Research - GeoResearch

Thursday, February 9, 2012

China Green Agriculture (CGA)

Resolution of Legal Issues
XI'AN, China, February 10, 2012 /PRNewswire-Asia-FirstCall/ -- China Green Agriculture, Inc. (NYSE: CGA; "China Green Agriculture" or the "Company"), a producer and distributor of humic acid based compound fertilizers, blended fertilizers, organic compound fertilizers, mixed organic-inorganic compound fertilizers, slow-release fertilizers, highly-concentrated water soluble fertilizers and agricultural products, such as top-grade fruits, vegetables, flowers and colored…

China Valves Tech (CVVT)

Liquidity Requirements
Language in CVVT December 2012 quarter did not emphasize a need to raise money from the capital markets... We believe that our current available working capital and bank loans should be adequate to sustain our operations at our current levels through at least the next twelve months. ...as it did in its September 2011 filing We believe that we maintain good relationships with the banks we deal with and our current available working capital, after receiving the aggregate…

Comments & Business Outlook
First Quarter 2012 Results Net revenue reached $55.7 million, up 6.5% from $52.3 million for the same period last year Gross profit was $20.3 million, up 10% compared to $18.4 million for the same period last year Net income was $8.2 million, or $0.23 per fully diluted share, compared to $6.4 million, or $0.18 per fully diluted share,…

Cyanotech (CYAN)

Comments & Business Outlook
Third Quarter 2012 Results For the third quarter of fiscal 2012 compared to the third quarter of fiscal 2011, revenues were $6,706,000 compared to $3,919,000. Net income was $1,113,000 or $0.20 per diluted share, compared to net income of $10,000 or $0.00 per diluted share. Commenting on the third quarter results, Brent Bailey, President and CEO, said &#…

Deyu Agriculture (DEYU)

CFO Trail
Effective February 3, 2012, the Board of Directors of Deyu Agriculture Corp., a Nevada corporation (the “Company”) promoted Ms. Amy He to Acting Chief Financial Officer of the Company…

Hoku (HOKU)

Comments & Business Outlook
Preliminary Third Quarter Fiscal Year 2012 Results HONOLULU, HI--(Marketwire - Feb 9, 2012) - •500% increase in quarterly revenue compared to same quarter in previous year •$50 million in loans with Tianwei extended by one year •Largest utility-scale PV facility on Oahu completed by Hoku Solar •Polysilicon contract with Solargiga amended •Brokered largest-ever…

Longwei Petroleum (LPH)

Comments & Business Outlook
Second Quarter 2012 Results Revenues increased 5.2% to $126.4 million, compared with $120.2 million. Basic and Diluted Earnings per Share ("EPS") increased to $0.15 per share for the three months ended December 31, 2011, compared to $0.10 per Basic EPS and $0.09 per Diluted EPS for the three months ended December 31, 2010. Non-GAAP EPS were flat $0.16…

Orchids Paper Products Co. (TIS)

Comments & Business Outlook
Fourth Quarter and Full Year 2011 Results Net sales of converted product in the fourth quarter of 2011 were $23.8 million, a new quarterly record, and exceeded those of the prior year quarter by $7.2 million, or 44%, marking four consecutive quarters of increased converted product sales. Total net sales in the fourth quarter of 2011 increased 15% to $25.7 million, compared with $22.3 million in the same period…

Rda Microelectronics (RDA)

Comments & Business Outlook
Fourth Quarter 2011 Results Revenue was $82.4 million, exceeding the Company's guidance of $80 million to $82 million, and represented a decrease of 1.9% from the $83.9 million in the third quarter of 2011 and an increase of 43.3% from the $57.5 million in the fourth quarter 2010. Gross margin was 35.3%, which was at the high end of the Company's guidance of 35.0%…

Semileds (LEDS)

Investor Alert
On February 8, 2012, the Company received a notice from The NASDAQ Stock Market acknowledging that the Company no longer complies with the audit committee requirements as set forth in Listing Rule 5605 and confirming the Company’s opportunity to regain compliance within the cure period provided in Listing Rule 5605(c)(4)…

Shengkai Innovations (VALV)

Comments & Business Outlook
FY2012 Second Quarter Highlights Revenues were approximately $10.3 million compared with approximately $22.4 million in the second quarter of FY2011; Revenues from the electric power segment were approximately $2.6 million compared with approximately $16.0 million in the second quarter of FY2011; Revenues from the petrochemical and chemical segment increased 32.8% year-over-year to approximately $7.1 million; Gross profit was approximately $4.3 million…

Sifco Industries (SIF)

Comments & Business Outlook
First Quarter 2012 Results Net sales increased 33.2% in the first quarter of fiscal 2012 to $28.5 million, compared with $21.4 million in the same period a year ago. Net income for the first quarter of fiscal 2012 was $1.2 million, or $0.22 per diluted share, compared with net income of $1.2 million, or $0.23 per diluted share, in the comparable fiscal 2011 period…

Sinocoking Coal & Coke (SCOK)

Comments & Business Outlook
> GeoTeam® Note: Second quarter 2011 vs. 2010 Adjusted EPS was $0.07 vs. $0.22…

Wednesday, February 8, 2012

Au Optronics (AUO)

