jetzt 0,92 Cent heute abend 3 Euro - 500 Beiträge pro Seite

[niumpica]

Grand Toys Intl (Nasdaq:GRIN) der optisch billigste China play am Nasdaq
ist gestern um satte 35% angezogen. Daytrader in den USA entdecken den Wert gerade als Sideplay zur Aktie EFUT (Efuture). Efuture ist seit Listing von 7$ auf 30$ in nur 10 Tagen gestiegen. Was EFUT schon gelaufen ist sollte GRIN heute bzw morgen nachholen. Dieser Wert wird
in diversen Broakerboards als das heißeste Eisen dieser Woche gehandelt. Schon heute abend wird es verdammt schwierig werden in diesen Wert noch zu halbwegs normalen Preisen reinzukommen. Die Amis jedenfalls sind momentan komplett am durchticken was China lastige Aktien betrifft.

Vergebe deshalb für diese Aktie das "NIUMPICA TRADING ALERT"
mit den letzten 4 Trading Alerts konnten anleger Gewinne von 50-150% einstreichen.

[/img]


Risiko-Hinweis

Die Artikel stellen keinesfalls eine Aufforderung zum Kauf oder Verkauf eines Wertpapiers dar. Die veröffentlichten Informationen geben lediglich einen Einblick in die Meinung der von mir bzw. Dritter.

[JAY25]

[zooropa]

umsätze sind hier für den arsch...lass ich die finger davon

[niumpica]

Hier noch warum GRIN gerade jetzt einer der heißesten Plays am Nasdaq ist: GRIN hat bis zum 15 November Zeit die Zahlen fürs Jahr 2005 zu bringen sonst werden sie delistet. GRIN hat diesen Aufschub fürs Earningsrelease gebraucht da die Firma letztes Jahr 2 profitable Firmen zugekauft (Hua Yang and Kord) zu einem Kaufpreis von 44 Mio$. berechnet man die Earnings der beiden Zukäufe so erhält man 120 Mio Sales 3,8 MM Profit oder 0.25 Cent per share welche bei einer Marketcap von 18,4 Mio den stock beim jetzigen momentanen Chinahype abgehen lassen werden wie eine Rakete.

Natürlich besteht auch das Risiko das GRIN die Zahlen nicht bis zum
15 November meldet und damit an die OTC gehen muß. Für euch ja kein Problem da ihr eh nur OTC Klitschen zockt. Der Kurs wird sollte GRIN delistet werden wohl etwas nachgeben beim Value der beiden Aquisitionen wird das nicht sehr viel sein

Chance:Risiko Verhältnis absolut super

Performance Beispiele von China Aktien am Nasdaq
EFUT on 10 auf 30$ (3 Tage)
CTDC von 5.58 auf 8,6$ (3 Tage)
CAAS von 7,75 auf 10,9 (ein Tag)

GRIN ist mit 1.15$ die optisch billigste China Aktie am Nasdaq
und wird sollte das obige Szenario eintreten mit einen 0,25 Earnings per share zischen wie Wasser auf heißer Herdplatte





Hong Kong – December 12, 2005. Grand Toys International Limited (Nasdaq: GRIN) today announced that a meeting to vote on the acquisition of Hua Yang Holdings Co., Ltd. and Kord Holdings, Inc. has been set for Thursday, December 22, 2005. A proxy statement containing detailed information about the proposed acquisition and soliciting voting instructions in favor of the transaction has been sent to ADS holders. If the acquisition and related matters are approved at the meeting, the acquisition is expected to close on Friday December 23, 2005.



