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GPRC - Recycler mit günstiger Bewertung


Beiträge: 51
Zugriffe: 9.609 / Heute: 1
GUANWEI RECY. kein aktueller Kurs verfügbar
 
thekey:

GPRC - Recycler mit günstiger Bewertung

4
06.04.12 00:34
Antworten

Werbung

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thekey:

Gewinn im Jahr 2011

 
06.04.12 00:39
Das Unternehmen weist für das Jahr 2011 einen Gewinn von $0.64 auf.
D.h. das bei einem aktuellen Kurs von $1.17 mit einem lächerlichen KGV von 1.72 für 2011 bewertet sind.
Von den 20M außenstehenden Aktien sind 12M ( 60% ) in festen Händen.

Jahresbericht:
www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8517584
Antworten
thekey:

Mein Kursziel

 
06.04.12 00:42
Mein erstes Kursziel liegt zwischen $2.00 und $2.50.

Aus charttschnischer Hinsicht haben wir heute die 200er Tageslinie gebrochen.
Des Weiteren haben wir nun 2 Tage in Folge über $1 geschlossen.
8 weitere Tage sind nötig, um das Nasdaqlisting aufrecht zuhalten.
Antworten
thekey:

intraday chart

 
06.04.12 00:43
Antworten
thekey:

chart

 
06.04.12 00:58
finviz.com/chart.ashx?t=GPRC&ty=c&ta=1&p=d&s=l
Antworten
Balu4u:

Interessant

 
06.04.12 00:59
Antworten
pennystocktra.:

der chart sdieht fast so aus wie bei

 
06.04.12 01:01
clnt...komisch beide an den selben tagen gestartet hat das irgenwas mit der recycling industrie zutun.?
Antworten
thekey:

Guanwei Recycling

 
06.04.12 01:11
FUQING CITY, CHINA--(Marketwire -03/30/12)- Guanwei Recycling Corp. (the "Company") (NASDAQ: GPRC - News), China's leading clean tech manufacturer of recycled low density polyethylene (LDPE), today reported record sales and profits in 2011. Continuing strong domestic demand for the high quality, competitively priced recycled plastic manufactured at its zero discharge facility, also is expected to produce another year of record growth in 2012.

Highlights

   2011 net revenues increased 34% to a record $63,600,678 from $47,534,645 a year earlier.
   Net income in 2011 grew 29% to a record $12,793,448, or $0.64 per diluted share, compared with $9,927,396, or $0.50 per diluted share in 2010.
   The Company's annual combined raw material import quota was increased to 99,000 tons in 2011 and 115,000 tons in 2012.
   Production capacity was expanded to 80,000 tons from 65,000 tons.
   Short term debt was paid off and working capital increased at year end to $23.8 million from $13.4 million a year earlier.
   With new equipment and improved facilities, product quality was enhanced while the Company maintained its pricing advantage over virgin plastic.

Volume and Sales Price Increases

Year over year sales of self-manufactured recycled LDPE grew more than 39% to $61,900,588, reflecting increases in sales volume and pricing. Tonnage sales of manufactured recycled LDPE increased 27% from 41,478 tons a year earlier to 52,666 tons in 2011. Average selling prices increased approximately 9.6% from $1,072 per ton a year earlier to $1,175 per ton in 2011. While 2010 revenues included approximately $1.99 million in low margin sales of purchased recycled LDPE to meet customer requirements, there were no such sales in 2011.

Increased Production Capacity

During 2011, the Company continued the construction and expansion of its facilities as well as the replacement of machinery and equipment. Its capital asset expenditure for these improvements and equipment purchases was over $3.8 million. As a consequence of these significant improvements, manufacturing capacity during 2011 was increased from 65,000 tons to 80,000 tons and will continue to be enhanced in the current year.

Expanded Plastic Waste Import Quota

Of additional significance, the Company received government approval in July for expansion of its quota for imported plastic waste, the key raw material needed to manufacture recycled LDPE. In 2011, the annual quota was increased from 24,000 tons to 64,000 tons. When combined with the import quota of 35,000 tons annually which the Company has contracted with another company (Huan Li), its total quota in 2011 was 99,000 tons. For 2012, the Company received approval to increase its quota to 80,000 tons, bringing its combined total quota for the current year to 115,000 tons.