Comments & Business Outlook
Fourth Quarter 2011 Results AUO's unaudited consolidated results for the fourth quarter of 2011 were highlighted as below: Revenue was NT$89,505 million, down 9.5% quarter-over-quarter Net loss was NT$20,986 million Basic EPS was -NT$2.34 per common share Gross margin was -11.5% Operating margin was -19.5% EBITDA(3) margin was 4.6% "…

Cdc (CDCAQ)

Acquisition Activity
Proposed Sale of the Company’s Indirect Ownership of CDC Software On February 1, 2012, the Company and Software International entered into a Share Purchase Agreement (as amended, the “SPA”) with Archipelago Holdings (the “Buyer”), an affiliate of Vista Equity Holdings, for the sale of the Company’s indirect share holdings in CDC Software. The purchase price under the SPA for the…

Cdc Software (CDCSY)

Acquisition Activity
Proposed Sale of the Company’s Indirect Ownership of CDC Software On February 1, 2012, the Company and Software International entered into a Share Purchase Agreement (as amended, the “SPA”) with Archipelago Holdings (the “Buyer”), an affiliate of Vista Equity Holdings, for the sale of the Company’s indirect share holdings in CDC Software. The purchase price under the SPA for the…

China Green Agriculture (CGA)

Comments & Business Outlook
Second Quarter 2012 Results Our net sales for the quarter ended December 31, 2011 were $47.1million, an increase of $11.8 million, or 33.4%, from $35.3 million for the three months ended December 31, 2010, largely due to the strong sales of fertilizer products for each subsidiary during this period. Net income for the three months ended December 31, 2011 was $7.7 million, an increase of $…

China Shen Zhou Mining (SHZ)

Acquisition Activity
BEIJING, February 8, 2012 /PRNewswire-Asia-FirstCall/ -- China Shen Zhou Mining & Resources, Inc. ("China Shen Zhou", or the "Company") (NYSE Amex: SHZ), a company engaged in the exploration, development, mining and processing of fluorite, zinc, lead, copper, and other nonferrous metals in China, today announced that its subsidiary, Xiangzhen Mining Ltd. ("Xiangzhen"),…

Cleantech Innovations (CTEK)

Investor Alert
On January 31, 2012, the United States District Court for the Southern District of New York dismissed CleanTech Innovations, Inc.’s suit against the NASDAQ Stock Market, LLC and NASDAQ OMX Group on the basis of a lack of federal subject matter jurisdiction. The Company currently plans to appeal to the Second Circuit Court of Appeals…

Cybex Intl (CYBI)

Resolution of Legal Issues
MEDWAY, Mass.--(BUSINESS WIRE)--Cybex International, Inc. (NASDAQ: CYBI), a leading manufacturer of premium exercise equipment, announced today that it has reached a settlement in the product liability litigation, Barnhard v. Cybex International, Inc. Pursuant to the settlement, Cybex will pay to the plaintiff, net of insurance, approximately $19,500,000, of which approximately $18,500,000 will be paid at the consummation of the settlement with…

Deyu Agriculture (DEYU)

Acquisition Activity
Item 1.01 Entry into a Material Definitive Agreement. On February 2, 2012, Redsun Technology (Shenzhen) Co. Limited (“Redsun”), a company organized under the laws of the People’s Republic of China (“PRC”) and a wholly-owned subsidiary of Deyu Agriculture Corp., a Nevada corporation (the “Registrant”) entered into a Stock…

Euro Tech Holdings Co (CLWT)

Auditor trail
HONG KONG, February 8, 2012 /PRNewswire-Asia/ -- Euro Tech Holdings Company Limited (Nasdaq: CLWT) today announced that on February 8, 2012 the Company engaged Dominic K.F. Chan & Co. ("DKFC"), as its independent registered public accounting firm, replacing BDO Limited of Hong Kong ("BDO Hong Kong"), which resigned on February 8, 2012. The decision to change auditors was…

General Employment (JOB)

CFO Trail
> On December 30, 2011, General Employment Enterprises, Inc. terminated the employment of James R. Harlan, the Company’s Chief Financial Officer and Treasurer. Mr. Harlan’s termination was not due to any disagreement with the Company on any matter relating to the Company's operation, policies or practices. On January 3, 2012, General Employment Enterprises, Inc. appointed Jarett A. Misch as…

Resolution of Legal Issues
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On January 4, 2012, General Employment Enterprises, Inc., an Illinois corporation (the “Company”), received a letter from the NYSE Amex LLC (the “Exchange”) stating that based upon its review of publicly available information including the Company’s Form 8-…

Huaneng Power Intl (HNP)

Comments & Business Outlook
BEIJING, February 8, 2012 /PRNewswire-Asia/ -- Huaneng Power International, Inc. ("HPI", the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) announced today that Shantou Port Haimen Terminal Zone Huaneng Coal Transit Base Project (the "Project") (of which the Company owns 60% equity interest) was recently approved by the National Development and Reform Commission of the People's Republic of…

Innodata Isogen (INOD)

Comments & Business Outlook
Fourth Quarter 2011 Results Total revenue was a record $23.7 million in the fourth quarter of 2011, a sequential increase of 23% from $19.2 million in the third quarter of 2011, and a 59% increase from $14.9 million in the fourth quarter of 2010 Net income for the fourth quarter of 2011 was $2.3 million, or $0.09 per diluted share, compared to net income of $1.4 million,…

