Research - Guidance

Guidance is regularly issued by some companies to provide investors with an outlook for the future. This information can be helpful in assessing the future valuation scenarios for company stock.

Guidance can come in many forms: sales, earnings, EBITDA or general commentary. It's especially useful when the company has no analyst coverage.

Thursday, March 18, 2010

Spectrum Brands Inc (SPEB)

“This is truly a new beginning for Spectrum Brands, signifying the positive momentum of our company as we move forward on solid footing with a strong, global portfolio of brands,” said Kent Hussey, CEO of Spectrum Brands. “As a result of the successful implementation of operational and financial restructuring initiatives in recent years as well as cost savings and market share gains in some of our key product segments, we have achieved improved profitability and…

Wednesday, March 17, 2010

Sino Assurance Inc (SNAS)

PLAN OF OPERATIONS: The Company’s development has reached a critical moment. It aims to achieve steady growth in 2009 by getting its core employee guarantee business started on a clear commercial development pattern, by further elevating the market status of its engineering guarantee business as well as leading the whole Company at a relatively fast development stage. Source: SEC form 10Q (For the quarterly period ended September 30, 2009)…

Tuesday, March 16, 2010

China Fire & Security Group (CFSG)

Mr. Gangjin Li, chairman and chief executive officer of China Fire, commented, "In spite of lower than expected revenue in the fourth quarter of 2009, I am satisfied with our business momentum and with the groundwork that we laid out over the past year. Due to the larger than expected size and scope of the Wuhan Iron and Steel retrofitting project, we had a delay in the signing of the contract, from which we had projected a $10 million revenue…

Corphq (ANNO)

First quarter December 2009 excerpts: Cost of goods sold, which consists of labor, overhead and product cost, was $3,198,663 for the quarter ended December 31, 2009, representing an increase of $274,598 or 9% as compared to $2,924,065 for the quarter ended December 31, 2008. This increase in cost of goods sold was close to the increase in revenue. However, since we commenced full scale production of Micro-Nano Silicon…

Fuqi Intl (FUQI)

The Company anticipates total revenue for the 2009 fourth quarter to be approximately $175-$180 million, compared to its original fourth quarter 2009 forecast of $182.0-$191.0 million. Consolidated gross margin is expected to be in the 9%-10% range and diluted earnings per share is expected to be in the range of $0.24 to $0.28 per share compared to original diluted per share estimates of $0.55-$0.60. Mr…

Heckmann Corp (HEK)

Mr. Richard J. Heckmann, Chairman and CEO of Heckmann Corporation, stated, “2009 presented its share of issues for our management but we have successfully turned the corner in China and will continue to maximize shareholder value through growth and expansion there." Source: Business Wire (March 11, 2010)…

Premier Power Renew Energy (PPRW)

For 2010, the Company is expecting: Revenue of $105-$115 million vs. $30.8 million in 2009. Gross margin between 16%-20%. Historically, we have successfully funded the construction of our large scale projects through a combination of debt, equity and vendor partnerships, and this guidance is based on the Company’s ability to continue to do the same in 2010. This is an important and critical…

Renhuang Pharmaceuticals (RHGP)

First Quarter 2019 excerpts: Although we anticipate that the cost of goods will increase due to inflationary price increases, we do not believe that such increases will be material for fiscal year 2010. We anticipate that beyond 2010, our price for raw materials and other production costs will continue to increase due to inflation. If our costs of goods increase, this may have a negative effect on our net income because, due to market conditions and competitive conditions, we may not…

Zhongpin Inc (HOGS)

Mr. Warren Wang, Zhongpin's Chief Financial Officer, said, "For the year 2010, we continue to believe that Zhongpin's sales revenues should be within a range of $900 million to $940 million, with gross profit within the range of $106 million to $115 million and net income within the range of $52 million to $57 million. The resulting diluted earnings per share for the year 2010 is currently expected to be within the range of…

Monday, March 15, 2010

Bmp Sunstone Corp (BJGP)

Non-GAAP net income was $3.6 million, or $0.07 per diluted share, compared to $4.1 million, or $0.10 per diluted share, in the fourth quarter of 2008. On a GAAP basis, the Company reported net income of $2.0 million, or $0.04 per diluted share, compared to $1.4 million, or $0.03 per diluted share, in the fourth quarter of 2008. During the fourth quarter…

China Techfaith Wireless (CNTF)

TechFaith currently expects revenue to be in the range of US$60 million to US$62 million for the first quarter of 2010. This forecast reflects TechFaith's current and preliminary view, which is subject to change. The company reported first quarter 2008 sales of $48.7 million…

Thursday, March 11, 2010

Djsp Enterprises (DJSP)

2009 Financial Highlights Revenue for the quarter increased 33.3% to $70.5 million from $52.9 million in last year's comparable period. For the year 2009, revenue increased 30.7% year over year to $260.3 million. Adjusted Net income was $12.1 million in the fourth quarter. For the 12 month period, adjusted net income was $44.6 million or $2.14* per share. Adjusted…

Renhuang Pharmaceuticals (RHGP)

The Company increased the price on Shengmai Granules based on continued strong sales volume and market demand for the product. "While we had assumed a price increase for Shengmai Granules in our outlook, the ability to quickly implement this price increase reinforces our confidence in the fiscal 2010 guidance," said Mr. Shaoming Li, Renhuang's Chairman and CEO. "Renhuang remains committed to delivering the best value proposition for our customers by providing high quality healthcare products and investing in…

