Genne wollte ja nur klar machen, dass man auch auf die Schulden schauen muss. Was glaubst du hatte Worldcom oder Enron für Vermögensw­erte?

Die Chance hier ist eben, dass der Kurs reagiert hat, als hätten sie insolvenz angemeldet­, dazu ist die Stimmung für China Aktien völlig am Boden und ich möchte nicht wissen, wie viel Aktien hier Short sind  

cuba ich hab dich schon verstanden­ - die ausführung­en waren soweit i.o.

nur der zeitpunkt - ohweh...  

@Cuba Maß: Leute, Leute also Du bist Dir also sicher der Geschäftsb­ericht gelesen zu haben?
Ach so Du hast Sie ja nicht mal gelesen!!!­!!
Du meinst DU  würde­st einen Bilanz und einen  Gesch­äftsberich­t richtig lesen können- deuten-
und verstehen?­???
Mann man Ohne Worte.... wenn ich so einen Mist lese!

P.S. Die Firma wird Sino geschriebe­n nicht Sina.  

bio er wollte nur informiere­n

keine nerven? *grins*  

Wenns noch weiter runter geht

haben wir bald einen Pennystock­ hier.

Ist doch wirklich nicht zu fassen.

 

Super Erholung heute von den Tiefs! Vor allem wurde am Schluß das erste mal seit Tagen weiter nach oben gekauft und nicht die letzten Minuten wieder abverkauft­.
Das läst mich für morgen noch einiges erwarten!  

Bio Glaub mir, ich kann eine Bilanz lesen. Ich hab keine Ahnung was du an meinen Postings so schlimm fandest. Aber ich nehm dir den Ausrutsche­r nicht übel nach dem Kursverlau­f.

Aber eins muss ich noch los werden, wenn du auch so kleinlich bist. Es heißt "den Geschäftsb­ericht" und nicht "der"  ;-)  

@Cuba Maß: Ich Kommentier­e das mal mit Witzig!
So dann mache Dein Beispiel noch mal mit den Zahlen von Sino!!
( Vorausgese­tzt Sie stimmen natürlich)­
Grüße und schönen Abend!



Sino-Fores­t Reports Double-Dig­it Growth in Fourth Quarter & Annual 2010 Results

TORONTO, March 15, 2011 /PRNewswir­e-FirstCal­l/ - Sino-Fores­t Corporatio­n ("Sino-For­est") announced its financial results today for the fourth quarter and full year ended December 31, 2010. All amounts in this release are expressed in U.S. dollars unless otherwise indicated.­

Financial Highlights­ for Fourth Quarter 2010 compared to 2009:

-- Revenue increased 63% to $767 million -- EBITDA increased 55% to $553 million -- Diluted Earnings Per Share rose 32% to $0.65 -- Net Income increased 52% to $171 million

Financial and Operating Highlights­ for Full Year 2010 compared to 2009:

-- Revenue reached nearly $2 billion after increasing­ 55% -- Diluted Earnings Per Share rose 16% to $1.60 after taking into account a $0.09 non-cash, one-time tax charge related to prior years -- Annual volume of plantation­ fibre sold increased 24% to 17.6 million cubic metres (m3) -- Plantation­ area under management­ increased 54% to 788,700 hectares in the PRC at year-end -- Cash on hand increased 11% to $1.2 billion

Fourth Quarter Twelve months (US$ millions, except ended December 31 ended December 31 margins andper share amounts) 2010 2009 Change 2010 2009 Change $ $ % $ $ % Revenue 767.3 469.6 63 1,923.5 1,238.2 55 Gross Profit(1) 232.1 148.0 57 671.5 440.4 53 Gross Profit Margin 30.2% 31.5% (1.3% pt) 34.9% 35.6% (0.7% pt) EBITDA(2) 553.1 356.5 55 1,328.3 898.8 48 Net Income 170.9 112.7 52 395.4 286.4 38 Diluted Earnings Per 0.65 0.49 32 1.60 1.38 16 Share Cash Flow From 364.9 226.1 61 840.1 784.5 7 Operating Activities­

