Titulo a SEGUIR >>>
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Luka, isso tem ar de H&S...
Surfar a Tendência - Análises técnicas, oportunidades, sugestões de investimento e artigos didácticos
Titulo a SEGUIR >>>
China Finance Online Co. Limited, through its subsidiaries, specializes in online financial, and listed company data and information operations in the People's Republic of China. It offers securities market information, technical analysis, and fundamental analysis services.
FUNDAMENTALS >>>
Market Scan / Forbes
A Bet On Chinese Investors Growing Up
Shu-Ching Jean Chen, 06.12.08, 2:30 AM ET
Hong Kong - China Finance Online is trying to sell the equivalent of a Louis Vuitton handbag to people who till now have been accustomed to using free plastic bags.
The Nasdaq-listed Chinese stock market data provider is attempting to charge subscription fees, betting that the more than 70 million investors in China's young equity markets will be willing to pay for analytical tools and research.
It is a daring step its major competitors, which depend on online advertising, have so far refrained of taking.
For the most part, Chinese investors are new to the game, often buying on rumors and metrics that sound dubious to Western ears, such as a valuation yardstick based on the price of pork. (See: " The Pork Shop Guide To Investing") The management of China Finance Online believes that there is a market for more sophisticated analysis.
“Chinese investors are increasingly turning their attention to fundamentals,” Zhiwei Zhao, chief executive officer of China Finance Online (nasdaq: JRJC - news - people ), told Forbes.com. "We believe we can benefit from this trend by providing products and services that help individual investors monitor the broad market environment, analyze individual stocks' performance, follow institutional money flows and hopefully identify potential winners, in both bull market and bear market."
So far, its success remains modest. Out of the 9.80 million registered users on its two Web sites, jrj.com and stockstar.com, only 5.78% are paying for its premium services, ponying up an average of 43 yuan ($6.21) a month. Nonetheless, it surprised analysts by reporting a better than expected 34% increase in paying subscribers to 75,300 at the end of the first quarter. This came despite a 34% fall in the Shanghai Composite index from its peak in October.
Its success in signing up subscribers is in part a result of being selected as one of five companies by the Shanghai Stock Exchange to receive proprietary data, called Top View trading statistics, beginning in January. The data enables China Finance Online to get an insider’s peek into market movements, such as daily trading volume of individual stocks, best and worst performers, and the money flows of institutional investors. It also has a dedicated in-house research team that picks stocks based on Top View data. One of its latest recommendations: a textile and clothing manufacturer in Inner Mongolia whose shares institutional investors had been buying.
Such information may be publicly released in other countries, but in China, where official control of information remains tight, it is a rare commodity. The other four companies that receive the data are well-known developers of investment software.
"We believe fee-based equities analysis tools [have] decent market potential in China," JPMorgan analyst Dick X. Wei told Forbes.com. "They are the leader in the space with good new products and sales team to support the strong growth seen for the past year or so. While we think there are good revenue opportunities in online ad, given their good traffic and targeted demographics, we are encouraged to see that company focuses on its core business (subscription software) and perfect them, rather than getting near-term profit."
China Finance Online's future hinges on whether more investors will buy its services at lowered prices--between 30 yuan ($4.34) and 35 yuan ($5.06) per month--and longer term, on whether it can grow online advertising revenues, which accounted for only 6% of its first-quarter revenue.
China Finance Online was created by the U.S. venture capital investor IDG, pulling together two failed companies it did not really know how to deal with nearly a decade ago. It was listed on the Nasdaq in 2004.
In the short term, it has to live with the volatile boom and bust cycles typical of Chinese stock markets. China Finance Online’s share price has mirrored the trajectory of China’s volatile markets, with plenty of highs and lows, having touched its high of $47.68 in October 2007 when the benchmark Shanghai Composite Index reached historic heights. On Tuesday, it closed at $17.83.
TECHNICAL ANALYSIS>>>[/b]
UPTRADE QUALITY 95%, Excellent
Good trade quality is a combination of good profit, profit/loss ratio and target potential.
TARGET 1 Price: 21.97 Profit: 38.4% , for a typical rally.
Stop Limit/Trailing Stop Limit: 14.53 Loss: 8.4%
Profit/Loss Ratio: 4.6 : 1 - Excellent
TARGET 1 POTENTIAL Good, there are 1 resistance areas on the way to Target 1.
Stocks may quickly rise to Targets when there are not many resistance areas blocking the way.
TARGET 1 RESISTANCE +17.3% at 18.62 ± 1.42, type triple+, strength 9
+38.4% at 21.97 is Target 1
TARGET 2 Price: 25.32 Profit: 59.5% , Profit/Loss Ratio: 7.1 : 1 - Excellent for an extreme rally.

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Editado pela última vez por Luka! em 13/8/2008 21:15, num total de 1 vez.
... if you feel like doubling up a profitable position, slam your finger in a drawer until the feeling goes away !
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