Keep your eyes on this company! qtr over qtr growth, yr over yr growth in an exciting high-end auto market. China has surpassed US as biggest seller of Autos and is going strong this and last year! Their numbers are due out next month!!
Posted by IWISHIHAD on :
I finally decided to pull the trigger on this one and buy a few shares.
I have been watching for a little while and decided it was time, even though it seems to stay in same range right now.
Wish i was more confortable with the China stocks.
I also like CHNG and CBEH.
Posted by ansible on :
(RTTNews) - Monday, China Auto Logistics Inc.'s (CALI: News ) second-quarter net income attributable to the company increased 21% to $1.32 million or $0.07 per share from $1.10 million or $0.09 per share in the same period last year.
Net revenue in the second quarter 2009 was $45.11 million compared with $47.76 million in the last year, a decline of 5.5%. Additionally, China Auto Logistics said that the effects of its recently announced share transfer agreements, which increased its ownership of minority interests in its three subsidiaries are not reflected in the reported results.
Posted by ansible on :
Can anyone shed some light on the part of the last sentence that talks about share xfer agreements?
Posted by ansible on :
Up 20% today! Anyone know why?
Posted by Hot-Pepper on :
Is this one similar to "OWVI"
Posted by ansible on :
In at 3.70 out at 5.85. Thanks for the heads-up, focuschina!
Posted by Lockman on :