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0943 [Dow Jones] STOCK CALL: HSBC starts China Seven Star (0245.HK [News / Quote]) at Overweight, with target price at HK$2.10 as 'the next TV blockbuster' has sustainable high margins but needs low working capital. Adds high levels of consumer acceptance and rapid growth would drive China''s small home TV shopping market. Stock down 0.9% at HK$1.12 yesterday.(SUT) Contact us in Hong Kong. 852 2802 7002; MarketTalk@dowjones.com
chart-technisch sieht es doch ganz gut aus...oder was meint ihr dazu?
hab mir heute erst einmal paar gekauft!
ich bin auch noch investiert....
werde es auch erstmal bleiben!!
ich glaube das wir hier erst ende des jahres wieder kräftige zuwächse sehen werden...
lg akteur
lg
zahlenkolonne
ich glaube auch...ich hab auch nur pos. über chin sevn gehört und deren wachstumsraten ...wenn die aktie erstmal richtig bekannt wird und deren wert geschätzt wird werden wir hier schnell glaube ich kräftige zuwächse sehen..
lg akteur
lg
zahlenkolonne
Bin mal gespannt wies weiter geht in den nächsten Tagen!
Aber eins steht fest, der Boden ist bei 0,047€, das ist doch schon mal in Ordnung!!!
Wie seht ihr das? Ich glaube, dass wir schon bald wieder bei 0,08-0,10€ sind oder??
MFG
Zahlenkolonne
LONGCHEER HOLDINGS LIMITED
Incorporated in Bermuda
Company Registration No. 35673
Joint Venture with China Seven Star Shopping Limited
The Board of Directors of Longcheer Holdings Limited (the "Company" or "Longcheer") is pleased to announce that its wholly-owned subsidiary Sinolong Technology (Shanghai) Co., Ltd. ("Sinolong") has entered into a Memorandum of Understanding ("MOU") to form a joint venture with China Seven Star Shopping Limited ("Seven Star").
Under the MOU, it is proposed that Seven Star will invest RMB 28.5 million in Shanghai QL Telecommunications Co., Limited ("QL") by way of a capital injection. With the proposed investment, the registered capital of QL will be increased from RMB 50.0 million to RMB 78.5 million of which 36.3% will be held by Seven Star, 36.3% by Sinolong and 27.4% by Shanghai LS Investment Co., Ltd. This will result in a dilution of Longcheer’s interest in QL from 57.0% to 36.3%. QL will thereafter cease as a subsidiary and become an associated company of Longcheer.
It is a condition precedent to the proposed joint venture that the net asset value of QL shall be at least RMB 50.0 million.
Seven Star is a leading television shopping enterprise in China listed on the Hong Kong Stock Exchange. QL is a joint venture company engaged in the sales of telecommunication products with the core business of marketing and distribution of mobile handsets in China.
This strategic co-operation with Seven Star will enhance QL’s mobile handset marketing capability and diversify its distribution channel in China.
The Company would make further announcements when binding agreements are signed.
BY ORDER OF THE BOARD
LONGCHEER HOLDINGS LIMITED
Wenn es demnächst einen ausbruch geben würde wäre er nachhaltig, dann ist der gap gefüllt. wollen wir ma alle hofen, dass china seven kein abstur bevor steht dann seh ich nämlich schwarz!!! wie seht hr das leute?kommt schreibt doch mal ein bischen mehr!!!
Financial Review
For the six months ended 30 June 2008, the Group’s unaudited consolidated turnover
was approximately HK$155,904,000, a decrease of approximately 62% from the
same period of last year. The decrease in turnover was mainly due to the tough
market environment continuing from last year, the earthquake in Wen Chuan, Sichuan
of the People’s Republic of China and stricter shipping and delivery guidelines
implemented for the Beijing Olympics. Unaudited net loss attributable to equity
holders was approximately HK$66,666,000 as compared to net profit of approximately
HK$43,291,000 in the corresponding period last year. The Board does not recommend
payment of interim dividend for the six months ended 30 June 2008 (2007: HK$Nil).
The total revenue of the Group recognized in the unaudited consolidated income
statement was as follows:
For the six months ended 30 June, in HK$’000
2008 2007 Change
Retail and distribution
of consumer products 155,469 413,579 -62%
Rental income 435 434 0%
Interest income 2,499 4,541 -45%
Other income 6,801 2,692 +1.5 times
Total revenue 165,204 421,246 -61%