CTDC

[cc1120]

02/09/2006   5:55    PST

CTDC in play premarket up 4%.

http://finance.yahoo.com/q/ecn?s=CTDC

GL

cc

[cc1120]

02/09/2006   5:09    PST

CTDC premarket up 10%


cc

[REALDEALS21]

Anyone playing this today ??

[cc1120]

02/09/2006    10:21  PST

What a shake this morning ! That is real for shake out ,fake out and break out.

CTDC resistance @ 13.21  pivot @ 11.03

http://quote.barchart.com/texpert.asp?sym=CTDC

GL

cc

[metro]

I did not trade it today - saw it run up a buck in pre but like to be able to play them both ways and cannot short this one as it is on SHO list or not available any more.

I know it is just trading but have no idea how it stays up above $2 - maybe something in the works but I see no business yet. Very strange.

Been however playing many of the Chinese stocks and they have been very good this year

[metro]

This stock already has several threads - check before posting is better

http://www.3stocksonfire.org/trading/index.php?topic=4520.0

[ncham]

This says it all for me. Taking any short shares i can find.

http://www.stocklemon.com/02_09_06.html

[cc1120]

02/11/2006    11:28    PST

Good link for CTDC , once it rebounce to $10.00 level , don't touch it again. I took a small loss of about 5% on Friday. CTDC brought be about 34k profit last week  That is the bigest gain for me in a week.

CYD in play next week , in @ 8.84  hopefully it will flying next week.

buyhigh's target $16.00

http://buyhigh.net/

GL

cc

[REALDEALS21]

Another bounce UP today !

[calven]

Symmetrical triangle formation - take the trade in whatever direction is moves....

I STRONGLY suspect this will only be further dumped!

[joet]

Unfortunately there are 3 threads on CTDC...  if you like volotility hear you have it.  Anyone have any thoughts on where it may go.  It is trying hard to cross Terliso's 3 magics on a closeing price...  It seems to me with recent volme we may get a spike back to $7-10 range.  I am long on this one...
Cheers joe

[joet]

Howdie
(Ramsburg if you read this could you merge the 3 CTDC threads, I chose to post on this one because the thread title is Neutral, however the one "spike to $10 may be more apropriate 

Does anyone else see it? I see a G pattern here starting with the 3M spike on sept 23, it settled to 1/2 that tall white candle and today we closed just about the G break point!  If we get some volume and it breaks 5.17 we could see a nice run.  this is a Low floater, so when it runs it can be quick.

I am a bag holder on this one, already averaged down so i am following it.  thoughts anyone?
Cheers Joe

[REALDEALS21]

GREAT DAY SO FAR !! SOME NEWS !!

China Technology Development Group Corporation Financial Results Announcement for the Six Months Ended June 30, 2006 (Unaudited)
Friday October 6, 9:30 am ET

HONG KONG, Oct. 6 /Xinhua-PRNewswire-FirstCall/ -- China Technology Development Group Corporation (Nasdaq: CTDC - News; collectively, the "Company", "We", "us", or "our") announced today its unaudited consolidated financial results for the six month period ended June 30, 2006.

ADVERTISEMENT
Our revenues increased by US$165,000, or 39.66%, from US$416,000 in the six months ended June 30, 2005 (the "2005 Period") to US$581,000 in the the six months ended June 30, 2006 (the "2006 Period"). The nutraceutical business acquired in 2005 contributed a total revenue of US$203,000 in the 2006 Period. Excluding this, the revenues of our IT operations slightly decreased by US$38,000, or 9.13% from US$416,000 in the 2005 Period to US$378,000 in the 2006 Period.

Our total cost of sales increased by US$96,000, or 45.5%, from US$211,000 in the 2005 Period to US$307,000 in the 2006 Period. The cost of sales of our nutraceutical business in the 2006 Period was US$150,000. Excluding this, the cost of sales of our IT operations in the 2006 Period amounted to US$157,000, which represented a decrease of US$54,000, or 25.59%, from US$211,000 in the 2005 Period. The decrease was due primarily to an increase in the proportion of sales of our self-developed products, the costs of which are lower than the cost of products purchased from other suppliers due to the increased control we have with respect to the cost of the materials utilized to produce such products.

