http://thechinaperspective.com/articles/livingonthepig039sback4419/index.html
A few key takeaways....
"New pork processing industry regulations take effect at the start of August. How will these affect your company? We view this as a positive for Zhongpin as the new regulations will definitely speed up the modernization of the pork processing industry in China and encourage the transition from the traditional wet market to modern “dry” market processing. We expect that some processors who cannot meet the national standard will eventually leave the industry and consumers will have better access to safer and healthier pork products. As a leading meat and food processing company that utilizes state-of-the-art equipment and advanced technology in our production, we believe the new regulation will enable us to seize opportunities for further expansion and increase our market share, especially in second and third-tier cities"
"When do you expect to complete your new factories, and how will this increase your total production capacity? The new factory in Luoyang City had already started production at the end of June and the Shangqiu plant will begin operations by the end of the fourth quarter of 2008. These two plants will increase our capacity of chilled and frozen pork to 471,560 metric tons, excluding outsourcing from OEMs, equivalent to a 42% year-over-year growth rate. In September 2008, a new facility in Changge City with 28,800 metric tons of prepared meat will start production, which indicates our capacity will increase 114% to 54,000 metric tons per year after completion. Our annual production capacity of fruit and vegetables will increase by 114% to 56,280 metric tons when a facility in Changge comes on-line by the end of this year."
Dan Ross
http://www.BetterBizIdeas.com/
Showing posts with label BRIC. Show all posts
Showing posts with label BRIC. Show all posts
Wednesday, September 3, 2008
Monday, September 1, 2008
BRIC growth slowing notably?
Brazil, Russia, India and China are called the BRIC countries. These are former "3rd world" economies that are experiencing rapid economic growth, have large populations and have generated some of the largest investor returns in the world for the last 5-10 years.
With occupancy rates in some Indian hotels approaching 60% (at 90% last year) the growth in the hospitality industry is quickly slowing down.
From Business Standard
http://www.business-standard.com/india/storypage.php?autono=332964
"The total number of hotel rooms planned is being cut by 40 per cent and many developers are putting their portfolio on sale due to the decreasing business traffic, rise in interest rates and economic slowdown. Nearly 50,000 hotel rooms were planned in the country and that number may not be built by developers as business traffic has fallen 30 per cent in the last couple of months and lending rates for developers have increased significantly"
Dan Ross
http://www.BetterBizIdeas.com/
With occupancy rates in some Indian hotels approaching 60% (at 90% last year) the growth in the hospitality industry is quickly slowing down.
From Business Standard
http://www.business-standard.com/india/storypage.php?autono=332964
"The total number of hotel rooms planned is being cut by 40 per cent and many developers are putting their portfolio on sale due to the decreasing business traffic, rise in interest rates and economic slowdown. Nearly 50,000 hotel rooms were planned in the country and that number may not be built by developers as business traffic has fallen 30 per cent in the last couple of months and lending rates for developers have increased significantly"
Dan Ross
http://www.BetterBizIdeas.com/
Friday, August 29, 2008
Small Cap Returns in August
From http://www.smallcapinvestor.com/
"Small-cap stocks in China posted double-digit losses on average during August, while small caps in India were virtually unchanged in the month through Aug. 25, according to a Press Trust of India report that cited data from Citigroup Global. For the region as a whole, 80% of all Asian stocks posted negative returns, with a median loss of 8.1%."
I'll follow that up by saying I found MANY, MANY chinese stocks that were down 40%-60%. I have noticed quite a few chinese small cap stocks that were posting 100% - 200% growth rates (some organic growth....others through acquisition) slowing their growth rates to 10%-30%. As consolidation in their economy & overall economy are slowing many investors are growing wary of chinese small cap stocks.
I still think there are a TON of good stocks to be found and then traded from time to time. Some should be held for the long-term. I'll be posting a listing of some of interesting finds I have come across in the next few weeks.
Dan Ross
http://www.betterbizbooks.com/
"Small-cap stocks in China posted double-digit losses on average during August, while small caps in India were virtually unchanged in the month through Aug. 25, according to a Press Trust of India report that cited data from Citigroup Global. For the region as a whole, 80% of all Asian stocks posted negative returns, with a median loss of 8.1%."
I'll follow that up by saying I found MANY, MANY chinese stocks that were down 40%-60%. I have noticed quite a few chinese small cap stocks that were posting 100% - 200% growth rates (some organic growth....others through acquisition) slowing their growth rates to 10%-30%. As consolidation in their economy & overall economy are slowing many investors are growing wary of chinese small cap stocks.