Internet Initiative (IIJI)

Comments & Business Outlook
Third Quarter 2011 Results Revenues were JPY70,752 million, up 24.6% YoY. Net income attributable to IIJ was JPY2,390 million, up 19.7% YoY (JPY1,997 million in 3Q10). "Outsourcing trend for Japanese IT systems has been a tailwind for us. Our business continued to show steady growth and we remain confident with our overall business strategy. For this fiscal year, we have some cost burden related to our new services and…

Mastech Holdings (MHH)

Deal Flow
PITTSBURGH, Feb. 7, 2012 /PRNewswire/ -- Mastech Holdings, Inc. (NYSE Amex: MHH), a national provider of Information Technology and Specialized Healthcare staffing services, announced today that it is commencing a modified "Dutch auction" tender offer to repurchase up to 608,000 shares of its common stock, representing approximately 17% of Mastech's outstanding shares. The 608,000 shares represent the remaining shares available for purchase under Mastech's stock repurchase program,…

Comments & Business Outlook
Fourth Quarter 2011 Results Revenues for the quarter were $23.9 million and represented an 18% increase over the corresponding quarter last year and a 2% improvement over third quarter 2011 results. Consolidated net income for the fourth quarter 2011 totaled $253,000 or $0.07 per diluted share, compared to $304,000 or $0.08 per diluted share, in the same period last year. The 2011 fourth quarter results included severance expense equal…

Multi-Color (LABL)

Comments & Business Outlook
Third Quarter 2012 Results Net revenues increased 76% to $146.4 million from $83.4 million compared to the three months ended December 31, 2010. Excluding the impact of the special items noted below, adjusted EPS decreased to $0.31 cents per diluted share from $0.38 cents in the prior year quarter. Net income attributable to Multi-Color Corporation decreased to $1.6 million from $4.8 million in the prior year…

GeoSpecial Notes
On 8/22/2011 we added LABL to the GeoSpecial list @ $24.78 Catalyst: Strong first quarter 2011 results; Makes accretive acquisition. We are now removing LABL from the GeoSpeicial List @ $22.23 Current road block: Third Quarter EPS of $0.31 down from prior year of $0.38 and also missed analyst estimate of $0.45 Peak performance: Reached a high of $28.00…

Pacific Asia Petrole (CAK)

Acquisition Activity
As previously reported, on December 30, 2011, CAMAC Energy Inc. (“CAMAC Energy” or the “Company”) entered into a Deed of Warranty and Implementation Agreement (the “Agreement”) with certain major shareholders (the “Principal Shareholders”) of Avana Petroleum Limited, a private Isle of Man company (“Avana”), relating to…

Pixelplus Co (PXPLY)

Investor Alert
SEOUL, South Korea, Dec. 6, 2011 /PRNewswire/ -- Pixelplus Co., Ltd. (PXPLY: PK), a fabless semiconductor company in South Korea that designs, develops, and markets CMOS image sensors for various consumer electronics applications,announced that the Company will terminate its American Depositary Receipts ("ADR") Program. As a first step for that purpose, the Company will provide written notice to its Depositary to terminate the Deposit…

Qihoo 360 (QIHU)

Comments & Business Outlook
BEIJING, February 8, 2012 /PRNewswire-Asia/ -- Qihoo 360 Technology Co. Ltd. ("Qihoo 360" or the "Company," NYSE: QIHU), a leading Internet company in China as measured by active user base, today announced that all of its mobile applications for iOS were back on Apple's iTunes App Store as of 11:00am, February 8, 2012, Beijing Time (10:00pm, February 7, 2012,…

Sino Green Land (SGLA)

CFO Trail
On February 6, 2012, Huasong Sheena Shen resigned as chief financial officer of the Company. Ms. Shen did not resign because of a disagreement with the Company…

United Microelectronics (UMC)

Comments & Business Outlook
Fourth Quarter 2011 Results Revenue was NT$24.43 billion, a 3% quarter-over-quarter decrease from NT$25.19 billion in 3Q11, and a 22% year-over-year decrease from NT$31.32 billion in 4Q10. Earnings per share per ADS were $0.02 vs $0.08 in prior year quarter Dr. Shih-Wei Sun, CEO of UMC, said: "In Q4 2011, revenue was in line with UMC's guidance,…

Velatel Global (VELA)

Deal Flow
Item 3.02 Unregistered Sale of Equity Securities Since its last quarterly Report on Form 10-Q filed on November 14, 2012, VelaTel Global Communications, Inc., a Nevada corporation, and the Registrant responsible for filing this current Report on Form 8-K ("Company") has made the sales of unregistered securities identified below, namely shares…

Tuesday, February 7, 2012

Au Optronics (AUO)

Comments & Business Outlook
HSINCHU, Feb. 7, 2012 /PRNewswire-Asia/ -- AU Optronics ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO), the global leading display and solar solutions provider, today announced that it is ready to provide its customers with US-made solar solutions. The progress enriches AUO's global solar module capacity to span across Europe, America, and Asia. It also makes AUO one of the few…

Bcd Semiconductor (BCDS)

