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| Discussions for China BAK Battery Inc. | View all discussions |
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| Check out the two most recent press releases from BAK web site!- link | ||
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From: boards <stephanbrueck...@yahoo.com>
Date: Wed, 8 Jul 2009 07:09:31 -0700 (PDT)
Local: Wed, Jul 8 2009 10:09 am
Subject: Re: Check out the two most recent press releases from BAK web site!- link
Here is the second release:
http://www.bak.com.cn/touzi-xiangxi.asp?id=512&xiaolei=News%20Release
On Jul 8, 9:58 am, boards <stephanbrueck...@yahoo.com> wrote:
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From: wiskie <andy.kowie...@gmail.com>
Date: Wed, 8 Jul 2009 08:09:00 -0700 (PDT)
Subject: Re: Check out the two most recent press releases from BAK web site!- link
I'm not able to open it, but great things must be coming since this
stock keeps eating prices every day. On Jul 8, 10:09 am, boards <stephanbrueck...@yahoo.com> wrote:
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Date: Wed, 8 Jul 2009 15:47:42 -0700 (PDT)
Local: Wed, Jul 8 2009 6:47 pm
Subject: Re: Check out the two most recent press releases from BAK web site!- link
I have been invested heavily in CBAK for two years, waiting patiently
for the kind of news released in the two July 7 news releases by the company: 1) On June 24, 2009, Mr. Binggang Wang, the officer in charge of "863
This visit was authorized by Department of Industry Coordination of
Dr. Zhongyi Deng, the CBAK's R&D Department director reported our
On behalf of the National Development and Reform Commission, the
2) On June 27, 2009, a group of officials led by Mr. Zhongwen Gou, a
BAK was recommended to Mr. Gou by an American Company which produces
This suggests that both regional and national government authorities
Thank you all for alerting me to these news releases. I may add to my
Who might be this unnamed "American Company?" You must Sign in before you can post messages.
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From: wiskie <andy.kowie...@gmail.com>
Date: Thu, 9 Jul 2009 05:28:46 -0700 (PDT)
Local: Thurs, Jul 9 2009 8:28 am
Subject: Re: Check out the two most recent press releases from BAK web site!- link
I've been invested in this company for just as long, although I doubt
as heavily as you are. In any case, I feel like this is the typical news almost plaguing the company. It creates a glossy veneer and amazing outlook, but somehow, they never seem to be able to capitalize on these outstanding prospects. As always, I'm cautiously optimistic with this stock. I'd love to watch it run like it has in recent years, but sustained prices won't occur until they can create continuous revenue. For some reason, they're excellent at not doing that. Hopefully this signals a change in the winds of fortune, but I can't put any faith into a serious turn until money comes in the door. On Jul 8, 6:47 pm, "jrgriffi...@gmail.com" <jrgriffi...@gmail.com>
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Date: Thu, 9 Jul 2009 11:05:54 -0700 (PDT)
Local: Thurs, Jul 9 2009 2:05 pm
Subject: Re: Check out the two most recent press releases from BAK web site!- link
I don't think that CBAK is a regular supplier of HP, yet, despite two
years of work on CBAK's part to prepare themselves to become such. Nevertheless, CBAK is already selling a large volume of cylindrical cells and I suspect that they will have to ramp up further if HP begins to use CBAK as one of its primary suppliers of laptop and netbook batteries. For at least a year, CBAK denied that they were making power cells for automobiles. Probably true. However, it is clear that they are preparing for that day and that both Chinese auto companies and an unnamed "American Company" are following their progress carefully and very pleased with what they have seen, thus far. When that day comes, CBAK will explode. Yes, they will have to raise more funds to ramp up, but it will all be to our benefit. They will be a key player in a rapidly growing market, rather than trying to catch up to American, Japanese, and Korean companies that are already well established manufacturers and suppliers. You have to believe that Mr. Li expects to benefit from his investment of time and money, someday. On Jul 9, 5:28 am, wiskie <andy.kowie...@gmail.com> wrote:
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Date: Thu, 9 Jul 2009 13:53:42 -0700 (PDT)