As a result, our gross profit in the 2006 Period amounted to US$274,000, which increased by US$69,000, or 33.66%, from US$205,000 in the 2005 Period. The gross profit of our nutraceutical business in the 2006 Period amounted to US$53,000. Excluding this, the gross profit of our IT operations in the 2006 Period amounted to US$221,000, which represented an increase of US$16,000, or 7.8% from US$205,000 in the 2005 Period. As a percentage of sales, the gross profit margin of our IT operations increased by 9.19%, from 49.28% in the 2005 Period to 58.47% in the 2006 Period.

Selling, general and administrative expenses ("SG&A expenses") increased by US$627,000, or 125.9%, from US$498,000 in the 2005 Period to US$1,125,000 in the 2006 Period. SG&A of our nutraceutical operations in the 2006 Period amounted to US$308,000 which mainly included amortization and depreciation charges of approximately US$158,300 for the 2006 Period. Excluding this, the SG&A expenses of our IT operations and corporate office increased by US$319,000, or 64.06%, from US$498,000 of the 2005 Period to US$817,000 of the 2006 Period.

The significant increase in the SG&A expense was due to the following factors:

    (1) SG&A expenses of our IT operations increased by US$56,000
        or 15.56%, from US$360,000 in the 2005 Period to
        US$416,000 in the 2006 Period, due primarily to additional
        technicians that were recruited by us to develop new
        products;
    (2) SG&A expenses of our corporate office increased by
        US$263,000, or 190.58%, from US$138,000 in the 2005 Period to
        US$401,000 in the 2006 Period.  The significant increase
        was due primarily to an increase in staff costs and rental
        expenses as a result of the expansion of our corporate office
        beginning in May 2005.

As of June 30, 2006, we had a cash balance of US$878,000. The Company also maintained a deposit of US$783,000 with China Biotech Holdings Limited, a related company, for the purpose of financing potential investments in nutraceutical entities in China. We also had available cash equivalents of $273,000 in the form of accounts receivables due from Beijing Holdings Limited, our principal stockholder, which amounts represented the proceeds receivable from Beijing Holdings Limited in respect of the sale of available- for-sales securities owned by us to Beijing Holdings Limited.


       CHINA TECHNOLOGY DEVELOPMENT GROUP CORPORATION AND SUBSIDIARIES
                UNAUDITED CONSOLIATED STATEMENTS OF OPERATIONS
                (Amounts in thousands, except per share data)
                 For the periods ended June 30, 2005 and 2006

                                                      June, 30      June 30,
                                                          2005          2006
                                                   US$(Note (1)) US$(Note (1))
    Continuing operations:
     Revenues                                              416           581
     Cost of sales                                        (211)         (307)
     Gross Profit                                          205           274

     Selling, general and administrative expenses         (498)       (1,125)
     Operating loss                                       (293)         (851)

     Interest income                                        --             5
     Non-operating income                                   39            76
     Non-operating expenses                                 --           (35)
     Loss before income tax provision                     (254)         (805)
     Income taxes provision                                 --            (1)
     Loss from continuing operations before
      minority interests                                  (254)         (806)
     Minority interest-continuing operations                --            70

     Loss from continuing operations                      (254)         (736)

    Discontinued operations:
     Loss from discontinued operations including
      loss on disposal of US$63 on March 31, 2005          (36)           --
    Net loss for the period                               (290)         (736)

    Loss per share
     -Basic and dilutive                                 (0.04)        (0.07)

    Loss per share from continuing operations
     -Basic and dilutive                                 (0.03)        (0.07)

    Income/(loss) per share from discontinued
     operations
     -Basic and dilutive                                 (0.01)           --

    Weighted average ordinary shares
     -Basic and dilutive                                 6,894        11,275



       CHINA TECHNOLOGY DEVELOPMENT GROUP CORPORATION AND SUBSIDIARIES
                    UNAUDITED CONSOLIDATED BALANCE SHEETS
                            (Amounts in thousands)
                    at December 31, 2005 and June 30,2006

