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China Direct, Inc. (CDII)

95 Posts
Pagina: «« 1 2 3 4 5 »» | Laatste | Omlaag ↓
  1. [verwijderd] 16 juni 2009 15:10
    CDII Jun. 15, 2009 Market Close:
    $ 1.83 -0.41 -18.30% 2,413,034

    Early-Hours Snapshot:
    06/16/2009 09:04 AM EDT
    2.02
    Change
    0.19
    % Change
    10.38%
    Volume
    136,430

    online.wsj.com/public/quotes/main.htm...

    www.nasdaq.com/aspxcontent/ExtendedTr...

    China Direct Industries Receives Several Basic Materials Sales Contracts Valued at $30.5 Million .

    China Direct Industries Receives Several Basic Materials Sales
    Contracts Valued at $30.5 Million


    DEERFIELD BEACH, FL -- (MARKETWIRE) -- 06/16/09 --

    China Direct Industries, Inc. ("China Direct Industries") (NASDAQ: CDII), a U.S. owned, rapidly growing holding company operating in China in two core business segments, pure magnesium production and distribution of basic materials, announced today that its Basic Materials segment has received several sales contracts for the delivery of various synthetic chemicals and reinforcing steel bars which have the potential to generate approximately $30.5 million in 2009. The contracts come as management of this segment sees improvements in its business outlook as China's economy begins to show signs of recovery. With the addition of these sales contracts, management now believes revenue derived from its basic materials segment should improve in 2009 compared to 2008 and range between $65 and $75 million, an increase of over 25%.

    Commenting on these sales contracts, Dr. James Wang, Chairman and CEO of China Direct Industries, stated, "We are pleased to see demand increases at our basic materials subsidiaries giving us some confidence that China's recovery is underway. We continue to anticipate a stronger second half of 2009 in this segment as conditions in China continue to improve."

    About China Direct Industries, Inc.

    China Direct Industries, Inc. (NASDAQ: CDII), is a U.S. owned, rapidly growing holding company operating in China in two core business segments, pure magnesium production and distribution and distribution of basic materials in China. China Direct Industries also provides advisory services to China based companies in competing in the global economy. Headquartered in Deerfield Beach, Florida, China Direct Industries operates 10 subsidiaries throughout China. This infrastructure creates a platform to expand business opportunities globally while effectively and efficiently accessing the U.S. capital markets. For more information about China Direct Industries, please visit www.cdii.net.

    DISCLOSURE NOTICE:

    In connection with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, China Direct Industries, Inc., is hereby providing cautionary statements identifying important factors that could cause our actual results to differ materially from those projected in forward-looking statements (as defined in such act). Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "intends," "plans," "believes" and "projects") may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. These statements include, but are not limited to, our expectations regarding the expected revenues from recent sales contracts and our expectations about revenues in 2009 in our basic materials segment.

    We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. This press release is qualified in its entirety by the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings, including our Annual Report on Form 10-K for the year ended December 31, 2008 and our reports on Form 10-Q.

    online.wsj.com/article/PR-CO-20090616...

    Mvg,
    Skip

  2. Demenkovets 29 juni 2009 21:56
    quote:

    welshterrier schreef:

    instapmoment 1,69?
    Moeilijk te zeggen, is de hele dag eigenlijk al gestegen.. Voor de Russell-dip van gisteren stond ie op 1,65. Nu dus redelijk genormaliseerd weer. 2 weken geleden heeft de koers even boven de 2,20 gepiekt, maar daarna weer teruggezakt tot onder 1,40 (leek wel een bodem).. Huidige koers zit er dus aardig tussenin. Voor de MT/LT zit er nog genoeg potentieel in, voor de korte rit is het erg afwachten.
  3. Demenkovets 23 juli 2009 14:26

    marketwire
    China Direct Industries Launches CDII Trading, a Wholly Owned U.S. Based Industrial Commodities Trading Company
    CDII Trading to Leverage Relationships With China Direct Industries Subsidiaries and Clients

    * Press Release
    * Source: China Direct Industries, Inc.
    * On Thursday July 23, 2009, 8:00 am EDT

    *
    Companies:
    o China direct industries, inc.

    DEERFIELD BEACH, FL--(Marketwire - 07/23/09) - China Direct Industries, Inc. ("China Direct Industries") (NASDAQ:CDII - News), a U.S. owned, rapidly growing holding company operating in China in two core business segments, pure magnesium production and distribution of basic materials, announced today that it has formed CDII Trading, Inc., a wholly owned subsidiary to engage in the global purchases and sales of industrial commodities for China Direct Industries and its subsidiaries and client companies. CDII Trading will initially focus its efforts in North and South America, Russia, parts of Africa and the European Union. CDII Trading will seek to market products from China Direct Industries and its various business units as well as market and procure products for its consulting clients. CDII Trading will also seek to leverage China Direct Industries relationships in China and abroad to opportunistically trade additional complementary products for its end customers. The company expects to begin trading in the following product categories:


    -- Petrochemicals including D2 diesel fuel, JP54 jet fuel and Mazut
    "M100" heavy oil
    -- Mineral ores including copper, manganese, chrome, antimony, nickel ore
    and iron ore
    -- Fertilizers including urea and NPK
    -- Scrap steel including HMS1 and HMS2, used rail and pig iron
    -- Tungsten bars (99.98% pure)


    Commenting on the launch, Dr. James Wang, Chairman and CEO of China Direct Industries, stated, "Part of our overall strategy is to vertically integrate operations and take advantage of synergies within our organization and with our clients. By creating CDII Trading and focusing our efforts on capitalizing on inquiries we have received internationally for our products as well as marketing to key areas in the EU and Americas, we will seek to capture additional sales opportunities and leverage all of our supplier and end customer relationships. We believe this can significantly enhance our sales and profits in the coming years."

    Koers reageert er gelijk op, normaal niet/nauwelijks PM handel hier, maar nu voorbeurs al een koers van 1,75 bij een slot van 1,54 gisteren.
  4. [verwijderd] 10 januari 2010 00:26
    Hmm, ik las ergens dat er een behoorlijk magnesiumtekort is in de wereld. DAt is de reden voor de behoorlijke stijging van de magnesiumprijs de afgelopen week Wellicht worden de importtarieven in de USA op magnesium uit China opgeheven. Dat zou helemaal mooi zijn voor cdii.

    Ik hou ze gewoon vast. Weinig schulden, stijgende prijzen en een stijgende autoproductie. Dit moet op termijn toch wel een stuk omhoog kunnen. We zullen zien.
  5. [verwijderd] 11 februari 2010 20:39
    quote:

    spell66 schreef:

    Hmm, ik las ergens dat er een behoorlijk magnesiumtekort is in de wereld. DAt is de reden voor de behoorlijke stijging van de magnesiumprijs de afgelopen week Wellicht worden de importtarieven in de USA op magnesium uit China opgeheven. Dat zou helemaal mooi zijn voor cdii.

    Ik hou ze gewoon vast. Weinig schulden, stijgende prijzen en een stijgende autoproductie. Dit moet op termijn toch wel een stuk omhoog kunnen. We zullen zien.
    Ik heb een aantal stukjes opgepakt. De beurzen mogen nu weer gaan stijgen!

    Gr
95 Posts
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