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Senior Trader
![]() Join Date: Sep 2009
Location: New Yorkville
Posts: 148
Favorites: LPIH, OPRN, HL
Rep Power: 20
Reputation: 241 ![]() ![]()
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![]() China Information Security Technology Announces a Record $36.73 Million in Newly Signed Contracts in the Fourth Quarter of 2009 and Update on Huipu SHENZHEN, China, Jan. 14 /PRNewswire-Asia-FirstCall/ -- China Information Security Technology, Inc., (Nasdaq: CPBY) ("CIST" or the "Company"), a leading total solutions provider of digital security, geographic information, and hospital information systems in China, today announced that its newly signed contracts in the fourth quarter of 2009 were valued at a record high of approximately US$36.73 million, an increase of over 22%, compared to the contracts signed during the third quarter of 2009, and an increase of 30% compared to the fourth quarter of 2008. During the fourth quarter of 2009, the Company won contracts from clients in 19 provinces and provincial cities in China out of its current market presence in 32. Some important contracts secured in the fourth quarter included: -- $10 million contract for Phase III of the Shenzhen Residence Card Information Management System; -- $2.3 million contract for the GIS Display System for Shanghai Zhiying Electronics Co., Ltd.; -- $1.8 million contract for the Police-use GIS for Hainan Province Public Security Department; -- $1.3 million contract for the Haikou City Medical Emergency Rescue Center Consolidated Command System; -- $0.5 million contract for the Geographic Information Public Service Platform for the Shanxi Province Geographic Information Center; -- $0.6 million contract for the Shenzhen Maternal and Child Health Hospital Data Sharing and Exchange Service Platform. Of this quarter's contracts, excluding those of Huipu, 56% were for the Company's Digital Information Security Technology ("DIST") products, 39% were for its Geographic Information Systems ("GIS") products and 5% related to its Digital Hospital Information Systems ("DHIS") products. Management expects that the majority of these contracts will be recognized as revenue in 2010. Mr. Jiang Huai Lin, Chairman and CEO of the Company, commented, "We are very excited about our record high contract wins in the fourth quarter. The momentum we have been gaining this year from the increased bidding and spending activities of our local governmental customers has repeatedly pushed our contract wins to new record highs each quarter. We believe that this constant growth reflects further customer recognition of the quality of our industry-leading solutions in our core business segments: DIST, GIS and DHIS, all of which have experienced strong growth this quarter. We are particularly pleased with the large contract win from the Shenzhen Municipal Government, who has awarded us with contracts for all three phases of the Shenzhen Residence Card Information Management System project, which we believe reflects the degree of satisfaction and trust they have in us and the work that we have done for them. We expect that these contract wins and the level of our past performance will provide us with a competitive edge as we continue to grow our business throughout China." The Company has also provided an update on Huipu Electronics (Shenzhen) Co., Ltd. ("Huipu"), which CIST recently acquired. Huipu manufactures four key products: All-In-One PC & TVs, All-In-One Computers, LCD Monitors with SmartTouch, and LCD Multiple Screen Combination Wall Panels. Huipu's OEM and Huipu-branded LCD monitors have been disposed of as the Company continues to integrate Huipu into its business and operations. Mr. Jiang Huai Lin added, "We continue to feel optimistic about the growth prospects for Huipu Electronics. We believe that its high-end hardware capabilities and respectable market share will enhance the growth of our software business. As a result of our record high contract wins and the addition of this new acquisition, we remain very confident in our ability to achieve our financial goals for 2009 and 2010." Source: http://finance.yahoo.com/news/China-...html?x=0&.v=54 Happy Trading |
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Senior Trader
![]() Join Date: Sep 2009
Location: New Yorkville
Posts: 148
Favorites: LPIH, OPRN, HL
Rep Power: 20
Reputation: 241 ![]() ![]()
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![]() Happy Trading |
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Junior Trader
![]() Join Date: Jan 2010
Location: Chicago
Posts: 2
Favorites: CCME, AYSI, HDVY
Rep Power: 2
Reputation: 10
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CCME has definite potential still, I have been in with the warrants since they were a dollar and am loving the return, I'm currently converting the warrants to the common since they expire jan 26 or 29th I cant remember. The common has easy potential to get to 20 easy and possibly even 30. I've been lurking your posts for a bit and really liked LPIH but I never got into it and I'm disappointed I never did.
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Senior Trader
![]() Join Date: Sep 2009
Location: New Yorkville
Posts: 148
Favorites: LPIH, OPRN, HL
Rep Power: 20
Reputation: 241 ![]() ![]()
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I am glad that you find some value with my posts and i also appreciate your views on CCME. I was doing a little chart work on LPIH and came up with this. ![]() This is still a Bullish story. Their new facility is up and running -- and I am eagerly waiting to here concrete news on how its doing. Uplisting is also something that I believe will be resolved this year. Lately, it has been running up for 4-5 days, then consolidating back to the 20 EMA. Give it one more Q and then there will be no looking back IMHO. Happy Trading |
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Junior Trader
![]() Join Date: Jan 2010
Location: Chicago
Posts: 2
Favorites: CCME, AYSI, HDVY
Rep Power: 2
Reputation: 10
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I'll take a better look this week to see if I decide to get into LPIH. I just have a decent amount tied to GRVY and that hasn't met my expectations but don't want to give up on it yet since it has very solid financials with a good cash position with 2 dollars of cash per share, and on top of that makes money of their products.