                                                  December 31,      June 30,
                                                          2005          2006
                                                  US$(Note (1)) US$(Note (1))

    ASSETS
    CURRENT ASSETS
     Cash and cash equivalents                           2,292           878
     Short-term investments-security trust
      account                                               14             1
     Available-for-sale securities                          46            55
     Trade accounts receivable, net                         99            92
     Inventories                                           323           380
     Value added tax and business tax
      recoverable                                           --            13
     Due from related parties                            1,057         1,106
     Prepayment for investment in subsidiary                --            75
     Other assets                                          183           148
    TOTAL CURRENT ASSETS                                 4,014         2,748

    Long-term prepayment for rental of land                 66            65
    Property, plant and equipment, net                   1,147         1,058
    Intangible asset                                       818           737
    Goodwill                                             8,697         8,697
    TOTAL ASSETS                                        14,742        13,305

    LIABILITIES AND SHAREHOLDERS' EQUITY
    CURRENT LIABILITIES
     Trade accounts payable                                 72            72
     Accrued professional fees                             484           313
     Income tax payable                                     31            30
     Value added tax and business tax payable                5            --
     Deferred government grants                             29            12
     Due to a related party                                446            62
     Short term borrowings                                 111            71
     Deferred tax liabilities                               62            62
     Other liabilities and accrued expenses                465           460
    TOTAL CURRENT LIABILITIES                            1,705         1,082

    Minority interests                                     690           619

    SHAREHOLDERS' EQUITY
     Common stock, US$0.01 par value; 2,500,000,000 shares
     authorised;
       shares issued and outstanding 11,274,497
       in 2005 and 2006)                                   114           114
     Additional paid-in capital                         33,765        33,765
     Accumulated deficit                               (21,412)      (22,148)
     Accumulated other comprehensive losses               (120)         (127)
    TOTAL SHAREHOLDERS' EQUITY                          12,347        11,604

    TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY          14,742        13,305



                CHINA TECHNOLOGY DEVELOPMENT GROUP CORPORATION
               UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS
                            (Amount in thousands)
                 For the periods ended June 30, 2005 and 2006

                                                          2005          2006
                                                   US$(Note (1)) US$(Note (1))

    Cash flows from operating activities
      Net loss                                            (331)         (736)
      Adjustments to reconcile net loss to net
       cash used in operating activities
        Minority interests in loss of consolidated
         subsidiaries                                       --           (71)
        Amortization of intangible asset, goodwill
         and software development costs                     --            81
        Amortization of long-term prepayment for
         rental of land                                     --             1
        Depreciation                                         6            95
        Dividend income                                     --            (1)
        Unrealised loss on trading securities               41            --
        Gain on disposal of available-for-sale
         securities                                         (2)           --
        Loss on disposal of discontinued
         operations                                         63            --
      Changes in assets and liabilities:
        Decrease in trade accounts receivable               69             7
        Increase in inventories                             (          (57)
        (Increase)/decrease in due from related
         parties and other assets                            8           (14)
        Decrease in trade accounts payable, amount
          due to a related party and other current
          liabilities                                     (156)         (577)
        Decrease in income tax payable                      (2)          (19)
    Net cash used in operating activities                 (312)       (1,291)

    Cash flows from investing activities
        Security trust account                           1,929            13
        Dividend income                                     --             1
        Decrease in funds held by related parties
         for security investment purposes                1,034            --
        Net cash and cash equivalents disposal of
         upon disposal of discontinued operations          (44)           --
        Proceeds from disposal of
         available-for-sale securities                     222            --
        Prepayment for investment in subsidiary             --           (75)
        Purchase of property, plant and equipment           --            (6)
        Proceed on disposal of fixed assets                 (6)           --
    Net cash provided by investing activities             3,135           (67)

    Cash flows from financing activities
        Repayment of short term borrowings                  --           (40)
      Net cash used in financing activities                 --           (40)

    Effect of exchange rate changes on cash and
     cash equivalents                                        1           (16)

    Net increase/ (decrease) in cash and cash
     equivalents                                         2,824        (1,414)

