GPRC - Recycler mit günstiger Bewertung

Ticker: GPRC
Preis: $1.17
Webseite: http://www.guanweirecycling.com/
Float: 8M - Outstanding shares: 12M
http://www.dailyfinance.com/quote/nasdaq/...cling/gprc/key-statistics
Charts:




 

Das Unternehmen weist für das Jahr 2011 einen Gewinn von $0.64 auf.
D.h. das bei einem aktuellen Kurs von $1.17 mit einem lächerlichen KGV von 1.72 für 2011 bewertet sind.
Von den 20M außenstehenden Aktien sind 12M ( 60% ) in festen Händen.

Jahresbericht:
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8517584  

Mein erstes Kursziel liegt zwischen $2.00 und $2.50.

Aus charttschnischer Hinsicht haben wir heute die 200er Tageslinie gebrochen.
Des Weiteren haben wir nun 2 Tage in Folge über $1 geschlossen.
8 weitere Tage sind nötig, um das Nasdaqlisting aufrecht zuhalten.  

 

http://finviz.com/chart.ashx?t=GPRC&ty=c&ta=1&p=d&s=l  

 

clnt...komisch beide an den selben tagen gestartet hat das irgenwas mit der recycling industrie zutun.?  

FUQING CITY, CHINA--(Marketwire -03/30/12)- Guanwei Recycling Corp. (the "Company") (NASDAQ: GPRC - News), China's leading clean tech manufacturer of recycled low density polyethylene (LDPE), today reported record sales and profits in 2011. Continuing strong domestic demand for the high quality, competitively priced recycled plastic manufactured at its zero discharge facility, also is expected to produce another year of record growth in 2012.

Highlights

   2011 net revenues increased 34% to a record $63,600,678 from $47,534,645 a year earlier.
   Net income in 2011 grew 29% to a record $12,793,448, or $0.64 per diluted share, compared with $9,927,396, or $0.50 per diluted share in 2010.
   The Company's annual combined raw material import quota was increased to 99,000 tons in 2011 and 115,000 tons in 2012.
   Production capacity was expanded to 80,000 tons from 65,000 tons.
   Short term debt was paid off and working capital increased at year end to $23.8 million from $13.4 million a year earlier.
   With new equipment and improved facilities, product quality was enhanced while the Company maintained its pricing advantage over virgin plastic.

Volume and Sales Price Increases

Year over year sales of self-manufactured recycled LDPE grew more than 39% to $61,900,588, reflecting increases in sales volume and pricing. Tonnage sales of manufactured recycled LDPE increased 27% from 41,478 tons a year earlier to 52,666 tons in 2011. Average selling prices increased approximately 9.6% from $1,072 per ton a year earlier to $1,175 per ton in 2011. While 2010 revenues included approximately $1.99 million in low margin sales of purchased recycled LDPE to meet customer requirements, there were no such sales in 2011.

Increased Production Capacity

During 2011, the Company continued the construction and expansion of its facilities as well as the replacement of machinery and equipment. Its capital asset expenditure for these improvements and equipment purchases was over $3.8 million. As a consequence of these significant improvements, manufacturing capacity during 2011 was increased from 65,000 tons to 80,000 tons and will continue to be enhanced in the current year.

Expanded Plastic Waste Import Quota

Of additional significance, the Company received government approval in July for expansion of its quota for imported plastic waste, the key raw material needed to manufacture recycled LDPE. In 2011, the annual quota was increased from 24,000 tons to 64,000 tons. When combined with the import quota of 35,000 tons annually which the Company has contracted with another company (Huan Li), its total quota in 2011 was 99,000 tons. For 2012, the Company received approval to increase its quota to 80,000 tons, bringing its combined total quota for the current year to 115,000 tons.

Gross Margin Down Slightly But Above 30%

While gross profit increased approximately 27% year over year in 2011 to $19.48 million, gross margins decreased to 30.64% from 32.20% a year earlier. This primarily was a consequence of an approximately 22% increase in raw material costs. In order to reduce these costs, the Company continues to develop relationships with new suppliers, primarily in Europe. Guanwei's ability to purchase raw materials directly from European suppliers -- reflecting its dedication to meeting the highest pollution and environmental standards -- continues to provide the Company with a significant competitive advantage. Additionally, the Company continues to focus on managing operating costs. In 2011, higher raw material costs were partially offset by operating expense increases that were smaller than the growth in revenues.

No Outstanding Borrowings

Shareholders' equity as of December 31, 2011 increased to approximately $45 million from $34.1 million a year earlier, reflecting among other factors a reduction in short term borrowing to zero from approximately $3.7 million a year earlier and an increase in retained earnings to $28.62 million from $15.84 million in the prior year. Total assets of $45.08 million at year end included cash and cash equivalents of $12.43 million, and accounts receivable of $4.48 million, reflecting an increased use of terms with certain customers. Inventories increased to $16.85 million, from $10.72 million a year earlier, and pre-payments and other assets of $2.10 million as of year end 2011 compared with $475,195 at the end of 2010.

Strong Growth Outlook For 2012

"2011 certainly was another banner year for our Company," Mr. Chen Min, Chairman and CEO of the Company, commented. He continued, "not only did we see core sales advance nearly 40%, but we continued to maintain gross margins above 30% and generated another strong gain on our bottom line."

"Further," he added, "through careful planning and sound execution, we were able to ratchet up our production capacity on a largely self-financed basis, and enter the new year with strong financials and no debt. Additionally, we obtained a substantial increase in our government quota for imported raw material."

