View Full Version : Chdt 2100% - looking for a double on this
chinaman711
05-11-2006, 11:40 AM
CHDT reports monday and with the 2100% increase in revenues should have a great cc imo. Im looking for a double on this 1 good luck---------------COOPER CITY, FL--(MARKET WIRE)--May 11, 2006 -- China Direct Trading Corp. (OTC BB:CHDT.OB - News) today announced that China Direct senior management will host an investor teleconference to discuss first quarter 2006 results and update investors on current corporate and subsidiary initiatives on Monday, May 15th at 10:00 AM Eastern Time.
To participate in the call, the dial-in number is (712) 580-6300, then enter access code 1076491 and push the pound (#) key. A replay of the call will be available for two weeks and will be accessible at (641) 985-5000, access code 1076491#. A replay of the call will also be available from the www.chdt.us web site one day following the call.
If investors have questions they would like addressed on the conference call, they may email their questions, in advance, to rich@chdt.us.
China Direct recently announced revenue growth in Q1 2006 of 2100 percent over the corresponding first quarter of 2005. The company has made significant progress in its strategic plan for 2006, acquiring and integrating Complete Power Solutions, driving testing and anticipated future acceptance of their line of imported ceramic roof tiles and as announced on Monday of this week, the startup of a company-owned propane distribution business with which to directly serve the energy needs of the company's generator clients.
About China Direct
Hanger
05-11-2006, 02:12 PM
Are they reporting before market...I was looking and couldnt find a time?
NEVERMIND-Found it
Prodigy
05-11-2006, 02:32 PM
I'm thinkin' of gettin' in on this one (CHDT) as well, but my only concern would be the fact that it ran as soon as the projected revenues were announced on May 1, so it's somewhat peaked IMO, am I wrong here? On the flip side, of course it could go much higher when these projected revenues are made official! Cman, what do you think? Forgive me, for I don't know much about this stock.
TIA,
Prod
Hanger
05-11-2006, 02:38 PM
I am looking for something here, and found this- like this paragraph....
China Direct recently announced revenue growth in Q1 2006 of 2100 percent over the corresponding first quarter of 2005. The company has made significant progress in its strategic plan for 2006, acquiring and integrating Complete Power Solutions, driving testing and anticipated future acceptance of their line of imported ceramic roof tiles and as announced on Monday of this week, the startup of a company-owned propane distribution business with which to directly serve the energy needs of the company's generator
clients
There was a paragraph that I did not like the wording of it, but cant seem to find it now...o well....
chinaman711
05-11-2006, 03:04 PM
Prodigy imo the stock is cheap and it is down from .068 from the other day when the 2100% news came out. I would think when the news of earnings come out on monday that it would at least test .068. I think it may do alot more and is a keeper as china grows. Im have been adding today and may sell some monday if it runs. Good luck
Prodigy
05-11-2006, 03:23 PM
Cman, what's goin' on with STTK?? It looked promising on Tuesday and then dipped after the $100 Mil lawsuit news against StockLemon. Do you expect this stock to recover? Also, is STTK a good short term play, long term play or both? TIA!
Cheers bud,
Prod
chinaman711
05-11-2006, 03:41 PM
I will be selling sttk on the next run up. They better come out with some good news soon
aiki14
05-11-2006, 04:00 PM
I have a lot into this, I keep putting in more each time they pull back, I have done as much DD as I can and keep coming up positive. Took a bit off the table at .058 and put it all back in at .046. I listen to the interviews with the CEO and try to track down every bit of news and I keep coming up positive, so god damn it this better pan out :wink:
Good luck to all on the ride. Nice to see it having a good run today with the broader markets taking a big hit as well.
Prodigy
05-12-2006, 02:54 PM
Cman, in regards to CHDT, are you lookin' for a double from the current price of $0.052? If so, $0.1 is your expected price target, give or take a little?
TIA,
Prod
Luc1Grunt
05-12-2006, 03:01 PM
Nice Poppy Aiki.
chinaman711
05-12-2006, 03:35 PM
Im looking for a 2 or 3 bagger and i have been buying all morning at .052. This little chinese company looks to good to be true with revenues up 2100% and the earnings report coming out monday. I sure hope it takes off monday as i need to make up for the last 2 days : ( Keep an eye on GSPG too i can't believe it has not run yet.