Gross Margin Down Slightly But Above 30%

While gross profit increased approximately 27% year over year in 2011 to $19.48 million, gross margins decreased to 30.64% from 32.20% a year earlier. This primarily was a consequence of an approximately 22% increase in raw material costs. In order to reduce these costs, the Company continues to develop relationships with new suppliers, primarily in Europe. Guanwei's ability to purchase raw materials directly from European suppliers -- reflecting its dedication to meeting the highest pollution and environmental standards -- continues to provide the Company with a significant competitive advantage. Additionally, the Company continues to focus on managing operating costs. In 2011, higher raw material costs were partially offset by operating expense increases that were smaller than the growth in revenues.

No Outstanding Borrowings

Shareholders' equity as of December 31, 2011 increased to approximately $45 million from $34.1 million a year earlier, reflecting among other factors a reduction in short term borrowing to zero from approximately $3.7 million a year earlier and an increase in retained earnings to $28.62 million from $15.84 million in the prior year. Total assets of $45.08 million at year end included cash and cash equivalents of $12.43 million, and accounts receivable of $4.48 million, reflecting an increased use of terms with certain customers. Inventories increased to $16.85 million, from $10.72 million a year earlier, and pre-payments and other assets of $2.10 million as of year end 2011 compared with $475,195 at the end of 2010.

Strong Growth Outlook For 2012

"2011 certainly was another banner year for our Company," Mr. Chen Min, Chairman and CEO of the Company, commented. He continued, "not only did we see core sales advance nearly 40%, but we continued to maintain gross margins above 30% and generated another strong gain on our bottom line."

"Further," he added, "through careful planning and sound execution, we were able to ratchet up our production capacity on a largely self-financed basis, and enter the new year with strong financials and no debt. Additionally, we obtained a substantial increase in our government quota for imported raw material."

"With these accomplishments," he stated, "we are confident of another year of record results in 2012. Even with an anticipated slowing in our domestic economy, we have a customer base that is well diversified, and the more than 40% price advantage our recycled plastic offers compared with virgin plastic continues to make it quite attractive."

"At the same time," Mr. Chen added, "we hope that in 2012 investor perceptions in the U.S. of Chinese companies such as ours with outstanding track records and continuing strong growth potential will begin to improve, and the patience of our shareholders will begin to be rewarded."
Antworten
thekey:

regain compliance

 
06.04.12 01:16
31-Jan-2012

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Sta


Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

On January 25, 2012, the Nasdaq Stock Market ("Nasdaq") notified Guanwei Recycling Corp. (the "Company") that it no longer complied with Nasdaq Rule 5550(a)(2) (the "Minimum Bid Price Rule"), as the closing bid price of the Company's common stock, par value $0.001 ("Common Stock"), was below the minimum $1.00 per share for the 30 consecutive trading days prior to January 25, 2012. In accordance with Nasdaq Rule 5810(c)(3)(A), the Company will be provided 180 calendar days, or until July 23, 2012, to regain compliance with the Minimum Bid Price Rule. The Company may regain compliance with the Minimum Bid Price Rule if the bid price of the Company's Common Stock closes at $1.00 per share or more for a minimum of 10 consecutive business days at any time prior to July 23, 2012.

In the event the Company does not regain compliance with the Minimum Bid Price Rule by July 23, 2012, the Company may be eligible for an additional 180-day period in which to demonstrate compliance with the Minimum Bid Price Rule, provided that the Company meets the continued listing requirements for the market value of its Common Stock and all other initial listing standards for The Nasdaq Capital Market set forth in Nasdaq Rule 5505. If the Company does not regain compliance with the Minimum Bid Price Rule prior to July 23, 2012 and is not eligible for the additional compliance period, Nasdaq will notify the Company that its Common Stock will be delisted. At that time, the Company may appeal Nasdaq's determination to delist the Company's Common Stock.