Comments & Business Outlook
Fourth Quarter 2011 Results Revenue was $31.3 million, a sequential decrease of 19.8% from $39.1 million for the third quarter of fiscal year 2011, and approximately flat from $31.6 million for the fourth quarter of fiscal year 2010. Gross margin was 26.2%, compared to 27.4% for the third quarter of fiscal year 2011 and 31.8% for the fourth quarter of fiscal year 2010…

Cdc (CDCAQ)

Acquisition Activity
Proposed Sale of the Company’s Indirect Ownership of CDC Software On February 1, 2012, the Company and Software International entered into aShare Purchase Agreement (as amended, the “SPA”) with Archipelago Holdings (the“Buyer”), an affiliate of Vista Equity Holdings, for the sale of the Company’sindirect share holdings in CDC Software. The purchase price under the…

Chicago Rivet & Machine (CVR)

Comments & Business Outlook
Clues that point to CVR reporting strong 2011 fourth quarter results. Old note for 2011 third quarter 10Q We are encouraged by the improvement in sales and net income reported in the first three quarters of this year and our ability to maintain a strong financial position while making long-term investments in our operations. Although economic conditions remain relatively weak due to high unemployment and weak confidence, we will continue to pursue opportunities to profitably grow our revenues and improve our bottom line…

China Bak Battery (CBAK)

Comments & Business Outlook
First Quarter 2012 Results Net revenues for the first quarter were $71.8 million, up 16.5% from $61.6 million last quarter and up 12.9% from $63.5 million for the same period in fiscal 2011. Net loss was $1.8 million, or diluted loss per share of $0.03, in the first quarter of fiscal 2012 compared to net loss of $9.6 million, or diluted loss per share…

China Ming Yang Wind (MY)

Comments & Business Outlook
ZHONGSHAN, China, Feb. 7, 2012/PRNewswire-Asia/ -- China Ming Yang Wind Power Group Limited ("Ming Yang" or the "Company") (NYSE: MY), a leading wind turbine manufacturer in China, today announced that Ming Yang Wind Power (International) Co. Ltd ("Ming Yang International"), a subsidiary of Ming Yang, entered into certain Engineering, Procurement and Construction contracts ("EPC contracts")…

China New Borun (BORN)

CFO Trail
BEIJING, February 7, 2012 /PRNewswire-Asia/ -- China New Borun Corporation (NYSE: BORN; "Borun" or the "Company"), a leading producer and distributor of corn-based edible alcohol in China, today announces that the Company has promoted Ms. Bing Yu (Ann) to Chief Strategy Officer from her current position as Chief Financial Officer and Mr. Yuanqin Chen (Terence) to Chief Financial Officer from his current position as Vice President…

Fabrinet (FN)

CFO Trail
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Resignation of Executive Officer On February 3, 2012, Mark Schwartz, Fabrinet’s Chief Financial Officer, informed the Board of Directors of his intention to resign as Executive Vice President, Chief Financial Officer and Secretary of Fabrinet. His resignation from all of his officer duties will be effective Thursday, March 1, 2012…

Monday, February 6, 2012

Changyou.com (CYOU)

Comments & Business Outlook
Fourth Quarter 2011 Results Total revenues reached a record US$137.7 million and increased 7% quarter-over-quarter and 39% year-over-year. Excluding revenues from the recently acquired game information portal operated through the 17173.com Website (the "17173 Business"), total revenues increased 5% quarter-over-quarter and 37% year-over-year to US$125.2 million and exceeded the high end of the Company's guidance by US$0.2 million…

China Global Media (CGLO)

Comments & Business Outlook
CHANGSHA, CHINA--(Marketwire - Feb 6, 2012) - China Global Media, Inc. (OTCBB: CGLO) announces its financial performance goals for fiscal years 2012 and 2013. Based on the strong financial performance achieved in fiscal year 2011, CGLO attempts to achieve annual turnover of US $80 Million and annual profit of $15 Million in fiscal year 2012 and achieve annual turnover of US $150 Million and annual profit of $30 Million in fiscal…

Livedeal (LIVE)

Deal Flow
SAN DIEGO, CA--(Marketwire - Jan 30, 2012) - Isaac Capital Group ("ICG"), the private equity division of Isaac Organization, announced today that it has acquired a stake in LiveDeal, Inc. (NASDAQ: LIVE), a provider of web-based customer acquisition and related products for small, local businesses. LiveDeal recently raised $2 million in equity, which demonstrated its compliance with NASDAQ's minimum stockholders' equity requirement of…

Media Exchange Group (CWLCD)

Deal Flow
On January 27, 2012, Intellicell Biosciences, Inc. (the “Company”) entered into a securities purchase agreement with an accredited investor, as defined in Regulation D promulgated under the Securities Act of 1933, as amended (the “Securities Act”), pursuant to which the Company sold an aggregate of twelve thousand five hundred (12,500) shares of our series D convertible preferred stock and a warrant to purchase one…

Seaspan Corp (SSW)

Comments & Business Outlook
HONG KONG, CHINA--(Marketwire - Feb. 3, 2012) - Seaspan Corporation (NYSE:SSW) announced today that the Company's Board of Directors has declared a quarterly dividend of $0.1875 per common share for the three months ended December 31, 2011. The dividend will be paid on February 22, 2012 to all shareholders of record as of February 13, 2012…

Sgoco Group (SGOC)