Hanger
05-12-2006, 03:37 PM
chinaman-
Have you noticed its taking a looong time to fill standard orders today?
Just want to see if its across the board or e-trade screwing me again.
Thanks
Prodigy
05-12-2006, 03:43 PM
Im looking for a 2 or 3 bagger and i have been buying all morning at .052. This little chinese company looks to good to be true with revenues up 2100% and the earnings report coming out monday. I sure hope it takes off monday as i need to make up for the last 2 days : ( Keep an eye on GSPG too i can't believe it has not run yet.
I'm with ya on this one Cman, I think it will definitely run on Monday! This company seems like it's on the right track and growing, let's hope everything goes as expected for next week.
*Possible run here into the close anticipating an excellant increase (2100%) in revenues for first quarter '06.
Prod
Hanger
05-12-2006, 03:49 PM
Ask sitting at .0539 definately a good sign, seemed stuck at .0520 for most of today.....Woo, I am excited with this one!
Prodigy
05-12-2006, 03:51 PM
Ask sitting at .0539 definately a good sign, seemed stuck at .0520 for most of today.....Woo, I am excited with this one!
Yes, definitely a good sign, looks to be creepin' up into the last hour of trading! Monday should be very interesting.
Prod
chinaman711
05-12-2006, 03:59 PM
I hope it takes out the day high going into the close and i hope their profits were up big like their revenues were : )
Prodigy
05-12-2006, 04:04 PM
I hope it takes out the day high going into the close and i hope their profits were up big like their revenues were : )
CHDT = To the moon ;)
Cheers bud,
Prod
Prodigy
05-12-2006, 04:09 PM
Here we go boys!
0.054(Bid) x 0.055(Ask)
Prod
chinaman711
05-12-2006, 04:10 PM
I hope this baby goes to a qtr. if so you won't see me for a month or 2 : )
Prodigy
05-12-2006, 04:14 PM
I hope this baby goes to a qtr. if so you won't see me for a month or 2 : )
lol... I'm guessin' you have a large amount of shares then? I only bought 10k shares at 0.0511, most of my coin is tide up in other big long term plays. I hope you get your wish bro!
*Watch PLNI, SPZI & RSHN in the coming weeks, it's gonna get crazy dude, IMO!
Cheers.
Hanger
05-12-2006, 04:24 PM
I hope this baby goes to a qtr. if so you won't see me for a month or 2 : )
If it goes qtr.....then dam, I might just owe you a few cocktails. Then maybe you will finally stop getting PMs from me lmao........new HOD lets keep it up
chinaman711
05-12-2006, 04:25 PM
Yep i sold some oil stocks and loaded up on CHDT : )
Prodigy
05-12-2006, 04:27 PM
0.057(Bid) x 0.058(Ask)
Lookin' great! If it closes at HOD, we may have a gap up on Monday!
Prod
chinaman711
05-12-2006, 04:51 PM
.06 would be nice : ) close
Hanger
05-12-2006, 04:53 PM
.06 would be great-considering 52 wk high is just a skip away from there
EDIT- There was .06 YAY
chinaman711
05-12-2006, 04:57 PM
Well it has 3 minutes to get that .06
chinaman711
05-12-2006, 04:59 PM
Sweet now lets hope they come thru on monday : )
Hanger
05-12-2006, 05:05 PM
I don't really see how they can't....from the PR these generators have picked up..should be solid...dam I hope so lol
Prodigy
05-12-2006, 05:07 PM
Monday will be very interesting, gap up? TO THE MOON BOYS!
Have a good weekend ya'll.
Cheers,
Prod
Hanger
05-12-2006, 05:09 PM
Looks like its just the 3 of us on this one.......thats cool..
You too Prod- Looking forward to seeing your avatar on Monday morning....did that come out right? LMAO
aiki14
05-12-2006, 05:17 PM
HOT DAMN!!! The markets going to hell, even oil down, but the weekend is going to be rocking cause I got CHDT. Tell the Scotch Malt Whisky Society to put aside a case or two and wait for my call. :lol:
Prodigy
05-12-2006, 07:21 PM
CHDT = KABOOM!