I still think there are a TON of good stocks to be found and then traded from time to time. Some should be held for the long-term. I'll be posting a listing of some of interesting finds I have come across in the next few weeks.
Dan Ross
http://www.betterbizbooks.com/
Tuesday, August 19, 2008
Things changing in Macau?? WHOA!
Gaming stocks got pounded today, based on the article below, on news that mainland Chinese will only be able to visit the place twice a year vs. currently allowed to visit the island about 6 times or so per year.
http://biz.yahoo.com/rb/080819/casino_stocks.html?.v=1
This clearly has put a ceiling on the expectations surrounding gaming stocks. MGM Mirage (MGM), Las Vegas Sands (Venetian Owners: LVS) & Wynn Resorts (WYNN) got hammered today. Oh, and that really puts a dent on me going into Melco (MPEL), which I mentioned a few days ago. I think I'll be holding off on investing until all the analysts take their EPS estimates down and downward pressure in the shares slow down.
Dan Ross
http://www.betterbizbooks.com/
http://biz.yahoo.com/rb/080819/casino_stocks.html?.v=1
This clearly has put a ceiling on the expectations surrounding gaming stocks. MGM Mirage (MGM), Las Vegas Sands (Venetian Owners: LVS) & Wynn Resorts (WYNN) got hammered today. Oh, and that really puts a dent on me going into Melco (MPEL), which I mentioned a few days ago. I think I'll be holding off on investing until all the analysts take their EPS estimates down and downward pressure in the shares slow down.
Dan Ross
http://www.betterbizbooks.com/
ABAT takes it on the chin today
A few days ago I commented that I thought ABAT (Advanced Battery Technologies) would likely trend downwards towards $4.00 and then likely $3.75.
Well, I didn't expect it to come so soon! ABAT hit $3.75 today as the stock price gapped down today on negative U.S. PPI data and other weak economic news. While the stock price recovered and closed near intraday highs I think $3.75 levels will be re-tested and I am concerned the stock might make a run through those levels and head to $3.00.
Well, I didn't expect it to come so soon! ABAT hit $3.75 today as the stock price gapped down today on negative U.S. PPI data and other weak economic news. While the stock price recovered and closed near intraday highs I think $3.75 levels will be re-tested and I am concerned the stock might make a run through those levels and head to $3.00.
I have cash going into my trading account (from savings) for such an event. I think that ABAT raised their outstanding shares by 6% but capacity by 165%. Given that the shares were issued near $4.50 and options near $5.50 I am HIGHLY confident re: future potential upside in the shares from today's levels. Nonetheless, I'll be patient and wait.
Why wait? I think the stock market is rolling over and going to re-test lows see in July.
The financials appear to be getting beaten up again on concerns of liquidity again.
Why wait? I think the stock market is rolling over and going to re-test lows see in July.
The financials appear to be getting beaten up again on concerns of liquidity again.
Given all the recent settlements re: auction rate securities and other bond related items such a concern seems logical. I am not sure re: everyone's capitalization but additional bank failures are HIGHLY likely based on what the FDIC has been saying.
Dan Ross
Thursday, August 14, 2008
Great link on stocks that could double in China
http://www.stockpickr.com/problog/856/
Giant Interactive (GA) is on my radar but I have too much capital tied up in Gulf Resources (GFRE.OB) right now to purchase any shares. I agree with their philosophy re: GA. Definitely undervalued......the play is social networking in China + continued game development. It wouldn't surprise me, over the long-term, if most of the value of the company became dominated by their investment in http://www.51.com/, a chinese social networking company.
CPSL is mentioned in the above article as well :)
Giant Interactive (GA) is on my radar but I have too much capital tied up in Gulf Resources (GFRE.OB) right now to purchase any shares. I agree with their philosophy re: GA. Definitely undervalued......the play is social networking in China + continued game development. It wouldn't surprise me, over the long-term, if most of the value of the company became dominated by their investment in http://www.51.com/, a chinese social networking company.
CPSL is mentioned in the above article as well :)
Here are a few charts of CPSL, which was up 9% today on their 2Q EPS announcement. The stock appears to be ready to begin a weekly uptrend, coming out of an oversold condition. The daily charts started ROCKING and ROLLING today on strong volume.
The CEO of CPSL owns 45% of the company so hopefuly his interests are aligned with shareholders :)
Subscribe to:
Posts (Atom)
Posts