Investor Alert
BEIJING, February 4, 2012 /PRNewswire-Asia/ -- SGOCO Group, Ltd. ("SGOCO," or the "Company") (Nasdaq: SGOC), a company focused on building its own brands and retail distribution network in the Chinese flat panel display market, including LCD/LED monitors, TVs, and application specific products, today announced that the Company received a letter from the Listing Qualification Staff of the NASDAQ Stock Market LLC (the…

Sohu.com (SOHU)

Comments & Business Outlook
Fourth Quarter 2011 Record total revenues and record revenues in brand advertising, Sogou(1) and online game businesses. Total revenues were US$246 million, up 42% year-over-year and 6% quarter-over-quarter. Total online advertising revenues which include revenues from brand advertising and Sogou business were US$101 million, up 51% year-over-year and 6% quarter-over-quarter. Brand advertising revenues were US$78 million, up…

Super Micro Computer (SMCI)

Comments & Business Outlook
Second Quarter 2012 Results Quarterly net sales of $249.9 million, up 0.8% from the first quarter of fiscal year 2012 and up 3.8% from the same quarter of last year. Net income of $8.8 million, up 3.3% from the first quarter of fiscal year 2012 and down 24.2% from the same quarter of last year. Gross margin of 17.1%, up from 16.0%…

Saturday, February 4, 2012

Charter Communications (CHTR)

GeoSpecial Notes
On January 26, 2012 we removed CHTR from the GeoSpeicial List @ 59.55 Added to the GeoSpecial list on March 15, 2011 @$35.45. Also see intial our research note on March 10, 2012. Peak performance: Reached a high of $61.15 on April 29, 2011 for a maximum potential return of 72.5%. Catalyst: Exited Chapter 11; Company reduced debt by around $8 billion; Company…

Friday, February 3, 2012

Asiainfo-Linkage (ASIA)

Comments & Business Outlook
HONG KONG--(BUSINESS WIRE)--Asia Entertainment & Resources Ltd. (“AERL”) (NASDAQ: AERL), which operates through its subsidiaries and related promoter companies as a VIP room gaming promoter, today announced unaudited Rolling Chip Turnover (as defined below) for the month of January 2012 at the company’s three VIP rooms in Macau was US$1.707 billion, up 24% year-over-year, compared to…

Euro Tech Holdings Co (CLWT)

Investor Alert
HONG KONG, February 3, 2012 /PRNewswire-Asia/ -- Euro Tech Holdings Company Limited (NASDAQ: CLWT, the "Company") today announced that on February 1, 2012, it received a compliance letter from the NASDAQ OMX notifying the Company that because the closing bid price of the Company's ordinary shares has been at $1.00 per share or greater from January 18, 2012 to January 31, 2012, the Company has regained compliance with Listing…

Silicon Motion Tech (SIMO)

Comments & Business Outlook
Fourth Quarter 2011 Results Net sales increased 6% quarter-over-quarter to US$67.1 million from US$63.2 million in 3Q11 Gross margin (non-GAAP[1]) increased to 49.8% from 49.4% in 3Q11 Operating expenses (non-GAAP) increased to US$16.6 million from US$14.8 million in 3Q11 Operating margin (non-GAAP) decreased to 25.1% from 26.0% in 3Q11…

Spectrum Brands Holdings (SPB)

Comments & Business Outlook
First Quarter 2012 Results Net sales of $848.8 million for the first quarter of fiscal 2012, a decrease of 1.4 percent compared with $861.1 million for the same period in fiscal 2011. Adjusted diluted earnings per share of $0.69, a non-GAAP measure, for the first quarter of fiscal 2012, an increase of 46.8 percent compared with $0.47 in fiscal 2011’s first quarter. With…

Telular (WRLS)

Acquisition Activity
Item 2.01. Completion of Acquisition or Disposition of Assets. On February 1, 2012, Telular purchased 100% of the capital stock of SkyBitz, Inc. (“SkyBitz”). SkyBitz provides mobile resource management solutions focusing on over-the-road tracking via satellite. SkyBitz’s satellite-based technology provides real-…

Tudou Holdings (TUDO)

Comments & Business Outlook
SHANGHAI, February 3, 2012 /PRNewswire-Asia/ -- Tudou Holdings Limited (NASDAQ: TUDO) ("Tudou" or the "Company"), a leading integrated Internet video company in China, announced today an enhanced video sharing platform for Sina Weibo (NASDAQ: SINA) users to upload and share videos seamlessly to and from Tudou's video site. The enhanced functionality builds upon the existing cooperation between the two companies. Tudou is the first third…

Wsp Holdings (WH)

Share Structure
WUXI, China, February 3, 2012 /PRNewswire-Asia-FirstCall/ -- WSP Holdings Limited (NYSE: WH) ("WSP Holdings" or the "Company"), a leading Chinese manufacturer of API (American Petroleum Institute) and non-API seamless casing, tubing and drill pipes used in oil and natural gas exploration, drilling and extraction ("Oil Country Tubular Goods" or "OCTG"), and other pipes and connectors, today…

Thursday, February 2, 2012

Breeze-Eastern (BZC)

