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Author Topic: CCTR
mazzulla
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hit lows * .036 ---- 100 thousand dollar made 40 million last year there are alot of negatives about this company but there are alot more positives.... like 27 cent eps webcast on on june 26 chinacrescent.com

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oldseven
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DALLAS, TX -- (Marketwire) -- 06/26/09 -- China Crescent Enterprises, Inc. (OTCBB: CCTR) today released an On-Demand Webcast to preview an anticipated 2nd quarter increase in earnings per share and to provide an outlook on anticipated overall revenue and net income growth for 2009. The Webcast also highlights the Company's recently announced $30 million outsourcing agreement and two new, recently announced service lines anticipated to increase gross margin.

A link to the Webcast titled '2nd Quarter Preview and '09 Outlook Webcast (June 26, 2009)' is available on the Company's website under Webcasts at: http://www.newmarkettechnology.com/about-newmarket-china.htm.

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Smash
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Just hit NEW 52 week low a few minutes ago. Sitting at .0293/share (new low). This could be a pretty good play from a technical standpoint, imo. Bid is at .0295, but no takers yet. Volume is relatively higher than normal and ought to end up substantially higher than the 10-day average by end of day.
Can anyone read the chart?

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Smash
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I think the problem with this company is that they took in like $7 million, but profited like $200 thousand. What the junk are they spending their revenue on? But still, seems like it's bound to bounce back from this fall, in my opinion, of course.
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Bought the bridge
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Looks like it has been dying a slow painful death since May 2008. Sounds like they are trying to resuscitate it now - hope it works.
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Smash
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Ok, possibly bottomed out here. Couldn't get any shares earlier at .0295, so got in at .03. Ask has already moved slightly higher. We could see a rally on monday once news of the new 52 week low catches on. I don't see why this fell so greatly today. The revenue report wasn't great, but it wasn't terrible either...Volume is almost double 10-day average. Could see some movement before market close and monday, imo.
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oldseven
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I hope you triple your money. I got in at .01 and watched it go down from there. Might as well hold on and see what happens now.

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Smash
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Thanks Oldseven. I'm not sure, but I think you meant you got in at .10? not .01? You're probably right, if you took a 70% loss, what good is it to sell...unless they go bankrupt or a crazy story is released, I guess.
But anyway, good luck in your decision, and I hope you get that ONE good stock pretty soon.

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oldseven
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Yep, meant .10- oops. Must have had some Old 7 when I was typing. I am thinking about some more now that I beleive its at about bottom.
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Smash
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NEWS OUT. Here we go...this hit a new 52-week low on Friday. Still hovering near that level. News out involves relation with HP. Might be a good one to watch, fresh off new low.

China Crescent Enterprises, Inc. Increases $40 Million 2009 Profitable Revenue Forecast Based on Hewlett-Packard YTD Sales and World Bank Growth Forecast

CCTR 0.03 0.00%

As of 12:00 AM ET 6/26/09
China Crescent Enterprises, Inc. (OTCBB: CCTR) today announced increasing its previous expectations for profitable revenue growth in 2009. The Company reported over $40 million in profitable revenue in 2008 as a reseller and integrator in China for Hewlett-Packard (HP), Sony, Lenovo and other brand name technology companies.
HP's market share in China increased to 13.7 percent in the first quarter of 2009 from 10.9 percent in the last quarter of 2008, according to IDC. In April, HP introduced a new line of thin client computers aimed at low cost desktop replacements for business users. Philip Verges, China Crescent founder and board member, was in Chongqing for the launch. In October of last year, HP launched a new manufacturing plant in Chongqing.
The World Bank raised its 2009 economic growth forecast for China from 6.5 percent to 7.2 percent due to its stimulus-driven investment boom. Ardo Hansson, the World Bank's lead China economist, indicated that the government stimulus impact is bigger than expected.
On Friday, June 26th, China Crescent released an on-demand Webcast to preview an anticipated 2nd quarter increase in earnings per share and provide an outlook on anticipated overall revenue and net income growth for 2009. The Webcast also highlights the Company's recently announced $30 million outsourcing agreement and two new, recently announced service lines anticipated to increase gross margin.
A link to the Webcast titled '2nd Quarter Preview and '09 Outlook Webcast (June 26, 2009)' is available on the Company's website under Webcasts at: http://www.newmarkettechnology.com/about-newmarket-china.htm.

