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Saturday, May 12, 2007

FMCN HMIN NCTY SNDA NTES

I missed FMCN . It didn't go down to the second level of 32.99 which I hope for.

Focus Media to Announce First Quarter 2007 Financial Results at 05/17/07 at 9:00 p.m. ET

HMIN ended the week with a little hammer. I like it. The first target is 35 and 37.5 next.

Home Inns will report its financial results for the first quarter 2007 after the U.S. market closes at 05/21/07 at 9:00 p.m. ET.

NCTY is the most potential moving star but I don't like its oversold status. There's no bargain right now. I mess up.

It will host a conference call and webcast on Monday, May 21, 2007 at 9:00 PM, US Eastern Time (corresponding to Tuesday, May 22, 2007 at 9:00 AM, Beijing Time), to discuss The9's first quarter 2007 unaudited financial results.

 

SNDA  will host a conference call at 9:00 p.m On May 22 Eastern Time, corresponding with May 23, 2007 at 9:00 a.m. Beijing/Hong Kong time.

NTES seems something wrong but the company buying back its stuck, so I would take it if the price down to 17.5.

BIDU has been announced Q1 2007.

I believe CHINA will have a long run after launching online games later this year but it's not the timing right now.

Wednesday, May 02, 2007

HMIN may buy Chinese Post Office hotel chain

This picture is an antique building owned by post office in Xiamen China. This old post office will be turn to a hotel operated by HMIN.

HMIN has high volume today. I found some good news on Chinese news websites.

Home Inns & Hotels Management Inc(HMIN), the largest economic hotel chain in China might cooperate with the Chinese post office authority on remodeling some buildings which belong to the post office into hotels.
It will bring a huge amount of high quality hotels to HMIN because post office own many real estate trough out the country specially in major cities. The Chinese Post Office authority also own 30 hotels which available for acquisition.

I guess this is why HMIN sell more ADS shares recently for the first time after public.

The CEO SunJian said that the hotel chain has 208 hotels already which include operating and signed contracts. The number show on 2006 earning report was 134 and 48 under development. He also said that the company will keep a 60% to 70% growing rate year to year.

 

Reference

孙坚:如家考虑收购邮政酒店

百年邮局将变身酒店

Wednesday, May 02, 2007

FMCN

I'm here waiting for you FMCN, the first strike is $33.01. Will it be my day tomorrow?