Comments & Business Outlook
Third Quarter 2012 Results Net sales: $19.6 million, even with the Fiscal 2011 third quarter Net income: $1.1 million, or $0.11 per diluted share, up 11% from $1.0 million, or $0.10 per diluted share, for the Fiscal 2011 third quarter Adjusted EBITDA (as described under “Non-GAAP Financial Measures” in this press release): $2.3…

China Global Media (CGLO)

Comments & Business Outlook
CHANGSHA, CHINA--(Marketwire - Feb 2, 2012) - China Global Media, Inc. (OTCBB: CGLO)'s affiliated operating company Changsha North Latitude 30 Cultural Communications Co., Ltd. ("North Latitude") has signed two one-year advertisement agreements with Hunan Shenxiang Automobile Tiancheng Sales and Services Co., Ltd ('Shenxiang") and Hunan Yongtong Automobile Group ("Yongtong") to place advertisements for Shenxiang and Yongtong on Hunan…

Chineseinvestors.com (CIIX)

S1 Registration
CIIX offers stock to take the company public. (Company was originally a private shell that became a non-public operating entity via a reverse merger). Company Snapshot: Specializes in providing real-time market commentary and analysis in Chinese Use Of proceeds: The following table sets forth management’s estimate of the allocation of net proceeds expected to be received from this offering. Actual expenditures may vary from these estimates. Pending such uses, we will…

Great China Mania (GMEC)

Deal Flow
On January 19, 2012 the Company entered into a SUBSCRIPTION AGREEMENT (the “Agreement”) with Chan Ka Wai (the “Subscriber”) whereby the Subscriber purchased 28,500,000 shares of common stock from the Company (the “Shares”). The purchase price of the shares was HK$ 4,050,000 (or US$ 519,200). The Shares were acquired for long-term investment,…

Kemet (KEM)

Comments & Business Outlook
Third Quarter 2012 Results Net sales for the quarter ended December 31, 2011 were $218.8 million which is a 17.3% decrease over the same quarter last fiscal year. Non-GAAP adjusted net income was $2.0 million or $0.04 per diluted share for the third quarter of fiscal year 2012 compared to $33.1 million of adjusted net income or $0.64 per diluted share for the same quarter last year. "…

Acquisition Activity
GREENVILLE, S.C., Feb. 2, 2012 /PRNewswire/ -- KEMET Corporation (NYSE: KEM), a leading manufacturer of tantalum, ceramic, aluminum, film, paper and electrolytic capacitors, announced today that it has signed an agreement to acquire all of the outstanding shares of Niotan Incorporated ("Niotan"), a leading manufacturer of tantalum powders, from an affiliate of Denham Capital Management LP. Niotan has been a significant supplier of tantalum…

Qihoo 360 (QIHU)

Joint Venture
BEIJING, February 2, 2012 /PRNewswire-Asia/ -- Qihoo 360 Technology Co. Ltd. ("Qihoo 360" or the "Company," NYSE: QIHU), a leading Internet company in China as measured by active user base, today announced that it has formed a strategic partnership with Sina Weibo, the leading social media platform in China. Through the partnership, all of Qihoo 360's registered users will be able to access Sina Weibo…

Wuhan General Group (WUHN)

CFO Trail
On January 18, 2012, Philip Lo submitted to Wuhan General Group (China), Inc. (the “Company”) a resignation letter pursuant to which he resigned as the Chief Financial Officer (“CFO”) and Treasurer of the Company, effective immediately…

Wednesday, February 1, 2012

Ecoland Intl (ECIT)

Pump and Dump Watch
CHANDLER, Ariz., Feb. 1, 2012 (GLOBE NEWSWIRE) -- Ecoland International, Inc. (OTCBB:ECIT) – D & R Technology a now wholly owned subsidiary of Ecoland International, Inc., announced today that JUDO Water Treatment Inc. has signed a letter of intent that exclusively contracts the company to manufacture and install custom-built, advanced water treatment systems and equipment to industrial end-users in the United States and Canada…

Gigamedia (GIGM)

CFO Trail
TAIPEI, Feb. 1, 2012 /PRNewswire-Asia/ -- GigaMedia Limited (NASDAQ: GIGM) ("GigaMedia") announced today that it has appointed Dirk Chen as chief financial officer, effective immediately. Mr. Chen brings extensive financial leadership experience in international business to GigaMedia and an excellent record of delivering corporate growth and strong financial performance. During a 30-year career with Taiwan-based Chailease Finance, a leading financial firm, Dirk served the…

Hybrid Fuels (HRID)

Pump and Dump Watch
HRID is being pumped by a multitude of websites and newsletters. Below are 2 pumps. Disclosure: GeoInvesting is providing these images as is and in no way has any affiliation with any promoters and/or newletters disseminating information on this stock, nor is GeoInvesting being paid to post this information. At times, the GeoTeam may trade P&D's on a long or short basis, depending on how we feel the momentum of the stocks will be affected by…

Tuesday, January 31, 2012

Agfeed Industries (FEED)

Investor Alert
On January 31, 2012, AgFeed Industries, Inc. (the “Company”) announced today that it has notified The Nasdaq Stock Market LLC (“Nasdaq”) of its intent to voluntarily delist its common stock from The Nasdaq Global Select Market. The Company currently anticipates that it will file with the Securities and Exchange Commission (the “Commission”) and Nasdaq a Form 25 relating to the delisting…

Ambow Education Holdings (AMBO)