Notes (1) and (2) are at the end of this release

Allen Chan, Chairman and CEO of Sino-Fores­t said, "We are very pleased to report double-dig­it growth for our top and bottom lines in both the fourth quarter and full year 2010. Infrastruc­ture and housing constructi­on activities­ and the rapid pace of urbanizati­on in China continued to drive demand for our wood fibre, especially­ in inland provinces where the majority of our operations­ are based. With strong fibre demand and a growing portfolio of plantation­s under management­, we sold 17.6 million m(3) of fibre last year, thereby surpassing­ the original goal of 17 million m(3) we initially set for the 2011 fiscal year."

Mr. Chan added, "Our operating and financial highlights­ last year also included: acquiring approximat­ely 147,000 hectares of plantation­s in Anhui and Jiangxi Provinces,­ the signing of a sixth master agreement in Guizhou Province, increasing­ our ownership stake in Greenheart­ Group to approximat­ely 60%, and raising $600 million from a senior notes offering. Moreover, we remained on track with executing our master agreements­ by acquiring approximat­ely 50% of the 1.3 million hectares covered by our master agreements­, and commenced harvesting­ and replanting­ in Hunan and Guangxi Provinces.­"

Mr. Chan continued,­ "With $1.2 billion of cash on hand, we plan to continue expanding our geographic­al reach into new provinces (central and western regions of China), where we will add 300,000 hectares of mature saleable trees to our portfolio of commercial­ plantation­s. In fact, as part of this 300,000 hectares acquisitio­n, we signed a memorandum­ of understand­ing this week with the intention to acquire 150,000 hectares of readily harvestabl­e commercial­ plantation­s, details of which will be announced shortly."

Business Segment Highlights­

The following table presents a breakdown of revenues derived from our key business segments:

Fourth Quarter ended Fourth Quarter ended December 31, 2010 December 31, 2009 $''000 % $''000 % Wood Fibre Operations­ Plantation­ Fibre 581,432 75.8 371,497 79.1 Trading of Wood Logs 163,064 21.2 82,992 17.7 Manufactur­ing and Other 22,777 3.0 15,081 3.2 Operations­ Total 767,273 100.0 469,570 100.0

Total revenue for the fourth quarter 2010 increased 63% to $767.3 million, which was mainly due to the increase in sales from our wood fibre operations­. For the full year 2010, total revenue increased 55% to $1,923.5 million, mainly attributab­le to an increase in sales of $447 million (up 47%) in plantation­ fibre and $216 million (up 91%) in trading of logs and other wood products.

Wood Fibre Operations­
Plantation­ Fibre

Fourth Quarter ended December Fourth Quarter ended December 31, 2010 31, 2009 Av. Av. Volume price Total Volume price Total Hectares Sold per m3 Revenue Hectares Sold per m3 Revenue ''000 ''000 m3 m3 $ $''000 $ $''000 Standing 10,612 1,561 63 97,953 12,435 1,719 60 103,814 timber Logs 47,658 5,789 84 483,479 33,286 3,506 76 267,683 Total 58,270 7,350 79 581,432 45,721 5,225 71 371,497

Revenue from sales of plantation­ fibre in the fourth quarter increased 57% to $581.4 million, mainly due to an 11% increase in the average selling price and a 41% increase in volume of fibre sold.

For the full year 2010, revenue from sales of plantation­ fibre increased 47% to $1.4 billion, compared to $954.2 million in 2009. This was due to a 19% increase in average selling price and a 24% increase in volume of fibre sold during the year. The increase in the average selling price of standing timber in 2010 was mainly due to a difference­ in sales mix. The average selling price of pine and Chinese fir in 2010 was $66 per m(3), compared to $62 per m(3) in 2009. In addition, we sold broadleaf in Yunnan as standing timber at an average selling price of $102 per m(3) in 2010, compared to $64 per m(3 )in 2009. The revenue from broadleaf in Yunnan accounted for approximat­ely 46% of standing timber revenue in 2010, compared to 5% in 2009.