About Hua Yang



Hua Yang provides specialty printing of children’s books and games, and produces toy and gift marketing-related specialty printing and packaging. Its four main activities are: designing and producing a range of paper-based novelty items such as pop-up books, touch-and-feel books and board books for major publishers in the US, UK and Europe; producing jigsaw puzzles and board games primarily for third parties; designing and producing toy packaging products for the mass market; and designing and producing promotional perfumeries packaging, value-added gift packaging, high-end fashion packaging and confectionary packaging for luxury branded goods customers. For the year ended December 31, 2004, Hua Yang’s revenues were $41.2 million, its operating loss was $846,000 and it had a net loss of $1.4 million. Reflecting the efforts of Hua Yang’s new owner, for the nine months ended September 30, 2005, revenues were $38.3 million, its operating income was $2.6 million and it had net profit of $1.6 million. Hua Yang’s management estimates that for the year ending December 31, 2005, revenue will be approximately $48.0 million, operating income will be approximately $3.4 million and net profit will be approximately $2.0 million.





About Kord



Kord is one of the world’s largest party goods manufacturers with over 3,000 employees and over 500,000 square feet of manufacturing space. Kord produces a broad range of party and paper goods and offers comprehensive lines of party products and accessories to major importers and superstores, either under its proprietary Kord brand, or as a contract manufacturer for well know brands. Kord has over 20,000 designs in key product groups, including generic party products, decorative products, disposable products and latex masks. For the year ended December 31, 2004, Kord’s revenues were $21.5 million, its operating income was $1.9 million and it had net profit of $1.4 million. Reflecting the efforts of Kord’s new owner, for the nine months ended September 30, 2005, revenues were $21.5 million, its operating income was $1.3 million and it had net profit of $1.2 million. Kord’s management estimates that for the year ending December 31, 2005, revenue will be approximately $27 million, operating income will be approximately $2.1 million and net profit will be approximately $1.8 million.



Reasons for the Acquisition



Grand believes that there are a number of compelling reasons to make the acquisition. First, Grand will benefit from the strong financial performance and asset base of both Hua Yang and Kord. Also, our management has become very familiar with the operations of Hua Yang and Kord since they were acquired by Mr. Jeff Hsieh Cheng, who beneficially owns a majority of Grand’s ADSs, in the late spring of 2004. Of greater importance, the acquisition gives Grand an entrée into the lucrative publishing and party goods businesses thereby further diversifying its business operations within the toy and toy-related industries. Finally, the manufacturing operations of Hua Yang and Kord will help to complete our vision of a vertically integrated company and give us significant additional capacity for new business.



Other Considerations



The purchase price for Hua Yang and Kord is $44.0 million. Grand received an opinion from an independent financial advisor that this consideration is fair from a financial point of view to the owners of Grand’s ADSs. Grand will pay for this by issuing approximately $41.7 million of Series B Convertible Preference Shares which will be convertible to approximately 29,195,701 Grand ADSs after one year, and forgiving approximately $2.3 million of net indebtedness owed to Grand. The Series B Convertible Preference Shares carry a 4.75% dividend to be paid semi-annually in either Grand ADSs or cash.



Elliot Bier, Grand’s Vice Chairman and Deputy Chief Executive Officer stated “I am very pleased that we are on target to complete this acquisition before the end of 2005. It completes Grand’s strategy of closing two major acquisitions during 2005. Our acquisition of International Playthings, Inc. earlier in the year set up a strong distribution base in the United States. Now we will end our year with the acquisition of two major Chinese-based manufacturing operations that allows us to expand in the toy and toy-related industries. We believe that the acquisitions will be accretive in nature and will certainly be evidenced in 2006 and beyond.”



“Because Grand, Hua Yang and Kord are all companies under the common control of Mr. Hsieh, the acquisition will be deemed to have occurred for accounting purposes on the dates that Hua Yang and Kord were originally acquired by entities under Mr. Hsieh’s control. Accordingly, Grand’s financial statements for the 2004 and 2005 years will be restated to give effect to the acquisition of Hua Yang and Kord as if they had taken place in May 2004 and June 2004, respectively. The value that Cornerstone Beststep receives from Grand in excess of its current basis in Hua Yang and Kord will create a “deemed dividend” that will be recorded in 2005. The deemed dividend is a non-cash one-time charge of approximately $10.5 million on Grand’s 2005 financial statements. In addition, any costs related to Grand’s acquisition of Hua Yang and Kord are considered to be restructuring costs and must be expensed in 2005 rather than capitalized as would be the case in a typical acquisition. These costs are estimated to be approximately $500,000. These charges will result in Grand reporting a net loss for the year ending December 31, 2005, but 2006 and future periods will reap the full benefits of the acquisition with no negative acquisition-related charges.”