    Cash and cash equivalents at beginning of
     period                                                657         2,292

    Cash and cash equivalents at end of period           3,481           878



                CHINA TECHNOLOGY DEVELOPMENT GROUP CORPORATION
     UNAUDITED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY
                            (Amounts in thousands)
            at June 30, 2005, December 31, 2005 and June 30, 2006

                                                                       Stock
                                           No. of                    Options
                                           shares       Equity       Granted
                                                   US$(Note (1)) US$(Note (1))

    Balance at June 30, 2005            6,894,497       23,483            --

    Issue of shares                     4,380,000        9,998            --
    Stock options granted                                   --           398
    Net loss                                                --            --
    Net unrealized gain on
     available-for-sale
     securities                                             --            --
    Less: Reclassification
     adjustment for loss
     realized on sale                                       --            --
    Translation adjustment                                  --            --
    Total comprehensive loss for the
     year
    Balance at December 31, 2005       11,274,497       33,481           398

    Net loss                                                --            --
    Net unrealized gain on
     available-for-sale securities                          --            --
    Translation adjustment                                  --            --
    Total comprehensive loss for the
     year
    Balance at June 30, 2006           11,274,497       33,481           398


                                                   Accumulated
                                                         other         Total
                                    Accumulated  comprehensive shareholders'
                                         losses         losses        equity
                                   US$(Note (1))  US$(Note (1)) US$(Note (1))

    Balance at June 30, 2005            (19,259)          (444)        3,780

    Issue of shares                          --             --         9,998
    Stock options granted                    --             --           398
    Net loss                             (2,153)             -        (2,153)
    Net unrealized gain on
     available-for-sale securities           --             23            23
    Less: Reclassification
     adjustment for loss
     realized on sale                        --            362           362
    Translation adjustment                   --            (61)          (61)
    Total comprehensive loss for
     the year                                                            324
    Balance at December 31, 2005        (21,412)          (120)       12,347

    Net loss                               (736)                        (736)
                                                            --
    Net unrealized gain on
     available-for-sale securities           --              9             9
    Translation adjustment                   --            (16)          (16)
    Total comprehensive loss for
     the year                                                             (7)
    Balance at June 30, 2006            (22,148)          (127)       11,604



    Note (1): The functional currency of the Company is Renminbi ("Rmb"),
              the lawful currency of the People's Republic of China.  For the
              convenience of the reader, translation of amounts from Renminbi
              into United States Dollars ("US$") has been made at the noon
              buying rate in New York City for cable transfer in foreign
              currencies as certified for customs purposes by the Federal
              Reserve Bank of New York City on June 30, 2006 of Rmb 7.9943 =
              US$1.00 for the operating results of periods ended June 30, 2005
              and 2006 and for the financial position as of December 31, 2005
              and June 30, 2006.  No representation is made that the Renminbi
              amounts could have been, or could be, converted into United
              States Dollars at that rate or at any other certain rate.

    Note (2): Our results for the 2006 Period included the results of our IT
              operations and nutraceutical operations (acquired in 2005), as
              compared to solely the IT operations was included in the 2005
              Period.

[vlada]

I have bought CTDC today (large amount).

Trust me or not but in 2 months I will sell it for $10. I can not say more. China region is in the scope of hedge funds managers.Therefore my advice is strong buy if you dont want to miss the next rallye.

[Terliso]

I have bought CTDC today (large amount).

Trust me or not but in 2 months I will sell it for $10. I can not say more. China region is in the scope of hedge funds managers.Therefore my advice is strong buy if you dont want to miss the next rallye.

I will be joining with you guys on monday around $9 bucks in play....

China Technology Development Group Volume Spikes After Reporting 40 Percent Rise in Revenue.
China Technology Development Group Corp., a Hong Kong-based provider of network security products and services, saw volume rise after reporting a 40 percent rise in revenue for the first half of the year, boosted by the acquisition of a nutraceutical business. But the company said its loss widened from hefty expenses to pay for expansion. Volume rose to around 2.8 million shares, compared to average volume of 393,636 shares. Shares rose $1.05, or 20 percent, to $6.40.