Joint Venture
BEIJING, January 31, 2012 /PRNewswire-Asia/ -- Ambow Education Holding Ltd. ("Ambow" or the "Company" NYSE: AMBO), a leading national provider of educational and career enhancement services in China, today announced a partnership with Oracle to provide the Workforce Development Program (WDP), a unique training program developed by Oracle that is ideally suited for Ambow's career enhancement students. This program will provide accessible and affordable…

Ecoland Intl (ECIT)

Pump and Dump Watch
LONDON, ENGLAND--(Marketwire - Jan. 31, 2012) - http://www.clubpennystock.com The US leader in micro cap alerts offers its high quality stocks alert newsletter to investors looking for the best picks around! We are looking to kick off the New Year making sure you are up to date with all the top volume leaders in the small cap world...we will show you the movers and shakers...regardless of performance…

Guanwei Recycling (GPRC)

Investor Alert
On January 25, 2012, the Nasdaq Stock Market (“Nasdaq”) notified Guanwei Recycling Corp. (the “Company”) that it no longer complied with Nasdaq Rule 5550(a)(2) (the “Minimum Bid Price Rule”), as the closing bid price of the Company’s common stock, par value $0.001 (“Common Stock”),…

Highway Holdings (HIHO)

Joint Venture
LOS ANGELES, Jan. 31, 2012 (GLOBE NEWSWIRE) -- Highway Holdings Limited (Nasdaq:HIHO) today announced it has established a strategic marketing alliance with Hongtuo Precision Metalware Co., Limited, a Shenzhen, China-based company that is part of the Hot-Top Group. Terms were not disclosed. "This new marketing alliance is intended to accelerate business opportunities within the local China market by capitalizing on Hongtuo Precision Metalware's extensive regional customer relationships and leveraging…

Manitex Intl (MNTX)

Comments & Business Outlook
BRIDGEVIEW, Ill., Jan. 31, 2012 /PRNewswire/ -- Manitex International, Inc. (Nasdaq: MNTX), a leading provider of engineered lifting solutions including boom truck cranes, rough terrain forklifts, container handling equipment and special mission oriented vehicles, today announced a new order, valued at $1.9 million, including options for future deliveries, from the Canadian military for CVS Ferrari reach stackers. This order represents the first sale to North…

Ossen Innovation Co (OSN)

Resolution of Legal Issues
SHANGHAI, January 31, 2012 /PRNewswire-Asia-FirstCall/ --Ossen Innovation Co., Ltd. ("Ossen" or the "Company") (NASDAQ: OSN), a China-based manufacturer of an array of plain surface, rare earth and zinc coated pre-stressed steel materials, today announced that the Company has received a letter from the NASDAQ Stock Market dated January 27, 2012 advising the Company that the closing bid price of the Company's stock on…

Seaspan Corp (SSW)

Acquisition Activity
HONG KONG, CHINA--(Marketwire - Jan. 30, 2012) - Seaspan Corporation (NYSE:SSW) ("Seaspan") today announced it has acquired Seaspan Management Services Limited (the "Manager") in a stock-based transaction, and has acquired and cancelled all of Seaspan's issued and outstanding Class C common shares. A Report on Form 6-K disclosing additional details of Seaspan's acquisition of the Manager was filed today with the U.S…

Stevia (STEV)

Deal Flow
INDIANAPOLIS, IN--(Marketwire - Jan 31, 2012) - Stevia Corp. (OTCBB: STEV) ("Stevia Corp." or the "Company"), a farm management company focused on the economic development of stevia, the fastest growing product in the alternative sweetener sector, is pleased to announce it has entered into an Equity Purchase Agreement of up to $20,000,000 of the Company's registered common stock by Southridge Partners II, LP…

Ziyang Ceramics (CAAHD)

Notable Share Transactions
China America Holdings, Inc. has taken two corporate actions: • a 400 for 1 reverse split of our issued and outstanding common stock, and • a change our corporate name to Ziyang Ceramics Corporation. The effective date of these actions is January 27, 2012 and our common stock will be quoted on the OTC Bulletin Board under our new name and on a post-split basis on that date. Our CUSIP…

Monday, January 30, 2012

China Auto Logistics (CALI)

Comments & Business Outlook
Cooperation Agreement with Five Leading Auto Insurers The Company reported it has now concluded cooperation agreements with five of the leading auto insurance providers in China under which the Company will be qualified to offer automobile insurance to purchasers of automobiles in its auto mall, the largest imported luxury auto mall in Tianjin. "Auto insurance is particularly important to buyers of the luxury cars we sell," stated Mr. Tong Shiping, CEO and Chairman of the Company, "and we now…

Deal Flow
Increased Support from Three Leading Banks The Company also announced an expansion of its cooperation with three leading Chinese banks which it expects will lead to the further strengthening and growth of its auto-related services. Under an agreement reached with Bank of China (BOC), one of China's four largest state-owned commercial banks, the Company will soon offer its luxury auto customers the option of installment buying. Through an agreement developed with China Merchant Bank…

China Botanic (CBP)

Comments & Business Outlook
Fourth Quarter 2011 Highlights and Recent Events Net sales increased 12.8% year over year to $18.8 million Gross profit increased 18.5% to $10.8 million from $9.1 million in the fourth quarter of fiscal year 2011 Gross margin increased to 57.1% from 54.4% in the year ago period Net income was $5.4 million, or $0.14 per diluted share, as compared to…