Looking ahead to the new year, Grand will continue to look for licensing and distribution opportunities, as well as other potential acquisitions that will continue to provide increased value to all our shareholders.”





About Grand Toys International Limited: Grand Toys International Limited is a newly reorganized International company resulting from the acquisition of Playwell International Limited in August 2004 and International Playthings, Inc. in March 2005. Grand Toys, through its US and foreign operating subsidiaries, develops, distributes and supervises the out-sourced manufacturing of toy and toy related products throughout the world. Grand Toys’ operating subsidiaries have been in continuous operation for up to 45 years. Grand Toys’ strategy is to grow by expanding its proprietary products, adding licenses and acquiring complementary companies. Grand Toys’ goal is to become a leading manufacturer, developer and marketer of toy and toy related products throughout the world.



Additional information on Grand can be found on its website at www.grand.com. Additional information on Hua Yang can be found on www.huayangprinting.com. Additional information on Kord can be found on www.kordparty.com.

Additional information on International Playthings, Inc. can be found on its website at www.intplay.com.



This news release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on Grand Toys management’s current expectations and are subject to risks and uncertainties and changes in circumstances. All forward-looking statements included in this press release are based upon information available to Grand Toys as of the date of the press release, and it assumes no obligation to update or alter its forward looking statements whether as a result of new information, future events or otherwise. Further information on risks or other factors that could affect Grand Toys’ results of operations is detailed in the filings of Grand Toys International Limited with the SEC, and the filings of its predecessor, Grand Toys International, Inc., now a subsidiary of Grand Toys International Limited.

Risiko-Hinweis

Die Artikel stellen keinesfalls eine Aufforderung zum Kauf oder Verkauf eines Wertpapiers dar. Die veröffentlichten Informationen geben lediglich einen Einblick in die Meinung der von mir bzw. Dritter.

[gled77]

was wären denn halbwegs normale preise?

[niumpica]

wenn die 0,25 Cent melden knallen die auf 5$ schon in der Vorbörse

[gled77]

hm!

[shadia]

das war wohl doch (noch) nichts gestern?

[gled77]

wie das halt so ist - gestern noch nicht und heute vielleicht! - also noch 14 stunden plus 7 aus amerika..

[shadia]

nachbörsliche news:

Source: Grand Toys International Limited


Grand Toys Reports 2005 Financial Results
Wednesday November 15, 5:35 pm ET


HONG KONG, Nov. 15 /PRNewswire-FirstCall/ -- Grand Toys International Limited (Nasdaq: GRIN - News) today announced its financial results for the year ended December 31, 2005.
Since Grand completed its reorganization merger and Playwell Acquisition in 2004, Grand has made several acquisitions. The dates that the financial operations of each of its significant subsidiaries are being reported within Grand's consolidated financial statements are:


-- May 24, 2004 Hua Yang Holdings Co., Ltd.
-- June 30, 2004 Kord Holdings, Inc.
-- August 16, 2004 Grand Toys International Inc.
-- February 1, 2005 Eastern Raiser Printing Company Limited acquired
directly by Hua Yang Holdings Co., Ltd.
-- March 1, 2005 International Playthings, Inc.

As required under generally accepted accounting principles for entities under common control, Grand also restated its 2004 financial statements to include the operations of recently acquired Hua Yang Holdings Co., Ltd. and Kord Holdings, Inc., effective from the dates that they were acquired by companies owned by Mr. Jeff Hsieh, Grand's majority shareholder.

