It was a bittersweet day last Monday for investors in Yongye International (NASDAQ: YONG).
Back in June of this year, I suggested that Yongye take advantage of their undervalued stock price and buy back shares.
Searching for good investments is difficult when you're physically far away from the markets. I live in Israel and don't have the daily intimate discussion of the American economy, newspapers and financial TV buzzing and humming around me.
This may turn to be an unexpected advantage if you think about it. I can look at stocks in a different way and tell you what I found.
They say more »
The highlight of Q2 has to be this exchange from the conference call.
Anson Beard – Private Investor—Advisory Director of Morgan Stanley
Sam, you're not answering the question. Did you write off last year's $9 million? Is that a correct end of the year? You set a preserve for $15 million. You're reversing $6 million. Did you write off $9 million? Just yes or no.
Sam Yu more »
Incredible bargains can be found in the oddest places, sometimes even in your own portfolio.
Here are two profitable stocks from my portfolio that are currently priced at deep, deep discounts.
The first is quickly growing by helping plants grow in the fertile fields of China. The other, in just over a year, created a bustling sailing fleet already shipping shareholders a remarkable 17% dividend.
YONG – Raising earnings and sweet more »
The People's Republic of China is home to over 1.3 billion people, which is one of the largest populations in the world. And according to the investment bank Goldman Sachs, China's middle class is expected to grow to 650 million by 2015. With a huge potential growing consumer base in China, opportunistic investors should be thinking of ways to capitalize on this opportunity. China Digital TV (NYSE: STVmore »)
Yongye International (NASDAQ: YONG), a Chinese producer of fulvic acid based crop and animal nutrient products, is a polarizing figure in the investment media.
For starters, the stock garners an inordinate amount of attention disproportionate to its market cap of $150 million. This attention is either centered around new or re-hashed attacks on the company’s credibility, ranging from in-depth critiques of public filings to outright cries the company is more »
If you're a Yongye International (NASDAQ: YONG) shareholder, it's been a tough year.
In fact, "tough year" is putting it nicely. Even after it's run-up this past week, the stock is still down 9% in 2012, which is in addition to the 58% crushing it got in 2011. The finger-pointing has already begun, but there are a few reasons that have been largely to blame for the more »
Yongye (NASDAQ: YONG) collected some of its receivables, but they had to be pushed by public opinion to do it. Last quarter, there was a fair amount of negative press regarding the runaway accounts receivables after they reported fourth quarter and annual earnings. Apparently, it was important enough to the company, to compel them to issue a press release April 3, 2012, to reassure investors everything was under control.
During more »
Yongye (NASDAQ: YONG) continues to see high revenue growth. Unfortunately, in 2011, much of the growth has rested on extending longer and longer credit terms to distributors. The credit shows up as higher dollar amounts in receivables and long days sales outstanding.
The company has not been as far behind in receivables in its history as it was in Q4 2011. In Q2 2011, management was confident of more »
China Green Agriculture (NYSE: CGA) is a small-cap Chinese fertilizer manufacturer. CGA came to the U.S. as one of a number of infamous Chinese reverse takeovers that as a group have been a massive disappointment to investors. CGA is no exception having dropped to just under $5 today from around $17 per share three years ago.
Unlike some of its fellow RTOs, CGA has not been under investigation for more »