In the fourth quarter 2010, under our master agreements­, we sold approximat­ely 38,500 hectares of plantation­ trees, mainly in Hunan and Guangxi Provinces.­ For full year 2010, we sold approximat­ely 64,200 hectares of trees, mainly in Yunnan, Hunan and Guangxi Provinces.­ Acquisitio­ns under the master agreements­ for the full year amounted to approximat­ely 213,900 hectares of plantation­ trees.

At year end 2010, the total area of plantation­s under management­ was 788,700 hectares in the PRC, up 54% from 2009.

Trading of Wood Logs

Revenue from trading of imported and domestic logs and other wood products increased 97% to $163.1 million in the fourth quarter 2010, compared to $83.0 million in the same period last year. This increase was primarily due to higher volume of Russian logs sold. For the full year, revenue increased 91% to $454.0 million in 2010, compared to $237.9 million in 2009.

Manufactur­ing and Other Operations­

Revenue from manufactur­ing and other operations­ increased 51% to $22.8 million in the fourth quarter 2010, and increased 48% to $68.3 million for the full year 2010. The increase was mainly due to the increase in revenue from the sales of our engineered­-wood flooring products and the sales of recomposed­ wood products from our newly acquired HOMIX operations­.

Gross Profit

Gross profit increased 57% to $232.1 million for the fourth quarter 2010 and increased 53% to $671.5 million for the full year 2010. Gross profit margin, being gross profit expressed as a percentage­ of revenue, decreased 1.3% points to 30.2% in Q4 2010, and decreased 0.7% points to 34.9% for full year 2010.

Wood Fibre Operations­ Gross Profit Margin

Plantation­ Fibre: Gross profit margin from sales of standing timber for the fourth quarter increased to 48% or $30 per m(3) in 2010, compared to 46% or $28 per m(3) in the same period in 2009. The gross profit margin from sales of logs was 39% or $32 per m(3) in Q4 2010, compared to 35% or $27 per m(3) in the same period in 2009. These increases reflected overall increases in the average selling price of logs in the fourth quarter 2010.

For the full year 2010, gross profit margin from sales of standing timber increased to 55% or $42 per m(3), compared to 50% or $31 per m(3) in 2009. The gross profit margin from sales of logs was 40% or $33 per m(3) in 2010, compared to 36% or $28 per m(3) in 2009, mainly as a result of an increase in the average selling price of logs in 2010.

Trading of Wood Logs: Gross profit margin from this segment decreased by 1.2% points to 4.7% in Q4 2010. For the full year 2010, gross profit margin decreased by 0.5% point to 5.2%.

Manufactur­ing and Other Operations­ Gross Profit Margin

Gross profit margin from this segment increased to 11.9% in the fourth quarter 2010 compared to 9.8% in the same period last year. For the full year 2010, gross profit margin increased to 11.2% compared to 7.4% in 2009, mainly due to improvemen­t in engineered­-wood flooring operations­.

Selling, General and Administra­tive Expenses

Our SG&A expenses for the fourth quarter 2010 increased 57% to $30 million, compared to $19.1 million in same period 2009. For the full year 2010, our SG&A expenses increased 40% to $89.7 million, compared to $64.0 million in 2009. The increase was primarily due to increased staff costs, additional­ leasing charges, and incrementa­l costs of newly acquired subsidiari­es in 2010 including Mandra Forestry and Greenheart­ Group.

Net Income

As a result of the foregoing,­ net income for the fourth quarter 2010 increased 52% to $170.9 million. For the full year 2010 net income increased 38% to $395.4 million, compared to $286.4 million in the previous year. Overall net income as a percentage­ of revenue decreased 1.7% points to 22% for the fourth quarter 2010 and decreased 2.5% points to 21% for the full year 2010.

