China Armco Metals auf Wachstum eingestellt

Vol / Avg.
1.30M/167,427.00    Dec 29 - Close

der Grund?  Die letzten positiven Meldungen  - # 2 Großaufträge - Umlenken der Regierung - Kaufempfehlung ??? Möglich

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I believe in Carolyn Boone`s story
 

 

Vol / Avg.
2.01M/202,738.00

war heute schon auf usd 4,63  unglaublich ----------augenblicklich + 4.12 +0.71 (20.82%)

hier wird alles weggekauft was drinnesteht

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I believe in Carolyn Boone`s story
 

 

... hier noch ein toppick der letzten Tage. Hier geht es steil nach oben. Auch hier: geringe Aktienzahl und noch geringe MK. Der Weg nach oben ist frei!  

also frei ist der Weg nach oben noch lange nicht. Nun sind die Sanktionen der Stahlindustrie in China ersteinmal gelockert wurden und der Shredder läuft hoffentlich nun ein bissl mehr auf Hochtouren. Lange Zeit stand das Teil doch brach - Kurzarbeit im Betrieb - nund muss das Gras ersteinmal wieder wachsen - also ein steiniger und steiler Weg - mal schauen was wir im Q4 für Zahlen präsentiert bekommen - Bin da noch nicht so zuversichtlich - Der Ausblick für 2011  wird mit Sicherheit positiv ausfallen. Aber das ist er auch für 2010 gewesen und wir Aktionäre wurden bitter enntäuscht - obwohl ich wohl durch diesen Anstieg  auch mit + rausgehen werde.

never mind...................

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I believe in Carolyn Boone`s story 

 

Vol / Avg.
3.12M/202,738.00  19:00Uhr

 

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I believe in Carolyn Boone`s story
 

 

4.13 +0.72 (21.11%) End

Vol / Avg.
3.66M/202,738.00
 

heute war für china armco wohl boxing day.................

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I believe in Caorlyn Boone`s story

 

 

End 4.29 +0.88 (25.81%)

Vol / Avg.
3.90M/202,738.00  Dec 30 - Close

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I believe in Carolyn Boone`s story
 

 

......weiterhin braucht es hier starke Nerven...........

China Armco Metals Inc (AMEX: CNAM) gab bekannt, dass seine Wiederverwertungsmöglichkeit zum ganztägigen betrieblichen Status zurückkehrte, nachdem Regierung die Macht-Beschränkung hebt. 

link: http://www.toonicestocks.com/news/...rend-higher-mbr-btc-anx-cnam-mcz

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I believe in Carolyn Boone`s story

 

Dear Miss Galway,

Target is for mid to late March and we will send out a press release with details of the release date and call one week prior. Thank you. 



Ted Haberfield

泰德 哈勃菲德

Executive Vice President

HC International, Inc.
 

 

14,4 und 5,4 Millonen ------mmhmm------- Ende des Monats kommen dann die Zahlen für 2010 + ein gewohnter Ausblick

jetzt nochmal nachlegen??   Heute für 2,40 USD möglich gewesen - mein Tipp - ist die unterste Schallmauer gewesen -

never mind......... 

 

http://www.thestreet.com/story/11042140/1/...ng-businesses.html 

 

 zu sein -----------ging heute kurz auf 2,25  aktuell bei 2,41  --------Grundlage nun zum Nachkauf????

Sollte jeder selber entscheiden - glaube ja - das die Jahreszahlen 2010 nicht so gut ausfallen - dafür dürfte es einen guten Ausblick geben........

but..........you never mind

 

 

Brazilian Steel Giant Inks Major Metal Distribution Agreement With China Armco 

Habt Ihr nachgekauft???

 

SAN MATEO, Calif., March 17, 2011 (GLOBE NEWSWIRE) -- China Armco Metals, Inc. (NYSE Amex: CNAM) ("China Armco" or the "Company"), a distributor of imported metal ore and metal recycler with a new state-of-the-art scrap metal recycling facility in China, announced today that it has delivered its first shipment of 150,000 metric tons of iron ore, valued at $19.8 million, from Mineracao Usiminas S.A (Usiminas), one of Latin America's largest producer of steel based in Brazil. With a total capacity of 9.5 million metric tons of steel per year, Usiminas' order marks the start of a long term relationship between the two companies. With this agreement concluded at a recent meeting between the management of both companies in Brazil, China Armco becomes the first company to assist Usiminas to export its iron ore to China.