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oldseven
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.034 Up 13.33%

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oldseven
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DALLAS, TX -- (Marketwire) -- 07/07/09 -- China Crescent Enterprises, Inc. (OTCBB: CCTR) today announced that the Company expects to double net income in 2009 compared to 2008 and that the increase in net income could be more than double. The Company will review the net income expectations in an on-demand Webcast scheduled for Thursday, July 9, 2009. The Webcast will include a review of Company's increased year-to-date sales compared to last year and a preview of the anticipated positive 2nd quarter results.

Company Expects to Top 2008 $40 Million in Profitable Revenue

Last week, the Company announced increasing its previous expectations for profitable revenue growth in 2009. The Company reported over $40 million in profitable revenue in 2008 as a reseller and integrator in China for Hewlett-Packard (HP), Sony, Lenovo and other brand name technology companies.

HP's market share in China increased to 13.7 percent in the first quarter of 2009 from 10.9 percent in the last quarter of 2008, according to IDC. In April, HP introduced a new line of thin client computers aimed at low cost desktop replacements for business users. Philip Verges, China Crescent founder and board member, was in Chongqing for the launch. In October of last year, HP launched a new manufacturing plant in Chongqing.

The World Bank raised its 2009 economic growth forecast for China from 6.5 percent to 7.2 percent due to its stimulus-driven investment boom. Ardo Hansson, the World Bank's lead China economist, indicated that the government stimulus impact is bigger than expected.

Corporate E-mail Updates

To be added to China Crescent's e-mail database to receive company updates or to obtain more information on the Company, please send an e-mail to ir*chinacrescent.com or call 214-722-3065.

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Only ONE good stock away from retirement!

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oldseven
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Up 150%

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Only ONE good stock away from retirement!

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mazzulla
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not to get off CCTR but check out IMXC up 40% off 52 lows

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scared money never wins

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oldseven
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China Crescent Enterprises, Inc. Updates Suggested Fair Value Target Price per Share of $0.30 vs. Current $0.02 Following High Trading Volume
China Crescent Enterprises, Inc. Updates Suggested Fair Value Target Price per Share of $0.30 vs. Current $0.02 Following High Trading Volume
Majority Shareholder Anticipates Increased Price per Share With Continued Increases in Earnings per Share

DALLAS, TX -- (Marketwire) -- 07/08/09 -- China Crescent Enterprises, Inc. (OTCBB: CCTR) today announced that management anticipates an increased price per share in conjunction with the Company's continued expectations of increased earnings per share. The Company expects to double net income in 2009 compared to 2008 and that the increase in net income could be more than double. The Company will review an expected doubling of net income in 2009 compared to 2008 in an on-demand Webcast scheduled for Thursday, July 9, 2009. The Webcast will include a review of Company's increased year-to-date sales compared to last year's sales that resulted in over $40 million in profitable annual revenue. The presentation will include a preview of the anticipated positive 2nd quarter results and an update of the suggested fair value target price per share of $0.30 originally presented in a Webcast on May 13th (the original Webcast is available on the Company's website at http://www.newmarkettechnology.com/webcast_ccse_20090513.htm).

"Trading volume has been high relative to the Company's issued and outstanding stock since the recapitalization completed in May," said Philip Verges, founder and board member and managing board member of the Company's majority shareholder. "Yesterday's trading volume was higher than the average daily trading volume. The current share price since the recapitalization remains low compared to similar publicly traded companies. I remain optimistic that the price per share will increase to align with market comparables. I consider the recent price per share and trading volume volatility a transitional phase and believe the upcoming 2nd quarter report can be a milestone event leading to a price per share increase in the range of the suggested fair value target of $0.30. I would encourage anyone reading this press release and interested in purchasing China Crescent stock to review the Company's recent news releases and public filings to fully understand the potential value in purchasing shares at what I consider highly discounted prices, as well as the various risks associated with investing in early stage companies quoted on an over the counter market."

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mazzulla
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look at volume comp .. ridiculous

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scared money never wins

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oldseven
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up 171%; Volume 34m

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Only ONE good stock away from retirement!

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tmanfromtexas
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Closed at .06 with the shareholder update tomorrow. Lets hope its a good one. TMAN...