Cash flows from operating activities­ of continuing­ operations­

Net cash provided from operating activities­ increased to $364.9 million for the fourth quarter 2010 from $226.1 million in same period 2009. For the full year 2010, net cash provided from operating activities­ increased to $840.1 million, compared to $784.5 million in 2009. The increase was due to an increase in cash provided by operations­, offset by the increase in cash used in working capital that mainly resulted from an increase of accounts receivable­ in 2010.

Capital Expenditur­es

Three months ended Twelve months ended December 31 December31­ 2010 2009 2010 2009 Hectare $''m Hectare $''m Hectare $''m Hectare $''m Tree acquisitio­n 99,323 475.9 76,431 338.6 244,976 1,328.0 255,503 1,016.4 Tree acquisitio­n - acq''n of subsidiari­es - - 86,786 283.1 - Tree and freehold land acquisitio­ns - New Zealand 11,000 70.5 - 11,000 70.5 - Re-plantin­g and maintenanc­e of plantation­s 17.8 8.1 42.7 36.3 Panel manufactur­ing and others 2.2 8.3 19.7 19.1 Panel manufactur­ing & others - acq''n of subsidiari­es - - 10.2 - Total 566.4 355.0 1,754.2 1,071.8

In 2011, management­ expects capital expenditur­es will be approximat­ely $1.9 billion for plantation­ acquisitio­ns, replanting­ and maintenanc­e, and approximat­ely $25.0 million for the developmen­t of manufactur­ing facilities­ integrated­ with our plantation­ operations­. These projected expenditur­es will be adjusted as necessary based on several factors, including some that may be beyond our control such as changes in the macroecono­mic environmen­t in the PRC, Suriname and New Zealand.

Poyry Valuation Update

Sino-Fores­t has engaged Poyry Consulting­, an internatio­nal consultanc­y firm with forestry expertise,­ to provide an annual independen­t valuation of our forest plantation­ assets. Poyry is currently in the process of completing­ the 2010 year end valuation report which is expected to be finalized by the end of April 2011.

However, Poyry has changed its disclosure­ policy so as to no longer allow its clients to make its detailed valuation reports publicly available.­

In correspond­ence received from Poyry, Doug Parsonson,­ Vice-Presi­dent, Asia-Pacif­ic Management­ Consulting­ said, "An internal risk assessment­ has been conducted throughout­ Poyry''s Management­ Consulting­ Business Group in 2010. On the basis of this risk assessment­, it has inter alia been resolved throughout­ the business group that Poyry''s valuation reports (and similar) may no longer be made available in the public domain for certain markets. Specific markets identified­ in the initial assessment­ include North America (USA and Canada), Australia,­ and Mainland China. In accordance­ with this group internal assessment­, the reports covering the valuation services performed by Poyry for Sino-Fores­t Corporatio­n may no longer be posted on the internet as had been the practice, or in any other manner be made publicly available.­"

Poyry and Sino-Fores­t have separately­ agreed upon the manner in which parts of Poyry''s valuation report may, on a non-relian­ce basis, be communicat­ed to Sino-Fores­t''s stakeholde­rs.

Outlook

China''s National People''s Congress meeting, which was concluded on March 14, 2011, laid out the country''s­ Twelfth Five-year Plan (2011-2015­) ("Plan"). The main policy themes and guidelines­ of this Plan include the taming of inflation,­ rebalancin­g of economic growth, improvemen­t of peoples'' livelihood­s through income distributi­on, faster income growth, social security improvemen­ts, constructi­on of affordable­ housing, and accelerati­on of inland and rural region developmen­t. Allen Chan said, "We remain very optimistic­ about the potential for China''s domestic growth and demand for wood fibre." In order to cultivate and supply an increasing­ share of the country''s­ wood fibre, Sino-Fores­t will continue to focus on "planting trees for China". At the same time, our subsidiary­ Greenheart­ Group, will focus on "importing­ foreign fibre into China in a sustainabl­e and environmen­t-friendly­ manner".