"We are delighted to commence our partnership with international giant steel mills such as Usiminas," said Mr. Kexuan Yao, Chairman and CEO of China Armco. "With the intention of the Usiminas to deliver 3 million metric tons of iron ore in 2011, as well as potentially 20 million metric tons in 2012 to China, we appreciate the confidence and support by the management of Usiminas by executing this agreement. We are pleased with their acknowledgment of our strong capabilities to assist them in reaching their objectives. At the same time, this strategic relationship offers us a strong opportunity to secure our metal distribution position in China while maximizing profitability."

About Mineracao Usiminas S.A (Usiminas):

Usiminas ( BM&F Bovespa: USIM3, USIM5 / NYSE: USNZY / BMAD: XUSIO, XUSI) is one of the largest producers of steel in the Americas, with major steel mills in Brazil with a total capacity of 9.5 million metric tons of steel per year. The Company accounts for 28% of the total steel output in Brazil. Usiminas had approximately US $7.7 Billion in revenues with a net income of approximately US $898 million for the fiscal year ended 2010. For further information, please visit http://eng.usiminas.com/

link: http://www.thestreet.com/story/11049375/1/...nt-with-china-armco.html
 

 

+ 12,77%  - na das tut gut

wer es noch nicht mitbekommen hat ---------

gibt wieder einen neuen Auftrag über 19,8 MIo   ---------Der Laden kommt in Schwung - wurde auch höchste Eisenbahn.............

link: http://www.streetinsider.com/Corporate+News/...ker/6373627.html 

 

in Übersee +0.30 (10.79%) wieder über 3 Dollar.........puhhh  

Der Glaube ist zurückgekehrt..........mal sehen wie lange......

spätestens bis Ende März bei den Zahlen - na ja kann ja auch schon jetzt losgehen -

Sie sagten ja Mitte - bis Ende März - Tippe trotzdem auf Ende.......

but you never mind................. 

 

 

Hallo erstmal Einzelkämpferin (wenn ich das richtig sehe) im Forum für Armco Metals. An dieser Aktie habe ich auch schon mal gedacht, da sind momentan sichere Gewinnaussichten wie bei  NORTH THUNDER BAY MINING (mit angeblichen Gewinnaussichten von 500 % in drei Monaten). Hätte ich die bloß nicht gekauft und vorher mal gut überlegt. Na ja durch schlechte Erfahrungen kann man ja auch lernen. Würde mich freuen wenn sie einige kurze Gedanken über China Armco Metals erwähnen beziehungsweise warum sich hier davon gehe ich aus investiert haben.  

 

 

link: http://steelguru.com/chinese_news/...re_supply_deal/197660.html 

 

na ja - also ersteinmal ist dieser Wert hier riskant und die Firma ist dabei sich zu optimieren.

Diese Woche kommen die Zahlen für 2010 ( ich glaube - keine zu guten )  dafür dürfte der Ausblick  frohe Hoffnungen wecken.

 

Im ganzen - steht das Gerüst  43.23M für avisierte 220 Mio Umsatz und 10% Marge - bei einem Kurs von 2,84 USD aktuell

da kann man schon mal investieren - viiiieeelllll weiter wird es nicht runter -bei ganz schlechten Zahlen vielleicht in die Region bei 2,40 USD und bei guten geht es ja immer 2`stellig nach oben -

Aber 1 1/2 bis 3 Jahre sollte man hier schon dabei bleiben - damit sich die Ernte lohnt.

 

Es sind gute Synergien geschlossen wurden - der Shredder läuft - die Regierung hat die Sanktionen im Hausbau gelockert -

China Armco  möchte auf 400 USD Umsatz wachsen 

also spricht vieles für ein angenehmes Jahr - Wenn da nicht der Reaktor und Lybien + andere Nebenwirkungen auf uns wirken!!!!!!!!!

Also Vorsicht ist geboten - ich glaube an die Bude

Gruß Galway 

 

1.

China Armco Metals, Inc Reaffirms FY 2010 Guidance
Monday, 17 May 2010 07:11pm EDT
China Armco Metals, Inc reaffirmed its fiscal 2010 guidance and expects revenue to exceed $220 million with net income exceeding $12 million.

 

2

China Armco Metals, Inc Lowers FY 2010 Guidance
Friday, 13 Aug 2010 05:01pm EDT
China Armco Metals, Inc announced that it expects revenues for fiscal 2010 to exceed $180 million, with net income exceeding $10 million.

 

3.   Im November wollten Sie dann keinen Ausblick mehr benennen - Also Vorsicht - das werden wohl keine guten Zahlen

      but never mind.............

China Armco Metals, Inc Withdraws FY 2010 Guidance
Thursday, 11 Nov 2010 08:00am EST
China Armco Metals, Inc announced that due to the uncertainties as to the extent and duration of the current power disruptions, management cannot estimate its financial performance for the remainder of fiscal 2010 and is therefore withdrawing its financial guidance for fiscal 2010.