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gumzsa
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Grabbed some .027 and held all. Looks like gapper material tomorrow.
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oldseven
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China Crescent Enterprises, Inc. Releases Exclusive Webcast to Discuss Recent Increased Share Price and Trading Volume and to Further Review the Expected Doubling of Net Income in 2009 Compared to 2008

Fortune 500 Reports Information Technology as Profit Leader

DALLAS, TX -- (Marketwire) -- 07/09/09 -- China Crescent Enterprises, Inc. (OTCBB: CCTR) today released a statement following two consecutive days of high trading volume and a substantial increase in share price.

"The 2009 Global Fortune 500 list was released yesterday and the information technology industry was a top performer in profit growth," said Philip Verges, founder and board member of China Crescent and managing board member of the Company's majority shareholder. "Notably, brand name technology stocks have been some of the market's top performers so far this year. Research In Motion, the maker of the Blackberry, is up 72%, Apple's share price is up 64%, Google, IBM, and Qualcomm are all up approximately 20% to 30%. I believe smaller technology companies such as China Crescent have the potential to follow suit and experience similar share price increases. China Crescent has been concentrating on improving net income performance and recently announced it expects to double net income in 2009 compared to 2008 and that the increase in net income could be more than double. The Company reported over $40 million in profitable revenue in 2008. The Company also reported increased net income in the first quarter of 2009 compared to the first quarter of 2008. The Company expects second quarter results to reflect continued progress toward increased revenue and net income growth objectives for 2009. I believe the recent trading volume and share price increases are a combination of an overall optimistic outlook for the technology sector as represented in the 2009 Global Fortune 500 list and the result of the Company's ongoing initiative to improve the visibility of its revenue and net income growth. Even with the recent increased share price, I still consider China Crescent's current share price to be highly discounted. The Company recently announced a suggested fair value price per share of $0.30. With my optimism for China Crescent, I also remind everyone interested in investing in any early stage company quoted on an over the counter market to review that company's public filings to fully understand not only the potential value of purchasing shares at discounted prices, but also to evaluate the various risks associated with such an investment."

The Company has released an on-demand Webcast to review the expected doubling of net income in 2009 compared to 2008. The Webcast includes a review of Company's increased year-to-date sales compared to last year's sales. The presentation also includes a preview of the anticipated positive 2nd quarter results and an update of the suggested fair value target price per share of $0.30 originally presented in a Webcast on May 13th (the original Webcast is available on the Company's website at http://www.newmarkettechnology.com/webcast_ccse_20090513.htm).

A link to today's Webcast titled '2009 Net Income Objective and Suggested Fair Value Target PPS Potential Webcast (July 9, 2009)' is available on the Company's website under Webcasts at: http://www.newmarkettechnology.com/about-newmarket-china.htm.

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oldseven
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Wild ride here today. Open at .06, High of .075. Closes at .04. After hours back up to .068

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Only ONE good stock away from retirement!

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gumzsa
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definetly not happy with how it dipped today. thought it had a real chance to hit .10 but way to much bid whacking today.
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mazzulla
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dude there is one guy i heard of that had averaged down from like.07 to .02 that had like close to 3 million shares. so there is going to be people ready to get out. that aside 30 million in volume that one day and the price only goes to .06-+ .. that worries me abit. just be care ful with this one gl

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scared money never wins

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Smash
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HUGE NEWS!!! ON THE MOVE

China Crescent Enterprises, Inc. Announces Smartphone and Mobile Computing Strategy to Expand $40 Million Annual Revenue Footprint in China
4 minutes ago - Market Wire