Smtc Corp (SMTX)

"Historically, the Company has not provided specific full year financial guidance. However, in the first quarter there are signs of some economic recovery and customer inventory rebuilding. Accordingly, we are experiencing continued strong order flow from longstanding and newer customers together with a strong opening backlog, which should result in continued sequential revenue growth in the first quarter, and continuing strength through the first half of the year." stated Mr. Caldwell. Source: PR Newswire (March…

Wednesday, March 10, 2010

China Gerui Advanced Mate (CHOP)

"We are pleased with our fourth quarter and full year results," said Mr. Mingwang Lu, Chairman and Chief Executive Officer. "Our top line growth was driven by our ability to increase the volume of our sales to meet continued robust customer demand and rising average selling prices for our products. The majority of our revenues come from the domestic consumer market in China, which we believe will continue to exhibit growth. Additionally, our continued focus on operational efficiency and…

Harbin Electric Inc (HRBN)

Looking ahead, Mr. Yang commented, "We are ready to move the Company forward to a sustained profitability in 2010 supported by a solid platform that we have built over the past years as we expect continuous growth and leverage our strong financial position and promising portfolio of products. Although the first quarter is traditionally slower with the long Chinese new-year holiday, we do not expect this seasonality to impact our business significantly compared to the fourth quarter. We also expect that the…

Perma-Fix Environment Services (PESI)

Dr. Centofanti concluded, "Looking ahead, we continue to position Perma-Fix at the forefront of the nuclear waste treatment and nuclear services industry. In addition to the opportunities in our base nuclear waste treatment business, we have identified sizeable opportunities treating higher activity wastes, as evidenced by recent shipments in the third and fourth quarters of these types of waste streams. We have also operated onsite at Hanford for over a year and we have built a solid reputation for our work…

Tuesday, March 9, 2010

Alpha Pro Tech Ltd (APT)

Al Millar, President of Alpha Pro Tech, commented, "Our fourth quarter revenues and profitability continued the positive momentum that we experienced in our earlier quarters in 2009, which allowed us to deliver record results. We continued to see substantial sales growth in our REX Synfelt synthetic roof underlayment and, to a lesser extent, our house wrap products. We are currently working on opportunities with existing and new distributors, and we are optimistic about the Building Supply segment throughout 2010 and…

Monday, March 8, 2010

China Mass Media Corp (CMM)

"Conditions in the Chinese advertising market began to improve towards the end of 2009. We saw our clients start to become much more active in allocating their advertising budgets to both new and old projects during the fourth quarter. We took advantage of our strong media resources to meet their increased demand and higher advertising budgets." "We are confident that the economy and the advertising industry will remain strong throughout 2010. We closely reviewed our stock of media resources last quarter and…

Jade Art Group Inc (JADA)

"...Chinese economy is recovering and showing great improvement. This has a positive impact on the commercial and residential construction markets and the high-end jewelry market into which the company sells raw jade. The new sales policy, reduction on the rate of sales advances on new orders from 30% to 10%, is another factor that contributes improving the revenue JADA indicates that is not in need of capital." Source: SEC Third Quarter 10Q filing…

Friday, March 5, 2010

Ats Corp (ATSC)

Based on ATSC`s year to date profit margins, the Company is updating its EBITDA (1) guidance for 2009. The Company is now increasing its EBITDA (1) forecast for the year to be between $12 million and $13.5 million. The Company is reiterating its revenue guidance range of $121 million and $125 million. Dr. Bersoff commented, "We have consistently exceeded our target EBITDA and EBITDA margins each quarter of 2009 and expect…

Wednesday, March 3, 2010

Andatee China Marine Fuel (AMCF)

Mr. An commented: "We expect growth for the fiscal year 2010 to remain strong due to the expected further strong growth in the Chinese economy, particularly the Northeast developing region and Eastern seaports. We maintain focused on a business strategy of increasing storage for our products, including potential acquisition targets to expand our reach along the Eastern coast. We continue to maintain focus on capitalizing on the opportunities to meet the growing demand for marine fuel in the region." Source…

G Willi-Food Intl (WILC)

Mr. Williger commented: "We are pleased to report significant improvement in our sales and margins in 2009 on the strength of our higher-margin product introductions. While we did see pressure on sales from the global recession in much of 2009, we are encouraged by the strong sales volumes and margins in the third and fourth quarters of 2009. We are optimistic about our start in the first quarter of 2010 and believe we can continue to benefit from a multi-channel approach and…

Sinocoking Coal (SCOK)

PINGDINGSHAN, Henan Province, China--(Business Wire)-- SinoCoking Coal and Coke Chemical Industries, Inc. (NASDAQ:SCOK) (the "company" or "SinoCoking") today announced that it broke ground today on the construction of its new state-of-the-art coking facility in Pingdingshan city, in Henan Province, China. The new coking facility, which will cost an estimated $70 million to complete, is expected to launch production of metallurgical and chemical…

Ufp Technologies Inc (UFPT)

"I am very pleased with our strong finish to 2009," said R. Jeffrey Bailly, Chairman & CEO. "Solid demand in our medical and military markets, coupled with the positive impact of our now fully integrated acquisitions, enabled us to generate record profits." "These results are a testament to our company’s depth and our responsiveness to changing market conditions and growth opportunities," Bailly said. "Early in 2009,…

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