 

 

hier sieht mann noch einmal - wie unglaublich stark das Unternehmen wächst und Gas gibt 

Annual Performance (Audited)
Revenue Net income
2008 $55.4MM $3.33MM
2009 $86.9MM $5.1 MM
 

 

sieht doch ein wenig anders aus ---------- Tippe auf Donnerstag, den 31.

 

 

http://www.faqs.org/sec-filings/110331/...co-Metals-Inc_10-Q.A/ 

 

China Armco Metals Announces Fourth Quarter and Full Year 2010 Financial Results



Metal Recycling Production is Ramping While Company Secures Large Trading Partners



SAN MATEO, Calif., March 31, 2011 (GLOBE NEWSWIRE) -- China Armco Metals, Inc. (AMEX:CNAM) ("China Armco" or the "Company"), a distributor of imported metal ore and metal recycler with a new state-of-the-art scrap metal recycling facility in China, today announced its financial results for its fourth quarter and full year 2010.


SUMMARY FINANCIALS



Fourth Quarter 2010 Results

Q4 2010 Q4 2009 CHANGE
Sales $24.5 million $31.7 million -23%
Gross Profit $0.8 million $3.2 million -76%
Net Income ($1.6) million $3.1 million N/A
EPS (Fully Diluted) (Loss) ($0.11) $0.31 N/A




Full Year 2010 Results

FY 2010 FY 2009 CHANGE
Sales $68.8 million $86.9 million -21%
Gross Profit $2.5 million $8.9 million -72%
Net Income (Loss) ($2.2) million $5.1 million -137%
EPS (Fully Diluted) (Loss) ($0.16) $0.51 N/A



Fourth Quarter of 2010 Financial Results


For the quarter ended December 31, 2010, net revenue decreased 29% to $24.5 million due to the Lianyungang provincial government imposing power restrictions starting in September 2010. China Armco's metal recycling operations were substantially curtailed throughout the fourth quarter of 2010. The power restrictions were lifted starting in January 2011, and as a result the recycling operations have resumed normal production. The Company sold 106,668 metric tons of iron ore through its trading business compared to 157,894 metric tons in the fourth quarter of 2009 at an average price of $153 compared to $94 in the year ago period.


"We made progress during 2010 despite unforeseen industry challenges," said Mr. Kexuan Yao, Chairman and CEO of China Armco. "We finished construction of our state-of-the-art metal recycling production facility and secured new iron ore trading customers. The relationships we are developing with key customers and suppliers worldwide provide a solid foundation in which to grow both of these businesses. As more steel mills in China increase their use of scrap metal to comply with the government's mandate to reduce harmful emissions, we are optimistic in capturing market share while ramping production volumes and associated operating profits."


Gross profit for the fourth quarter of 2010 decreased 76% to $0.8 million, compared to $3.2 million in the fourth quarter of 2009. Gross margin decreased to 3.1%, compared to 10.1% in the same period in 2009.


Operating expenses increased to $1.9 million for the fourth quarter of 2010 from $0.3 million for the fourth quarter of 2009.


Operating income for the fourth quarter of 2010 was a loss of $1.1 million compared to operating income of $3 million in the fourth quarter of 2009.


Net income for the fourth quarter of 2010 was a loss of $1.6 million, or $0.11 per diluted share, compared to $3.1 million or $0.31 per share for the same period last year. Diluted earnings per share was a $0.16 loss and $0.51 for the year ended December 31, 2010 and December 31, 2009, respectively.


Results for the Year Ended December 31, 2010


Net revenues in 2010 decreased by $18.2 million to $68.8 million compared to 2009, primarily due to an approximately $28.5 million decrease in the sale of iron ore, a $7.4 million decrease in sale of iron pellets, a $2.4 million decrease in the sale of chrome ore and a $2.3 million decrease in the sale of coke (charcoal made from coal). The decreases in iron ore sales were attributable to lower demand for these products due to reduced production volumes by Chinese steel and alloy manufacturers that began midway through the second quarter of 2010 and continued through the third quarter. These declines were partially offset by sales $19.1 million of recycled scrap metal from our new recycling operations and an increase in manganese ore sales of $3.4 million.


Gross profit for the full year 2010 was $2.5 million, a decrease of 72% from $ 8.9 million for the year ended December 31, 2009. Gross margins decreased to 3.6% in 2010 compared to 10.3% in 2009, which was attributable to unfavorable pricing conditions during the first half of 2010 and to the energy restrictions imposed in the third and fourth quarters.


