ChinaHongXing
CHINA HONGXING’S 1HFY2007 NET PROFIT JUMPS 110.3% TO
Tuesday, August 7th, 2007Extracted from China Hong Xing’s 1H2007 press release.
Turnover rose 42.6% to RMB898.9 million driven by an extensive advertising
promotion campaign and sponsorships
Gross profit margin improved from 33.8% in 1HFY06 to 42.0% in 1HFY07 due to
higher selling prices, change in product mix and greater economies of scale
Net profit climbed 110.3% to RMB168.8 million on the back […]
China Hong Xing 1H07 Results Date
Sunday, August 5th, 2007I’ve contacted China Hong Xing’s investor’s relation office, and found out that they are due to release their 1H07 Results on the
China Hong Xing, ripe for a rebound
Thursday, August 2nd, 2007China Hong Xing’s stocks has been badly hit by the recent correction.
China Hong Xing’s stocks started its fall on 18th July 2007, the same day the STI started showing its weakness.
The Falling Market
Wednesday, August 1st, 2007The current market thrend is making people like me look stupid. Extremely stupid.
Here I am preaching investment for the long term.
It was just yesterday that I recommended readers to buy shares they have been eyeing for a long time, while they have a relatively cheap valuation.
So what now. I’ve no change in my recommendations. if […]
China Hong Xing, Bargin alert!
Monday, July 23rd, 2007Its crazy. People are selling China Hong Xing for no apparant reason.
If there is a stock you want to bargin hunt, my number 1 pick is China Hong Xing. At current levels of $0.915, that is almost 50% of the new target prices from ALL analyst houses. Thats a 100% gain if the target price […]
STI opens higher, indicating possible recovery
Thursday, July 19th, 2007The STI is up 12 points on opening, indicating a possible market recovery today, after a horrible 1.8% sell off yesterday.
Several stocks that have been recommended on Worldbestportfolio.com has fallen to relatively low levels. So if you’re in the mood for bargain hunting, its probably a good time to buy the following stocks.
Update: China Hong Xing
Sunday, July 15th, 2007To give you the warm fuzzy feeling China Hong Xing’s Erke is marketing themselves still.
A video of their Erke brand.
Review: China Hong Xing
Thursday, June 21st, 2007China Hong Xing recently had their stock split 5 for 1. Which means if i had bought 10 lots at $2.56, I would have 50 lots at $0.512 each.
And on the 7th May 2007, China Hong Xing released an impressive Q1 2007 results. Turnover grew 62.9% and Net Profit grew 161.9% and EPS grew from […]
Review: China Hong Xing
Sunday, March 11th, 2007China Hong Xing saw a 59% growth in revenue, with a increase in 85.5% for its gross profit. EPS increased 31.7% for FY06.
China Hong Xing has attributed the increase in sales to its advertising and promotion campaign for major sporting events in China. The company has recently launched its new “Ground Shock-damping System” in April […]
Buy: Ching Hong Xing
Monday, January 29th, 2007China Hong Xing deals with sporting equipment in China. They own two brands, namely China Hong Xing Sporting Equipment and Li Ning. They have recently won a sponsorship contract with the South Koreans for their Olympics campaign.
China Hong Xing’s profit growth has been increasing steadily, and at an increasing rate over the last 2 years. […]