+ Watch GURE
on My Watchlist
Br prices on the rise. Company soon reporting another clean 10K (three in a row). Cash generating company.
Rising prices on bromine will yield profits in the coming year. Speculative but worth the risk.
All time record earnings q2 coming.
Tracking portfolio for China based companies that gained listings on US exchanges (Nasdaq, NYSE, or Amex) after conducting reverse mergers. Stocks that have been delisted have been omitted. Start date: Jun 24, average P/E of these companies: 3.
The demand for Bromine has been high and there is a shortage of Bromine supplies right now, especially in China. GFRE is therefore in the righ market as a bromine producer, they are in the fastest growing Bromine usage country. ALB just announced that they will refocus their activities to increase the activities out of Asia versus US and Europe with China being a key country in their Asian strategy. Even if there is the possibility that GFRE books are not 100% clean, they have a solid Business and with the price of Bromine increasing by 80% year over year and now representing 2/3rd of their revenues Thank to this price increase, they have a solid cash flow generation. This should allow them to invest up in the value chain of Bromine and move away from a pure Bromine producer to a Bromine Chemicals producer. This diversification would reduce the Business risk and insure growth that Bromine itself cannot support. Chinese production of Bromine is certainly peaking right now and growth as a basic bromine producer could be tough. Again GFRE is right now in a hot Business, Bromine, in the fastest growing market in the world for Bromine products and has the balance sheet to position itself well against the giants like ALB. The risk is that they could be acquired by one of the largest companies but if they don't, they for sure have a competitive advantage by their presence in China itself and some existing Business connections there. Their share price has suffered from the overall Chinese stock scandals but so far nothing raised against them as been proven right, they have filed their fully audited 10K at a time when Auditors have been a lot more cautious before issuing their certification.My price target short term is around $8 but this is a stock which if they manage their Business well could be in the double digit range easily next year.
This is good stoke but there is people interesting in putting down the price
The market overreacted to questions about accounting and stock is undervalued.
I won't be surprised if it gets delisted soon.
very bad news worthless papers
High Cashflow for Market Value
This is a tracking portfolio of all CAPS-ratable tickers in the Chinese RTO/SPAC space (i.e., companies that listed without filing an IPO).Gulf Resources, Inc. went public via a reverse merger in 2006. The company is based in China.
Good company. Major player in the bromine market. Shares down due to Chinese Fraud fears. Company seems genuine.
can't go lower...
They are being beaten down by an investor (HAP Trading LLP) that is currently dumping shares in violation of a lockdown agreement, and also by the Chinese reverse-merger small-cap jitters. HAP should be running out of steam soon and have no more shares to dump - and the fundamentals of the company have and continue to be sound.
The recent drop in price of this stock represents a great buying opportunity. With $1.97 in cash per share, EPS of $1.34, and no debt, its balance sheet and earnings are squeaky clean. Internal audit controls by Deloitte show that the company is not another small-cap Chinese stock that is fabricating numbers. Finally, it enjoys a virtual monopoly in a growing market with limited supply and growing demand. Currently selling other positions to add to this one, after I bought in at $8/share.
Although this stock has been on a down trend, it will see 15%+ increases soon based on the good financials that were reported today. Financials are not fraudulent like those from CCME, another Chinese company, a situation which is causing investors to flee from their Chinese equities. Unfortunately for them, they're leaving good picks like GFRE behind and they're up for grabs by good investors. Fool on!
They are in the business of prospecting for salt water. Dow Chemical was started in this same way. Salt water was discovered in central Michigan, and that's why Dow is head quartered there. You get the specialty chemical company for free.
CHINA FINANCE, INC.57-71 #HIGH-TECH INDUSTRIAL PARK NANSHAN,DISTRICT SHENZHEN, P.R. CHINA 51805October 11th 2004RE: Resignation of XIAOBIN LIUTo the Board of Directors and Shareholders:I hereby resign the position as the CFO of China Finance, Inc. (the "Company") effective immediately. Please be advised that my resignation from the Company is not a result of any disagreements with the Company on any matters relating to the Company's operations, policies, or practices. Please also be advised that I have no claim against the Company for compensation for loss of office, fees or disbursements or otherwise whatsoever.
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