Operating expenses of $4.8 million in 2010 increased by $3.1 million, or 182%, over 2009 due to higher selling and general and administrative expenses. Selling expenses increased by $0.71 million mainly due to increased port charges and warehouse fees, which were partially offset by decreases in selling expenses associated with lower volumes. General and administrative costs significantly increased by $2.4 million in 2010 as compared to 2009, primarily related to increases in operating costs relating to increased activities to establish our U.S. corporate office, increases in professional fees, increases in salaries, expenses associated with being a publicly-traded company and stock based compensation costs.


Net loss was $2.2 million for 2010 with ($0.16) in diluted loss per share compared to net income of $5.1 million, or $0.51 per share for the same period last year. Calculations were base using weighted average shares of 13.8 million and 10.1 million for the year ended December 31, 2010 and December 31, 2009, respectively.


Financial Condition


As of December 31, 2010, the Company had $3.1 million in cash and cash equivalents, compared to $0.7 million at year-end 2009. The Company had working capital of $12.2 million and a current ratio of 1.3:1 on December 31, 2010 compared to 5.3 million and 1.2:1 on December 31, 2009. As of December 31, 2010, shareholders' equity was $42.8 million, up from $17.1 million at the end of 2009. The Company received approximately $9.1 million of net proceeds from the sale of 1.53 million shares of common stock and 5-year warrants on April 20, 2010 and an additional $13.2 million through the exercise of outstanding warrants and common stock options.


The Company had a $5.7 million net cash outflow from operations in 2010 compared to a net outflow of $6.9 million in 2009. The Company increased inventories by $9.9 million in the second half of 2010 to take advantage of lower scrap steel prices in anticipation of higher production from its recycling facilities in 2011. Approximately $14.2 million was spent on property, equipment and construction related to its new 1 million metric ton metal recycling production facility in 2010. The company has a long term loan of $8.3 million with Bank of China which $4.5 million is due August 25 of this year. In addition, The company has bank facilities which provide for cash borrowings or the issuance of commercial letters of credit that we require in our operations in the aggregate amount of $87.5 million. Approximately $50.1 million was available under these facilities at December 31, 2010.


Business Outlook


China Armco continues to make steady progress in both its metal trading and recycling businesses. In the fourth quarter of 2010, the Company secured and delivered two orders of iron ore with a combined volume of 42,000 metric tons and an aggregate value of $4.7 million. On March 17, 2011, the Company delivered its first shipment of 150,000 metric tons of iron value valued at $19.8 million from Mineracao Usinimas S.A. ("Usiminas"), one of the largest steel producers in Brazil. The strategic relationship with Usiminas provides China Armco with a significant potential growth conduit as it is the first company to help Usiminas to export its iron ore to China.


The metal recycling business resumed normal operations in January 2011 after the provincial government eliminated power restrictions that were in effect from September to December of 2010. In addition, it has added 6 new metal cutting machines since the beginning of 2011, bringing the total to 18. We expect these machines will allow the Company to reach its designed recycling capacity of one million metric tons per year.


Management began migrating its metal recycling customers to its pre-sold model starting in January 2011. Under this new sales strategy, customers pay China Armco approximately 100% of the total purchase price in advance by issuing a commercial bill from a related bank, thereby locking in a set volume and price. This allows the Company to use the proceeds to pay for raw materials, thereby reducing its working capital needs and providing enhanced visibility into future production volumes. 2 customers have transitioned to the pre-selling model so far, and the Company continues to actively solicit existing and new customers.


Conference Call


The Company will conduct a conference call at 5:00 p.m. ET on Thursday, March 31, 2011. To attend the call, please use the dial-in information below. When prompted, ask for the "China Armco Metals call" and/or be prepared to provide the conference ID.

Conference Call

Date: Thursday, March 31, 2011
Time: 5:00 p.m. Eastern Time, US
Conference Line Dial-In (U.S.): 1-877-407-9210
International Dial-In: 1-201-689-8049
Conference ID# 370152: CNAM 2010 Earnings Conference Call
Webcast link: http://www.investorcalendar.com/IC/CEPage.asp?ID=163956



The playback of the webcast can be accessed until July 31, 2011. To access the webcast, you will need to have the Windows Media Player on your desktop. For the free download of the Media Player, please visit: http://www.microsoft.com/windows/windowsmedia/en/download/default.asp

The Teleconference will be available for replay until 11:59 PM April 7, 2011

-- Replay Number (Toll Free): (877) 660-6853

-- Replay Number (international): (201) 612-7415

-- Account #: xxx

-- Conference ID: xxx
 

 

eine richtige Pressemitteilung rausbringen.........unglaublich aber leider wahr............

schlimm ist das.......

link:  http://www.tmcnet.com/usubmit/-china-armco-clarifies-relationship-between-usiminas-mineracao-usiminas-/2011/04/05/5426101.htm

 

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