Liquidity Requirements
With the anticipated income from 2012, we believe our cash are adequate to satisfy our working capital needs and sustain our ongoing operations for the next twelve months. We believe the market for pharmaceutical products in China is growing rapidly. Our growth strategy involves capturing as much of this market as possible during this rapid growth phase. To implement this strategy we plan to strengthen our dominant position in the Siberian Ginseng (Acanthopanax) market, expand our Siberian Ginseng (Acanthopanax) cultivating…

China Yuchai (CYD)

Comments & Business Outlook
SINGAPORE, January 30, 2012 /PRNewswire-Asia-FirstCall/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") announced today that Yuchai Remanufacturing Services (Suzhou) Co., Ltd. ("Yuchai Remanufacturing Services"), the remanufacturing joint venture between its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL") and Caterpillar (China) Investment Co., Ltd. (…

Flying Eagle Pu Technical (SOOND)

Share Structure
FUJIAN, China, Jan. 30, 2012 /PRNewswire-Asia/ -- Sooner Holdings, Inc. (OTC Bulletin Board: SOON) (the "Company"), announced that it has changed its name to Flying Eagle PU Technical Corporation and completed a reverse stock split on a 1-for-18.29069125 shares basis. The Company's stock symbol on the NASDAQ Over-the-Counter Bulletin Board will also be changed from "SOON" to "FEPU."…

Huaneng Power Intl (HNP)

Comments & Business Outlook
BEIJING, Jan. 30. 2012 /PRNewswire-Asia/ -- Huaneng Power International, Inc. ("HPI", the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) announced today its expected results for the full year of 2011. Based on preliminary estimate of the Company, it is expected that the net profit attributable to the Company's shareholders under the PRC Accounting Standards for the period from 1…

L & L Energy (LLEN)

Acquisition Activity
SEATTLE, Jan. 30, 2012 /PRNewswire/ -- L & L Energy, Inc., (Nasdaq: LLEN) ("L&L" or the "Company"), a U.S.-based company founded in 1995 with coal mining and distribution businesses in China, announced today that it has entered an agreement acquiring 51% controlling interest of the Weishe coal mine ("The Mine" or "Weishe") in China…

Micronetics (NOIZ)

Comments & Business Outlook
Third Quarter 2012 Results Net sales for Q3 FY 2012 were $12.0 million, an increase of $4.4 million or 58% compared to $7.6 million for Q3 FY 2011. Net income for Q3 FY 2012 was $902,395 or $0.20 per diluted share as compared to net income of $101,123 or $0.02 per diluted share for Q3 FY 2011. David Robbins, Micronetics’ CEO,…

Narnia Corp. (CFEC)

Share Structure
> Effective January 25, 2012, in accordance with approval from the Financial Industry Regulatory Authority (“FINRA”) and the U.S. Securities and Exchange Commission, we changed our name from China Forest Energy Corp. to Narnia Corp. In addition, our issued and outstanding shares of common stock increased from 18,081,000 shares of common stock to 162,729,000 shares of common stock, par value of $0.00001,…

Onyx Service & Solutions (ONYX)

Investor Alert
SEC Mandated Trading Suspension It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Onyx Service & Solutions, Inc. ("ONYX") because of questions regarding the accuracy of assertions by ONYX in press releases concerning, among other things, the company's business projects and prospects. The Commission is of the opinion that the public interest and the protection of investors require a suspension of trading…

Ossen Innovation Co (OSN)

Investor Alert
SHANGHAI, January 31, 2012 /PRNewswire-Asia-FirstCall/ --Ossen Innovation Co., Ltd. ("Ossen" or the "Company") (NASDAQ: OSN), a China-based manufacturer of an array of plain surface, rare earth and zinc coated pre-stressed steel materials, today announced that the Company has received a letter from the NASDAQ Stock Market dated January 27, 2012 advising the Company that the closing bid price of the Company's stock on…

Xcelmobility (XCLL)

Pump and Dump Watch
REDWOOD CITY, CA--(Marketwire - Jan 30, 2012) - XcelMobility Inc. (OTCBB: XCLL) ("Xcel" or the "Company"), a developer of high speed web browsing solutions and related performance enhancing products for mobile devices, is pleased to announce a contract to install Xcel's flagship Mach 5 Xcelerator on an initial product run of 1,000,000 USB mobility devices in a licensing agreement with telecommunications giant ZTE (www.zte.com…

Yingli Green Energy (YGE)

Comments & Business Outlook
BAODING, China, January 30, 2012 /PRNewswire-Asia/ -- Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"), a leading solar energy company and one of the world's largest vertically integrated photovoltaic ("PV") manufacturers, which markets its products under the brand "Yingli Solar," today announced that it has entered into a supply agreement (the "Agreement")…

Ziyang Ceramics (CAAHD)

Share Structure
> Our common stock is quoted on the OTC Bulletin Board under the symbol CAAH. As disclosed in our definitive Information Statement on Schedule 14C as filed with the Securities and Exchange Commission on December 30, 2011, China America Holdings, Inc. has taken two corporate actions: > > The effective date of these actions is January 27, 2012 and our common stock will be quoted…

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