Cheers boys,
Prod
Prodigy
05-13-2006, 10:35 AM
BUY CONFIRMED by AmericanBulls.com!
http://www.americanbulls.com/StockPage.asp?CompanyTicker=CHDT&MarketTicker=OTC&TYP=S
Prod
Prodigy
05-13-2006, 10:39 AM
barchart.com opinion (100% Buy) for CHDT:
http://quote.barchart.com/texpert.asp?sym=CHDT
Prod
gatorboy2424
05-13-2006, 10:57 AM
ill be in !
chinaman711
05-13-2006, 11:47 PM
The cc starts at 10am monday this looks like a great l/t play imo. Time will tell
Prodigy
05-15-2006, 09:54 AM
I expect CHDT gonna rock today!
Cheers boys,
Prod
aiki14
05-15-2006, 09:56 AM
#'s just out
1229% increase in revs
1q net income 45k vs 4q net loss 85k
this should be another good day for CHDT
Prodigy
05-15-2006, 09:58 AM
China Direct Trading Corporation Reports First Quarter FY2006 Results
Monday May 15, 8:47 am ET
Q1 FY2006 Revenue Increases 1229% Over Q1 FY2005 Results On Cash Basis; Total Generator Contract Sales Orders In Q1 FY2006 Hit $4,219,220
To the moon boys!
Prod
Hanger
05-15-2006, 10:09 AM
Thats a nice number for us.....definately what I was expecting here.....lets enjoy this one guys!
aiki14
05-15-2006, 10:12 AM
Buy/ Asks going up now, gonna gap up. Fuse is Lit.
chinaman711
05-15-2006, 10:12 AM
Sweet this is a great l/t play iYahoo! My Yahoo! Mail Make Yahoo! your home page
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Press Release Source: China Direct Trading Corp.
China Direct Trading Corporation Reports First Quarter FY2006 Results
Monday May 15, 8:47 am ET
Q1 FY2006 Revenue Increases 1229% Over Q1 FY2005 Results On Cash Basis; Total Generator Contract Sales Orders In Q1 FY2006 Hit $4,219,220
COOPER CITY, FL--(MARKET WIRE)--May 15, 2006 -- China Direct Trading Corp. (OTC BB:CHDT.OB - News) today announced results for the Q1 FY2006 ended March 31, 2006, and the filing of its Form 10-Q quarterly report for Q1 FY2006.
ADVERTISEMENT
Revenues increased to $2,511,809 from $204,354 (Q1 FY2005), or 1229%, primarily due to sales by our Complete Power Solutions, LLC majority-owned subsidiary.
Total sales orders reached $4,409,783 in Q1 FY2006, of which $2,511,809 could be recognized under applicable GAAP as Q1 FY2006 revenues.
Net income rose to $42,718 versus a loss of $(85,768) (Q1 FY2005). This discussion should be read in conjunction with the Form 10-Q for the period ended March 31, 2006 and with the Condensed Consolidated Financial Statements and accompanying notes and with our Annual Report on Form 10-K for the year ended December 31, 2005.
"China Direct is in an exceptionally stronger financial position now than in FY 2005 -- revenues are growing at an accelerating rate, our cash position is solid, and receivables are growing with final generator delivery and contract completion," said Howard Ullman, CEO/President of China Direct. "In Q1, we had much higher costs in association with completing the acquisition of CPS and we will continue to strive to drive cost efficiencies to hasten increased profitability. Based on current sales, we expect to see a continuing acceleration of generator sales activity through the second quarter of FY2006."
China Direct is hosting an investor teleconference to discuss first quarter 2006 results and update investors on current corporate and subsidiary initiatives on Monday, May 15th at 10:00 AM Eastern Time. To participate in the call, the dial-in number is (712) 580-6300, then enter access code 1076491 and push the pound (#) key. A replay of the call will be available for two weeks and will be accessible at (641) 985-5000, access code 1076491#. A replay of the call will also be available from the www.chdt.us web site one day following the call
mo------------------------------------------
Prodigy
05-15-2006, 10:25 AM
Cman, we're flyin' here bro, should be a great day!
Prod
Hanger
05-15-2006, 10:29 AM
might be a chasing day for all the people that were waitin for today to get in..........the fuse is lit, takeoff is momentarily
Hanger
05-15-2006, 10:54 AM
hmmmm hope that isnt the peak at .073 lol
Prodigy
05-15-2006, 10:58 AM
The dip is expected, but I say we go higher today! It's only been 30mins, we can expect this stock to continue to move up throughout the day, minus a few dips IMO.
Prod
Hanger
05-15-2006, 11:06 AM
O yea, depending on volume, I am thinking it could be a good 2-3 days, but don't plan on holding it on that long, depending how today goes...
