Top China ADR Portal

China ADR stock research


Warning: strtotime(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home1/chinaves/public_html/libraries/joomla/utilities/date.php on line 56

Warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /home1/chinaves/public_html/libraries/joomla/utilities/date.php on line 198

Unforgiving Markets Cool China Stocks

E-mail Print PDF

China_flag1 November 10, 2011 (Chinavestor) Earnings season is on with most Chinese internet stocks done with 2011 Q3. While some can argue that it has been a mixed bag so far, I am of a view that the glass is at least half full. Yet Sina Corp. (NASDAQ:SINA) and Sohu.com Inc. (NASDAQ:SOHU) continued to deepen losses in the morning session today while 51job Inc. (NASDAQ:JOBS) eked out a miniscule gain.

 

Yet fundamentals tell me a different story. Let's take a look at Sina Corp. (NASDAQ:SINA), the second largest Chinese website by traffic. The company reported sound revenue growth yesterday but losses mounted due to non-cash related investment write downs and goodwill. Despite mounting paper losses, Jeffrey's maintained BUY rating of the company with target price of $128! To see where they came from, read Sina is buy on dip.

Sina Corp. Top/Bottom Line Growth

SINA_2011Q3_revearninigs


Another liquid NASDAQ listing, 51job Inc. (NASDAQ:JOBS) reported very good earnings after the close yesterday, yet the company failed to gain traction today. 51job Inc. (NASDAQ:JOBS) reported healthy top and bottom line growth, strong margins and bullish outlook. 51job 2011 Q3 shines.

51job Inc. (JOBS) Top/Bottom Line Growth

JOBS_revernings_2011Q3


Both Sina Corp. (NASDAQ:SINA) and 51job Inc. (NASDAQ:JOBS) has plenty of cash, little or no debt and sound cash flows from operation. Yet both are trading sideways at best at 1:00 P.M. on Thursday.

We understand that high beta stocks are under pressure right now, including Sohu.com Inc. (NASDAQ:SOHU). But we're fully aware that fundamentals drive stock prices ultimately, and with that these stocks offer investment opportunities for the intelligent investor.



If you like us, spread the word to the fellow investors on your favorite Social Bookmarking websites
Reddit! Del.icio.us! Mixx! Free and Open Source Software News Google! Live! Facebook! StumbleUpon! TwitThis Joomla Free PHP
 

!!! CHINAVESTOR.COM is for SALE !!!

BUY this domain with all its credentials. Chinavestor.com has been added to Google News and Finance since 2008! Huge web traffic upside potential! Website is optimized for Chinese stocks but can easily be tweaked. Contact Seller Here

sale1
G_news
Check out The Benefits of Getting into Google News!