Local: Thurs, Jul 9 2009 4:53 pm
Subject: Re: Check out the two most recent press releases from BAK web site!- link
The general trend of this stock has been down for the last month,
paralleling the path of the Chinese security market in general. I don't expect great things from CBAK in the near term, unless there is an unanticipated rise in earnings for the spring quarter. Chinese investors are not patient, long-term or even intermediate-term investors, in my experiencee. The company will have to begin earning money rather than simply growing market share to begin moving upwards. On Jul 9, 11:05 am, "jrgriffi...@gmail.com" <jrgriffi...@gmail.com>
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From: nosepicker <gretnagreen1...@rogers.com>
Date: Thu, 9 Jul 2009 17:10:06 -0700 (PDT)
Local: Thurs, Jul 9 2009 8:10 pm
Subject: Re: Check out the two most recent press releases from BAK web site!- link
arrrrg. this stock i have for over one year and have waited for the
tony sagamo news he said was going to make stock a big weiner..it was big weiner allright..sonamagun where are the marshmellows? On Jul 8, 6:58 am, boards <stephanbrueck...@yahoo.com> wrote:
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From: wiskie <andy.kowie...@gmail.com>
Date: Fri, 10 Jul 2009 11:13:17 -0700 (PDT)
Local: Fri, Jul 10 2009 2:13 pm
Subject: Re: Check out the two most recent press releases from BAK web site!- link
That's has been the point I've made on this board a couple of times
during the last year. I don't see how the company is going to begin earning money when they have a track record of not being able to do so? I know they have interesting prospects, but value creation is not a strong suit for them. On Jul 9, 4:53 pm, "jrgriffi...@gmail.com" <jrgriffi...@gmail.com>
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From: Robyn <rkseid...@gmail.com>
Date: Fri, 10 Jul 2009 13:07:44 -0700 (PDT)
Local: Fri, Jul 10 2009 4:07 pm
Subject: Re: Check out the two most recent press releases from BAK web site!- link
I speak as one with great expectations for this company and for my
investment in it. These hints at future big deals - HP, auto contracts, etc. - are wonderful; I expect one or more to come through "any day now" and for the stock to explode rapidly when any of them do. They are in great position to take off ... But more talk from them about these deals in progress is not what we need. What need is an actual deal announced and actual sales using their new and improved capacity. Announce a final deal with HP. Or with SAIC. Or any other major Chinese auto maker. Or that unnamed American concern (so long as it isn't ZAP! Ah, ABAT is stuck with them. Whew.) But a real in their hands deal. Until then its stock price will do a random walk pushed up and down by the overall interest in the Chinese market only. Being in a great position to take off does not help if you stay perrenially crouched in the blocks. On Jul 10, 1:13 pm, wiskie <andy.kowie...@gmail.com> wrote:
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Date: Sun, 12 Jul 2009 03:44:42 -0700 (PDT)
Local: Sun, Jul 12 2009 6:44 am
Subject: Re: Check out the two most recent press releases from BAK web site!- link
At least sales have increased and the company continues to expand --
it is now ramping up its power cell lines as it did with the cylindrical cell capacity a year ago. It has two busy, growing lines of goods: cylindrical cells for laptops and aluminum prismatic cell batteries for cell phones. It has a small but growing polymer cell business and a resurrected power cell line that is in its "sales of samples" phase but is ramping up lines to greatly expand production capacity, purportedly for power hand tools and electric bicycles, but quite possibly for electric carts, small EVs and HEVs. The EV and HEV market will transform the company. Getting HP to sign on is now just one more large evolutionary step, no longer transformative. Despite this company's past record of screwing its existing small investors in favor of large provate placements, and now pretty onerous employee stock options, I continue to believe that we will be rewarded over the next year or two, especially if there is an overall market recovery in China that is lasting. I may be stupid, but I'm hanging in there with a little more than 12% of my assets in this company. On Jul 10, 1:07 pm, Robyn <rkseid...@gmail.com> wrote:
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