Due to the accounting treatment required as a result of the common control, Grand reported a non-cash deemed dividend of $12.8 million in the year 2005 related to the Hua Yang and Kord acquisitions. Also in 2005, Grand reported a non-cash deemed dividend of $991,000 related to the value of the Series A Preference Shares issued to a company controlled by Mr. Hsieh to finance the IPI acquisition.

Net sales for the twelve months ended December 31, 2005 were $131.3 million, compared to $75.5 million for the restated 2004 period. The gross profit percentage increased to 24% for the period ended December 31, 2005, compared to 20% for the restated 2004 period. EBITDA decreased from $4.2 million for the 2004 period to a loss of $9.0 million for the period ended December 31, 2005. The loss from operations for 2005 was $17.1 million, compared to a loss from operations of $189,000 in the restated 2004 period. Included in the 2005 operating expenses is approximately $15.4 million of one- time charges that includes $13.3 million for impairment of assets resulting primarily from the discontinuance of certain licenses in North America, expenses related to an abandoned acquisition, royalty write-offs, severance costs, expenses related to a change in depreciation policy and certain acquisition costs. As a result of the deemed dividend and the non-recurring charges incurred in 2005, the reported net loss is approximately $31.3 million, or ($1.94) per basic ADS, for the twelve months ended December 31, 2005. This compares to a net loss of $59,000, or ($0.00) per basic ADS, for the twelve months ended December 31, 2004. Without the non-cash deemed dividends and the one-time charges, Grand would have a net loss of $2.1 million, or ($0.13) per basic ADS, and adjusted EBITDA of approximately $6.4 million for the twelve months ended December 31, 2005.

Jeff Hsieh, Chief Executive Officer of Grand, noted, "2005 was another year of transition and expansion for Grand. We are very pleased with the sales and market growth that Grand is experiencing as a result of our three newly acquired companies. IPI has allowed Grand to significantly and profitably expand our presence and distribution capabilities in the US market. Hua Yang and Kord have brought significant PRC manufacturing resources to our group and added new businesses to our group in the printing, packaging and party goods areas. The costs involved with seeking out acquisitions, purchasing these businesses and transitioning them into Grand's group were relatively high in 2005, but this was essential to ensure that Grand was properly structured for the future and long-term growth. We continue to deal with the rapidly changing landscape in the toy and toy-related areas and as we re-evaluate all of Grand's operating divisions, we will incur certain costs in 2006 while we restructure Grand and focus our efforts and resources on the more profitable and risk averse operations within the Grand group."

About Grand Toys International Limited: Grand Toys International Limited is a newly reorganized International company resulting from the acquisition of Playwell International Limited in August 2004, International Playthings, Inc. in March 2005 and Hua Yang Holdings Co., Ltd. and Kord Holdings, Inc. in December 2005. Grand, through its Hong Kong, US and Canadian operating subsidiaries, develops, manufactures and distributes toy and toy related products throughout the world; prints and assembles books and specialty packaging; and develops, manufactures and distributes party goods. Grand's operating subsidiaries have been in continuous operation for up to 45 years. Grand's goal is to become a leading manufacturer, developer, and marketer of toy and toy related products throughout the world. (Nasdaq: GRIN - News) www.grand.com, also www.intplay.com, www.huayangprinting.com and www.kordparty.com.

This news release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on Grand Toys management's current expectations and are subject to risks and uncertainties and changes in circumstances. All forward- looking statements included in this press release are based upon information available to Grand Toys as of the date of the press release, and it assumes no obligation to update or alter its forward- looking statements whether as a result of new information, future events or otherwise. Further information on risks or other factors that could affect Grand Toys' results of operations is detailed in the filings of Grand Toys International Limited with the SEC.