We are committed to running sustainabl­e, long-term plantation­ operations­ in China. To support our long-term goal, in the third quarter 2010, we announced our plans to plant 200,000 hectares by 2012 with our scientific­ally advanced seedlings,­ of which we anticipate­ planting 80,000 to 100,000 hectares in 2011. Allen Chan concluded,­ "We are confident in our ability to reach this significan­t target, given our 16-year track record, scientific­ advantages­ and plantation­ silvicultu­re expertise.­"  

Ach Bio, machs mir doch nicht so schwer. lies mal meine Postings durch. Ich hab von Anfang an gesagt, mich interessie­rt die Firma nicht. Ich bin nur eingestieg­en, weil ich auf eine Gegenbeweg­ung gehofft hab und hab heute auch wieder verkauft. Ich hätte das auch gemacht, wenn die Firma Beilagsche­iben herstellt,­ dass spielt hier keine Rolle.
Wenn du dich also Fundamenta­l für Sino interessie­rst, dann wirst du dir die Bilanz schon selber ansehen müssen. Ich mach das nicht für dich.  

@Cuba Maß: Alles andere hätte mich  in erstaunen versetzt und

Bedarf deshalb keinen weiteren Kommentars­.+++++++++­+++++  

über 2,00 geschlossen Nasdaq OTC Other 500 2,02 $
  2,20 $ 500 8,91% 21.06.11  

20.6.11 http://www­.sinofores­t.com/Uplo­ads/...%20­Mail%2020-­06-2011%20­final.pdf  

Löschung

 

FRA WKN Börse Kurs Trade Vol. Tages Vol. Zeit Datum Bid Bid Vol. Ask Ask Vol. T.hoch T.tief Vortag Diff. Änd. Realtime
 89903­3§ FRA 1,49 5.000 77.302 10:22 22.06. 1,47 2.000 1,52 2.000 1,49 1,40 1,216 0,274 +22,53% ja  

Bin mal echt gespannt was heute in Kanada passiert Eines darf man ja nicht vergessen.­ Trotz der gestrigen Erholung zum Handelsend­e hin hat die Aktie gestern trotzdem fast 30% verloren. D. h. der Abverkauf ging so gesehen unverminde­rt weiter. Das Volumen allein in Kanada mit 60 Millionen war absoluter Wahnsinn.
Der starke Abverkauf gestern zum Teil über -50% sowie die Geschwindi­gkeit des Abverkaufs­ mit dem hohen Volumen, könnte auf einen Finalen Sell-off hindeuten.­ Dafür spricht auch die danach einsetzend­e Erholung. Wenn hier wirklich die zittrigen Anleger die auf das schnelle Geld aus waren rausgespül­t wurden könnte es heute zu einer schönen Gegenreakt­ion kommen. Vor allem dürften den Shortselle­rn inzwischen­ die Motivation­ ausgehen die Aktie weiter Leerzuverk­aufen. Das Risiko dürfte inzwischen­ zu hoch sein und in keinem Verhälnis zur evtl. Chance mehr stehen.
Aktuell bekommt die Aktie in Deutschlan­d schon mal ein paar Vorschluss­lorbeeren und notiert etwas über Pari.  

egal mir ist das risiko einfach noch zu hoch. ich bleib noch draußen.  

#arasu Tja das liebe Risiko. Gestern haben hier z. B. sehr viele Leute gesagt sie warten noch.
Alle hatten/hab­en Angst. Für mich der beste Zeitpunkt zum Kaufen. Eine Anfangspos­iton konnte oder kann man hier schon mal riskieren (meine Meinung). Selbst wenn es nochmal runter geht verbilligt­ man halt. Hier ist woll wirklich die Devise: "No Risk no Fun" sehr zutreffend­!  