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Junior Trader
![]() Join Date: Jan 2010
Location: USA
Posts: 1
Rep Power: 2
Reputation: 10
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seriously , it may take to the strong consideration , i will try with my next trade
__________________
stock market guide |
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Senior Trader
![]() Join Date: Sep 2009
Location: New Yorkville
Posts: 148
Favorites: LPIH, OPRN, HL
Rep Power: 20
Reputation: 241 ![]() ![]()
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![]() Source: ZHENGZHOUSHI SHENYANG SCIENCE & TECHNOLOGY CO.,LTD-[Investors_Management,Reports,Statements] ZSTN We are principally engaged in supplying digital and optical network equipment to cable system operators in the Henan Province of China. We have developed a line of internet protocol television ("IPTV") set-top boxes that are used to provide bundled cable television, Internet and telephone services to residential and commercial customers. We have assisted in the installation and construction of over 400 local cable networks covering more than 90 municipal districts, counties, townships, and enterprises. Our services and products have been recognized with various certifications, including "integrated computer information system qualification class III" issued by the Ministry of Industry Information, "communication user cable construction enterprise qualification" issued by the Henan Province Administration of Communication, "Henan Province Security Technology Prevention Engineering Qualification Class III", a certificate of "ISO9001: 2000 Quality System Authentication", and "Double High" certification, high-tech product and high-tech enterprise issued by the Henan Province government. At present, our main clients are broadcasting TV bureaus and cable network operators serving various cities and counties. We have over 30 main customers, including the broadcasting TV bureaus and cable network operators of the cities of Nanyang, Mengzhou, Xuchang, Pingdingshan, Kaifeng, Zhoukou and Gongyi, and the counties of Yuanyang, Luoning, Neihuang, Yinyang, Xixia, Kaifeng, Nanzhao, and Gushi. ZSTN’s revenues for the nine months ended September 30, 2009 grew nearly 71% year-over-year to $70.1 million with diluted earnings per share of $0.60. Aside from supplying an IPTV product, ZSTN is diligently expanding into new product areas. In 2009 the company launched a new line of business manufacturing, selling, and providing services for a global positioning satellite (GPS) system. GPS represents an underpenetrated market in China, with less than 10% of motor vehicles carrying GPS, compared to 20%-60% in developed nations. ZSTN will target fleet vehicles for its GPS units and offers a 24/7 call center to handle service and support. ZSTN has already signed its first GPS contract with Xing Yang Security Service for 4 million RMB or approximately $585,000 USD, plus 0.5 million RMB each year for continued service. The GPS business line should have immediate impact on revenues due to a higher margin revenue stream. The company also intends to negotiate a reseller agreement with China Unicom in order to sell its GPS units at China Unicom retail stores, thus receiving another share of subscriber revenue. ZSTN’s business lines represent the future of China’s technology adoption. A new high margin GPS product coupled with a dominant position in the Henan IPTV Set-Top box market has research analyst Amit Dayal of Rodman and Renshaw initiating coverage of ZSTN with a market outperform rating and $14 price target. Currently trading at a P/E of less than 10x we expect the stock to gain momentum when Q4 numbers are released giving us a first glimpse into the effect of GPS sales on the company’s financial results. Happy Trading |
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Senior Trader
![]() Join Date: Sep 2009
Location: New Yorkville
Posts: 148
Favorites: LPIH, OPRN, HL
Rep Power: 20
Reputation: 241 ![]() ![]()
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![]() Happy Trading |
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Senior Trader
![]() Join Date: Sep 2009
Location: New Yorkville
Posts: 148
Favorites: LPIH, OPRN, HL
Rep Power: 20
Reputation: 241 ![]() ![]()
|
![]() Happy Trading |
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Senior Trader
![]() Join Date: Sep 2009
Location: New Yorkville
Posts: 148
Favorites: LPIH, OPRN, HL
Rep Power: 20
Reputation: 241 ![]() ![]()
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![]() ![]() ![]() ![]() ![]() ![]() ![]() Source: CHINA BAK BATTERY INC - FORM 8-K - EX-99.1 - February 9, 2010 -------------------------------------------------------------------------------------------------------------------------------------------- ![]() CSGJ Article: China Shuangji Cement, Ltd. Engages Sichenzia Ross Friedman Ference LLP as Corporate Counsel China Shuangji Cement, Ltd. Engages Sichenzia Ross Friedman Ference LLP as Corporate Counsel Happy Trading |
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