"With these accomplishments," he stated, "we are confident of another year of record results in 2012. Even with an anticipated slowing in our domestic economy, we have a customer base that is well diversified, and the more than 40% price advantage our recycled plastic offers compared with virgin plastic continues to make it quite attractive."

"At the same time," Mr. Chen added, "we hope that in 2012 investor perceptions in the U.S. of Chinese companies such as ours with outstanding track records and continuing strong growth potential will begin to improve, and the patience of our shareholders will begin to be rewarded."  

31-Jan-2012

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Sta


Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

On January 25, 2012, the Nasdaq Stock Market ("Nasdaq") notified Guanwei Recycling Corp. (the "Company") that it no longer complied with Nasdaq Rule 5550(a)(2) (the "Minimum Bid Price Rule"), as the closing bid price of the Company's common stock, par value $0.001 ("Common Stock"), was below the minimum $1.00 per share for the 30 consecutive trading days prior to January 25, 2012. In accordance with Nasdaq Rule 5810(c)(3)(A), the Company will be provided 180 calendar days, or until July 23, 2012, to regain compliance with the Minimum Bid Price Rule. The Company may regain compliance with the Minimum Bid Price Rule if the bid price of the Company's Common Stock closes at $1.00 per share or more for a minimum of 10 consecutive business days at any time prior to July 23, 2012.

In the event the Company does not regain compliance with the Minimum Bid Price Rule by July 23, 2012, the Company may be eligible for an additional 180-day period in which to demonstrate compliance with the Minimum Bid Price Rule, provided that the Company meets the continued listing requirements for the market value of its Common Stock and all other initial listing standards for The Nasdaq Capital Market set forth in Nasdaq Rule 5505. If the Company does not regain compliance with the Minimum Bid Price Rule prior to July 23, 2012 and is not eligible for the additional compliance period, Nasdaq will notify the Company that its Common Stock will be delisted. At that time, the Company may appeal Nasdaq's determination to delist the Company's Common Stock.

The Company intends to actively monitor the closing bid price of its Common Stock and will consider available options to regain compliance with the Minimum Bid Price Rule.  

That is how important it is in the USA to have a well known accountant looking over your books. Investors need to have trust in the numbers and Friedman LLP provides that trust.

http://friedmanllp.com/partners.php

On February 7, 2012, the Company engaged Friedman LLP ("Friedman") to serve as its independent registered public accounting firm with immediate effect. The decision to engage Friedman was recommended by the Audit Committee and approved by the Board of Directors on February 6, 2012.  

Some Due Dilligence on GPRC:

sharestructure: 8M float - 20M outstanding
EPS 2011: $0.64
P/E @$1.17: 1.83 ( thats a joke )
Book value: $1.65
http://www.dailyfinance.com/quote/nasdaq/guanwei-recycling/g…

companies websie: http://www.guanweirecycling.com/

They just recently got their 10-K behind them and blew away earnings.
By the way they have switched over to Friedman LLP which is also a very good and trustful sign of a legit company!
We have a winner here and shorts gonna have a very hard time next week imo

On February 7, 2012, the Company engaged Friedman LLP ("Friedman") to serve as its independent registered public accounting firm with immediate effect. The decision to engage Friedman was recommended by the Audit Committee and approved by the Board of Directors on February 6, 2012.

Guanwei Recycling 2011 Net Income Rose 29% on Record Revenues Up 34% Year Over Year
http://ih.advfn.com/p.php?pid=nmona&article=51838243


"Global Hunter changed their policy with regards to Chinese stocks, stating they wouldn't cover them unless these companies would agree to be thoroughly checked out by GeoInvesting, China 360 and other firms like that. Many companies wouldn't agree to this, not to mention the extra expense involved, but GPRC stepped up to the plate and said "no problem." They passed their review with flying colors and Global Hunter covers GPRC." Joe Natural  

[b]GPRC financial overview:[/b] no dilution , no short term nor long term debts!
http://data.cnbc.com/quotes/GPRC/tab/7

 

GPRC $1.15x$1.16 what a screaming buy we have here! Chinas economy is cooling off but GPRC recycling business is rising every day cause they are doing their business with Europe ( specially with Germany )!  

$1.24 ist ja schon mal ein netter Schlusskurs für morgen  

Seeking alpha artikel spricht von einem Verdreifacher!
http://seekingalpha.com/article/...-be-the-next-3-bagger?source=yahoo  

GPRC $1.35 after hours weeeeeeeee  

Tageshoch $1.75  

GPRC $1.75 has been the hod - I believe we gonna see $2+ today!  

Verkaufsorder würde ich bei GPRC zwischen $3.00 und $3.35 für morgen setzen  

Moin thekey,

also so oft, wie du ins Schwarze triffst, müsstest du ja schon Millionär sein ;)! Mal Off-topic: Hast du dir eig jemals die Finger verbrannt? Oder immer Glück gehabt?

 

Ich war sogar schon mal bankkrott und bin daraus gestärkt wieder hervorgekommen.
Stichwort : Intershop .... NeuerMarkt...

Aktuell habe ich wirklich einen guten Lauf die richtigen Picks zu finden. Sehr gut beobachtet  :-)  

Neues Tageshoch lag heute bei $1.85  

ich persönlich durch deine Threads echt gut profitiert habe! Ich möchte mich daüfr auch mal bedanken, dass du auf aussichtsreiche Invests aufmerksam machst! Weiter so, thekey!

Werde demnächst auch mal wieder auf deinen Fersen "walken"!

Bin im Moment etwas im Graphitsektor gebunden ;)!

Schönen Tag dir noch!

 

Aktueller vorbörslicher Kurs $1.85