Prodigy
05-15-2006, 11:34 AM
Up we go!
Prod
chinaman711
05-15-2006, 11:49 AM
If .06 holds then we are going higher imo Watch CHMD another chinese play at .11 it could run too
Prodigy
05-15-2006, 11:52 AM
If .06 holds then we are going higher imo Watch CHMD another chinese play at .11 it could run too
CHDT is lookin' strong Cman!
Prod
chinaman711
05-15-2006, 12:04 PM
It sure is looking strong as it usually sells off on news. Remember the roofing tiles news should be out soon and this will be huge imo. They might give an update in the cc who knows. Last i heard the tiels will be selling in june in florida. Good luck
Hanger
05-15-2006, 12:08 PM
Crap....Misread the CC time, anyone listen to it?
chinaman711
05-15-2006, 12:13 PM
I missed it too as i was too busy trading. Watch BLDH next few days could go imo
Hanger
05-15-2006, 01:10 PM
.03 spread now.....hmmmm
Prodigy
05-15-2006, 01:14 PM
Why sell? Unbelievable, bunch of morons. This stock will be $0.1 soon, especially if the company keeps progressing like this IMO! We go higher then HOD by Friday!
Prod
Hanger
05-15-2006, 01:15 PM
Yea, I cant believe the amount of selling.......unless these are still people that were in before they even announced the 2100% revenue growth 2 weeks ago....
Prodigy
05-15-2006, 01:19 PM
Yea, I cant believe the amount of selling.......unless these are still people that were in before they even announced the 2100% revenue growth 2 weeks ago....
That's what I'm thinkin' as well, but this amount of selling is unreal considering how good first quarter was! I believe we will see this stock continue to rise in the coming weeks. I'm hearing the cc was also very good!
Prod
chinaman711
05-15-2006, 02:24 PM
I just gave it a push back up at .0565 see what happens as i like this 1 l/t. Also added to TLPE
Prodigy
05-15-2006, 02:54 PM
It seems we have support at $0.056, I think we run into the close and hopefully we get a PR sometime this week, I believe we will be higher than the HOD by Friday!
JMO,
Prod
chinaman711
05-16-2006, 01:23 PM
CHDT .055 is coming back hope to see a close of .06 in this ugly market.
aiki14
05-16-2006, 02:43 PM
Some serious wackiness going on now, the last three trades were for 100 shares each. That's $5 and $4.80 total! WTF?
chinaman711
05-17-2006, 01:05 PM
When chdt puts out the news on roofing tiles it should get the stock moving again imo. Its doing ok today in this ugly market at .056
chinaman711
05-18-2006, 10:12 AM
CHDT closed at .052 not too bad in a real ugly market. Check out smallcapvoice.com for an interview with the ceo of chdt on their earnings. Sales taking off---bank account 647k in the bank---They are looking for help if you need a job : )----Roofing tiles news coming soon----ceo does not get a paycheck taking stock for the last 3 years----- imo the stock will see .07 again and alot more long term. Good luck
chinaman711
05-19-2006, 12:47 PM
CHDT getting some buys this morning at .052 could run up a little with news coming soon. Good luck
chinaman711
05-22-2006, 08:44 AM
CHDT news out this morning and sales are booming and the roofing tiles won't even be for sale to sometime in june. Looking good imo----------------------China Direct Reports $2.7 Million in April 2006 Generator Sales
Monday May 22, 7:20 am ET
Sales Increase of 41% Over March 2006 Sales
COOPER CITY, FL--(MARKET WIRE)--May 22, 2006 -- China Direct Trading Corp. (OTC BB:CHDT.OB - News) today announced that its Complete Power Solutions (CPS) subsidiary booked generator sales contracts for $2.732 million in the month of April 2006. This represents contracted sales growth of 41% from last month's totals and more than half of 1st quarter 2006 sales.
Actual financial results may vary based on auditor and other adjustments to the final audited SEC-filed financial results. Contracted generator sales represent the face value of generator installation contracts signed during the reported period, final revenue recognition for quarterly reporting purposes is determined by completed generator installations and related receipt of purchase price. The company receives a forty percent deposit upon signing of each generator installation contract, forty percent upon delivery and the remainder upon completion of installation. The default rate experienced during January through April 2006 has been one percent of total contracts.
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