CCTR 0.04 29.03%

As of 9:59 AM ET 7/15/09
China Crescent Enterprises, Inc. (OTCBB: CCTR) today announced launching a strategy to deliver software solutions to the smartphone and mobile computing market in China. The Company recently announced a partnership to localize and market the proprietary solutions of a North American mobile security software firm. That software firm is currently part of a larger smartphone and mobile computing software roll up. Today, the roll up company, NuMobile Inc., announced a corporate name change that represents a milestone event in its overall strategy to build a portfolio of software solutions for the smartphone and mobile computing market. China Crescent is NuMobile's exclusive partner in China. NuMobile has already announced a contract with the National Guard as a result of early sales efforts in North America. The Chinese mobile market opportunity is substantially larger than the North American opportunity.
Look for more details on the NuMobile partnership and smartphone and mobile computing software strategy in the near future.
Corporate E-mail Updates
To be added to China Crescent's e-mail database to receive company updates or to obtain more information on the Company, please send an e-mail to ir*chinacrescent.com or call 214-722-3065.
About China Crescent Enterprises, Inc. (http://www.chinacrescent.com/)
China Crescent Enterprises, Inc. reported over $40 million in profitable Revenue in 2008. The Company is a technology leader in the rapidly developing Chinese market specializing today in software engineering, high quality software development and digital multimedia outsourcing services delivered to customers globally. At the same time, the firm is a systems integrator and value added reseller of major global hardware brands in the Chinese domestic market.
Headquartered in Dallas with operations in Shanghai and Beijing, China Crescent bridges the gap between Western and Eastern business cultures to assist Western clients in realizing the advantages of the high quality, low cost technology products and services available from China. China Crescent also assists Western clients in localizing products and services to realize the tremendous growth potential available by expanding into the Chinese Market.

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oldseven
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Up 40%

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Only ONE good stock away from retirement!

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oldseven
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Webcast July 21st to Review Smartphone and Mobile Computing Strategy

DALLAS, TX -- (Marketwire) -- 07/16/09 -- China Crescent Enterprises, Inc. (OTCBB: CCTR) today announced an on-demand Webcast scheduled for Tuesday, July 21, 2009 to review the Company's recently announced strategy to deliver software solutions to the smartphone and mobile computing market in China. The presentation will include an overview of the product offering and the market opportunity. According to IDC, the worldwide mobile phone market reached a new milestone at the close of 2006 with more than one billion units shipped worldwide over the year. The demand for mobile software applications is being driven in large part by the growing penetration of mobile phone sales into emerging economies that currently do not have substantial access to the Internet via desktop computing. With smartphone manufacturers such as Research In Motion, the maker of the Blackberry and Apple, maker of the iPhone, realizing year-to-date share price increase of over 60%, the Tuesday presentation will also include a review of China Crescent's suggested fair value target price of $0.30 per share.

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Only ONE good stock away from retirement!

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oldseven
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China Crescent Enterprises, Inc. Anticipates Buy-In to Cover Possible Short Sales and Potential Price per Share Increase in Reaction to Reg SHO Threshold Security Listing
Webcast July 21st to Review Strategy to Reach $0.30 Suggested Fair Value Target PPS

DALLAS, TX -- (Marketwire) -- 07/20/09 -- China Crescent Enterprises, Inc. (OTCBB: CCTR) today announced the Company was listed on the Regulation SHO "threshold security" list after the close of trading Friday, July 17, 2009. Management anticipates a possible buy-in that could result in an increased share price.

Regulation SHO Listing Indicates Stock May Have Been Sold Short

Regulation SHO is intended to provide a regulatory framework governing short selling of securities. Regulation SHO is designed, in part, to fulfill several objectives, to include establishing uniform locate and delivery requirements in order to address problems associated with failures to deliver and potentially abusive "naked" short selling (i.e., selling short without having borrowed the securities to make delivery).

See the following link for more information:

http://www.nasdaqtrader.com/trader.aspx?id=RegSHOThreshold

A Buy-In and Increased PPS May Result to Cover Possible Short Sales

China Crescent has been added to the threshold security list because a number of stock sales have been transacted but the actual shares have not been delivered. The number of failures to deliver has exceeded the Regulation SHO guidance. China Crescent will remain on the threshold security list until the specified level of fails has not exceeded the Regulation SHO standard for five consecutive settlement days. Any failure to deliver that has resulted from a "naked" short sale may result in a corresponding stock purchase to cover the short position. Stock purchasing to cover short sales can add to the ordinary demand for stock purchases and correspondingly contribute to an increased price per share.

Webcast July 21st to Review Strategy to Reach $0.30 Suggested Fair Value Target PPS

An on-demand Webcast is scheduled for Tuesday, July 21, 2009 to review the Company's recently announced strategy to deliver software solutions to the smartphone and mobile computing market in China enhancing the potential to reach a suggested fair value target PPS of $0.30.

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Only ONE good stock away from retirement!

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