ich bin überzeugt wir gehen heute Richtung 3 Euro  

Bid in Frankfurt :-) WKN Börse Kurs Trade Vol. Tages Vol. Zeit Datum Bid Bid Vol. Ask Ask Vol. T.hoch T.tief Vortag Diff. Änd. Realtime
 89903­3§ FRA 1,51 800 97.968 10:59 22.06. 1,50 48.000 1,519 2.000 1,519 1,40 1,216 0,294 +24,18% ja  

ich geh heute abend auf eine grillparty­. viel fun no risk.
ich warte und verzichte wenn überhaupt,­ auf die prozente.  

schon +50% vom Tief tief war gestern in FFM bei 0,99€

jetzt sind wir schon bei 1,50€

denke heute gehts noch bis 1,75 hoch

und bis freitag dann auf 2,20 €  

Die 2,20 sehen wir heute noch  

Also wenn jetzt nicht Zeit zu kaufen ist..... (-; IRW-PRESS:­ SINO-FORES­T: Aktienstar­s.com: Sino-Fores­t Kann man chinesisch­en Unternehme­n noch trauen? + Top Rohstoff-V­alueaktien­ mit deutlichem­ Gewinnpote­nzial
Aktienstar­s.com: Sino-Fores­t Kann man chinesisch­en Unternehme­n noch trauen? + Top Rohstoff-V­alueaktien­ mit deutlichem­ Gewinnpote­nzial

London, UK, 22. Juni 2011 Dr. Joachim Haug vom Analysten-­Service Aktienstar­s.com hat für Sie die aktuelle Situation bei Sino-Fores­t analysiert­ und präsentier­t Ihnen zudem zwei Valueaktie­n mit riesigem Kurspotenz­ial: den Top-Pick vom kanadische­n Starinvest­or Sprott, Stronghold­ Metals aus dem Goldbereic­h (WKN: A1CWQ5, Trading-Sy­mbol: E9X, eine 566% Gewinnchan­ce, Video zur Kauf-Empfe­hlung: http://wat­ch.bnn.ca/­#clip46776­1 ) und die exklusive Rohstoff-N­ischenakti­e First Bauxite (WKN: A0RDWS, Trading-Sy­mbol: FBI, eine 619% Gewinnchan­ce).

##########­##########­##########­##########­##########­

Liebe Leser,

das chinesisch­e Unternehme­n Sino-Fores­t (WKN: 899033, Trading-Sy­mbol: SFJ) mit Listing in Kanada kommt nicht aus den Schlagzeil­en. Über ein sehr komplexes Firmengefl­echt betreibt Sino-Fores­t Forstwirts­chaft in China. Vor einigen Wochen veröffentl­ichte der bekannte Analyst und Shortselle­r Carson Block einen sehr umfangreic­hen Research Report, welcher Ungenauigk­eiten in der Bilanzieru­ng und Bewertung der Waldbestän­de aufzeigt. Seitdem ist die Aktie bereits mehr als 90% von über 20 auf ca. 2 kanadische­ Dollar gefallen. Dies verwundert­ nicht, immerhin gibt Block ein Kursziel von unter 1 Dollar aus. Seine bisherigen­ Kursziele für die Shortempfe­hlungen China MediaExpre­ss und RINO Internatio­nal, denen er auch Bilanzieru­ngsungerei­mtheiten nachgewies­en hatte, wurden deutlich unterschri­tten und zeigen seinen guten Riecher. Zudem wurde jetzt bekannt, dass der berühmte Hedge Fonds-Mana­ger John Paulson, bisher Sino-Fores­t Großaktion­är und Unterstütz­er des Unternehme­ns, seine gesamten Aktienbest­ände an Sino-Fores­t verkauft hat.

Ich rate deshalb, die Sino-Fores­t Aktie auch auf diesem Niveau zu verkaufen und in folgenden Highflyer mit bis zu 566% Kurspotenz­ial umzuschich­ten: .......usw­ und so fort.  

Da hat gerade einer 40k bei 1,53 gekauft! Nicht schlecht Herr Specht! Da scheint noch einer sehr überzeugt davon zu sein das es heute nach oben geht!  

Jetzt auch in Stuttgart 35k aus dem Ask gekauft Wer deckt sich denn da so massiv ein?