 with stronger volume. Company now expected to earn around 40 cents so trading at super low PE if their SEC filings are true. In fact the fundamental red flag is why is the price so low this does make some nervous.

[sebfr]

Time to buy


1. Oversold price with an increasing RSI
2. Volume is increasing since one/two weeks
3. Candelstick : Hammer/Marabuzu....
4. Fibonacci retracement level > 0.80...
5. China Expert Technology, Inc. and its subsidiaries (collectively the "Group") situated in Hong Kong and China, are specialized in providing large- scale network infrastructure construction (mainly e-government projects) for communities and municipal governments in China. The Group also utilizes its network with experts from various universities in China to deploy business and IT consultancy services to corporations in Hong Kong and China. The Group's existing major clients includes municipal governments, government authorities and other technology firms in China. Its income is derived mainly from four areas, e-government, technology achievement appraisal, expert consultation and project database.
6. MACD is turning

[guitarman]

Just digging around and saw this one shooting up again.
Anyone think it's a good time to get in or has it already made its new run?

China Expert Technology Inc. (CXTI) traded as much as 8.77% over open on Thursday.
China Expert Technology Inc., a company that specializes in providing large scale network infrastructure construction mainly for e-government projects for communities and municipal governments in China was recently awarded an e-government contract worth $13 million to construct the 3rd phase e-government system for Jinjiang city, Fujian province. The e-government project is aimed to establish a national electronic government system, in which the existing and expecting government networks and applied systems can be combined to form united technology standard and regulation and consequently a united national government service platform.



Thanks!
Doug

[gmarc66]

News came in after 12pm today....pps started to react...volume coming in...looking good so far.

2005-11-16 12:16:37 
China Expert Technology Announces Third Quarter Financial Results 

HONG KONG, Nov. 16 /PRNewswire-FirstCall/ -- China Expert Technology, Inc.
(OTC Bulletin Board: CXTI) a company that specializes in providing large scale
network infrastructure construction mainly for e-government projects for
communities and municipal governments in China today announced financial
results for its third quarter ended September 30, 2005.
Revenue for the third quarter totaled $9 million, an increase of 22%,
compared to $7.4 million for the third quarter in 2004. The Company reported
net income of $2.46 million, an increase of 14.1%, compared to $2.16 million
for the third quarter in 2004.
Earnings per share totaled $0.104 for the quarter compared to $0.090 for
the same period in 2004, representing a 15.5% increase. For the 9 months ended
2005, the Company reported earnings per share of $0.329, an increase of 84%
compared to $0.179 for the comparable period in 2004.
Mr. Huang Tao, Chairman of the Board of Directors of CXTI stated, "The
third quarter result reinforces the continued growth in our e-government
business. We continue to execute our business strategy to maximize our
shareholder value. We believe that we will maintain steady revenue stream and
financial growth into the fourth quarter."
About the e-government project:
The e-government project is aimed to establish a national electronic
government system, in which the existing and expecting government networks and
applied systems can be combined to form united technology standard and
regulation and consequently a united national government service platform. The
term e-government is a process in which the government is able to take
advantage of modern information and communication technologies to integrate
the management and service on Internet, optimize and reform the government
structures and working processes, and provide good and standard international
administration and service to the society beyond time and space limit.
About China Expert Technology, Inc.:
CHINA EXPERT TECHNOLOGY, INC. ("CXTI") is a company listed on the OTC BB
in the USA (Trading Symbol: CXTI) and its subsidiaries (collectively the
"Group") situated in Hong Kong and China, are specialized in providing large-
scale network infrastructure construction (mainly e-government projects) for
communities and municipal governments in China. The Group also utilizes its
network with experts from various universities in China to deploy business and
IT consultancy services to corporations in Hong Kong and China. The Group's
existing major clients includes municipal governments, government authorities
and other technology firms in China. Its income is derived mainly from four
areas, e-government, technology achievement appraisal, expert consultation and
project database.

[gmarc66]

It held a portion of its gains..i picked a few shares up at an average of $2...and it closed at $2.01...so hopefully tomorrow it will be holding solidly over $2..would be nice

[gmarc66]

And....i noticed an after hours buy of 82,640 x 2.085!!!! Now, that's what i like to see!


good luck..to me!...i don't know if anyone else is in...but, good luck to whomever is in with me

Again...i think the chart looks good....chart experts please..any thoughts are always appreciated


julia

[gmarc66]

Well..i guess that large after hours buy didn' t mean much....stock dropped today.

Was wondering if i could get some technical assistance on this chart..not sure if i should hold or sell at a loss

thanks very much

julia