Balance Sheet Data: (audited) December 31, 2005 December 31, 2004

Total assets $118,628,259 $106,148,089
Working capital 4,751,110 9,010,782
Total shareholders' equity 48,662,081 58,430,350


CONSOLIDATED STATEMENTS OF OPERATIONS (in US$) (audited)
Twelve Months Ended December 31,
2005 2004

Net sales $131,329,529 75,532,871
Cost of goods sold 99,506,552 60,458,768
Gross profit 31,822,977 15,074,103
Gross profit % 24.23% 19.96%

General and administrative expenses 23,492,605 9,490,171
Selling and distribution expenses 9,886,407 3,317,275
Depreciation and amortization 2,697,431 1,564,595
Impairment on intangible assets
and goodwill 12,487,867 -
Other operating income (1,918,250) (482,312)
Operating (loss) income (14,823,083) 1,184,374
Operating income % (11.29%) 1.58%

Interest expense, net 1,884,214 418,983
Other non-operating expense 25,477 31,785
(Loss) earnings before taxes (16,732,774) 733,606
Income tax expense 235,930 792,491
(Loss) earnings from continuing
operations (16,968,704) (58,885)
Earnings from continuing
operations % (12.92%) (0.00%)

Dividends (14,357,692) -

Net (loss) earnings available to
ADS holders $(31,326,396) $(58,885)

(Loss) earnings per ADS:
Basic $(1.94) $(0.00)
Diluted (1.94) (0.00)

Weighted average ADS outstanding:
Basic 16,137,667 12,092,592
Diluted 18,191,015 12,807,160

In this Press Release, Grand discusses financial measures in accordance with GAAP and also on a non-GAAP basis. Grand's definition of EBITDA is earnings before interest, income taxes, depreciation and amortization. Grand's definition of Adjusted EBITDA is (loss) earnings before interest, income taxes, depreciation and amortization and material one-time charges such as impairment on intangible assets and goodwill, impairment loss and write-off of fixed assets, abandoned acquisition costs, license write-offs, severance costs, etc. All references in this press release to EBITDA and Adjusted EBITDA are to a non-GAAP financial measure. EBITDA and Adjusted EBITDA, measures widely used among toy related businesses, are used because management believes that it is an effective way of monitoring the operating performance of our company relative to the industry. Additionally, Grand believes that the use of non-GAAP financial measures enables it and investors to evaluate, and compare from period to period, the results from ongoing operations in a more meaningful and consistent manner.

Reconciliations of GAAP to Non-GAAP financial measures are provided below.



Reconciliation of Earnings before interest, taxes, amortization and
depreciation (EBITDA):

Twelve months ended December 31,
2005 2004

Net (loss) earnings $(31,326,396) $(58,885)
Dividends 14,357,692 -
Interest expense, net 1,884,214 418,983
Income tax expense 235,930 792,491
Depreciation and amortization in General
and administrative expenses 2,697,431 1,564,595
Depreciation and amortization in
Cost of goods sold 3,172,113 1,445,179
EBITDA $(8,979,016) $4,162,363

Material One-time charges in 2005
Impairment loss and write-off of fixed
assets (included in G&A expenses) 765,712
Impairment on intangible assets and goodwill 12,487,867 -
Other one-time charges 2,136,000 -
Adjusted EBITDA $6,410,563 $4,162,363


CONTACT:
David J. Fremed
Chief Financial Officer
E-mail : [e-mail]

[shadia]

stimmung ist nun wohl getrüb?

[shadia]

man bin ich froh, dass ich ein paar habe.

[niumpica]

der absolute GRIN hype läßt nach wie vor auf sich warten kommt er überhaupt noch oder dümpelt die Grand Toys Aktie weiter in einer Range um die 1 $ Marke. Letzter Schlußkurs von 1,45$ gibt Hoffnung.

Anleger welche diese Aktie momentan im Depot haben besitzen nach wie vor eines der heißesten Eisen der Nasdaq.

Noch ist der ultimative Flip auf 3-5$ in kürzester Zeit keine Illusion Chance Risiko Verhältnis nach wie vor sehr gut. Nach einem letzten Test der 1$ Marke von oben sollte die Party beginnen.

Gruß Euer Niumpica GURU

[shadia]

sind die pleite , oder was ist los?