The Company intends to actively monitor the closing bid price of its Common Stock and will consider available options to regain compliance with the Minimum Bid Price Rule.
Antworten
thekey:

Friedman LLP

 
06.04.12 01:40
That is how important it is in the USA to have a well known accountant looking over your books. Investors need to have trust in the numbers and Friedman LLP provides that trust.

friedmanllp.com/partners.php

On February 7, 2012, the Company engaged Friedman LLP ("Friedman") to serve as its independent registered public accounting firm with immediate effect. The decision to engage Friedman was recommended by the Audit Committee and approved by the Board of Directors on February 6, 2012.
Antworten
thekey:

Some Due Dilligence on GPRC:

 
06.04.12 15:23
Some Due Dilligence on GPRC:

sharestructure: 8M float - 20M outstanding
EPS 2011: $0.64
P/E @$1.17: 1.83 ( thats a joke )
Book value: $1.65
www.dailyfinance.com/quote/nasdaq/guanwei-recycling/g…

companies websie: www.guanweirecycling.com/

They just recently got their 10-K behind them and blew away earnings.
By the way they have switched over to Friedman LLP which is also a very good and trustful sign of a legit company!
We have a winner here and shorts gonna have a very hard time next week imo

On February 7, 2012, the Company engaged Friedman LLP ("Friedman") to serve as its independent registered public accounting firm with immediate effect. The decision to engage Friedman was recommended by the Audit Committee and approved by the Board of Directors on February 6, 2012.

Guanwei Recycling 2011 Net Income Rose 29% on Record Revenues Up 34% Year Over Year
ih.advfn.com/p.php?pid=nmona&article=51838243


"Global Hunter changed their policy with regards to Chinese stocks, stating they wouldn't cover them unless these companies would agree to be thoroughly checked out by GeoInvesting, China 360 and other firms like that. Many companies wouldn't agree to this, not to mention the extra expense involved, but GPRC stepped up to the plate and said "no problem." They passed their review with flying colors and Global Hunter covers GPRC." Joe Natural
Antworten
thekey:

GPRC financial overview

 
06.04.12 15:50
Antworten
thekey:

GPRC $1.15x$1.16 what a screaming buy

 
09.04.12 20:18
GPRC $1.15x$1.16 what a screaming buy we have here! Chinas economy is cooling off but GPRC recycling business is rising every day cause they are doing their business with Europe ( specially with Germany )!
Antworten
thekey:

$1.24 ist ja schon mal ein netter Schlusskurs für

 
09.04.12 22:28
$1.24 ist ja schon mal ein netter Schlusskurs für morgen
Antworten
thekey:

Seeking alpha artikel spricht von einem Verdreifac

 
09.04.12 22:58
Seeking alpha artikel spricht von einem Verdreifacher!
seekingalpha.com/article/...-be-the-next-3-bagger?source=yahoo
Antworten
thekey:

GPRC $1.35 after hours weeeeeeeee

 
10.04.12 00:42
GPRC $1.35 after hours weeeeeeeee
Antworten
thekey:

Tageshoch $1.75

 
10.04.12 15:38
Tageshoch $1.75
Antworten
thekey:

I believe we gonna see $2+ today!

 
10.04.12 16:21
GPRC $1.75 has been the hod - I believe we gonna see $2+ today!
Antworten
thekey:

Verkaufsorder

 
10.04.12 16:22
Verkaufsorder würde ich bei GPRC zwischen $3.00 und $3.35 für morgen setzen
Antworten
Vollzeittrader:

Junge Junge!

 
10.04.12 16:28

Moin thekey,

also so oft, wie du ins Schwarze triffst, müsstest du ja schon Millionär sein ;)! Mal Off-topic: Hast du dir eig jemals die Finger verbrannt? Oder immer Glück gehabt?

Antworten
thekey:

@vollzeittrader

 
10.04.12 17:46
Ich war sogar schon mal bankkrott und bin daraus gestärkt wieder hervorgekommen.
Stichwort : Intershop .... NeuerMarkt...

Aktuell habe ich wirklich einen guten Lauf die richtigen Picks zu finden. Sehr gut beobachtet  :-)
Antworten
thekey:

Tageshoch

 
10.04.12 17:46
Neues Tageshoch lag heute bei $1.85
Antworten
Vollzeittrader:

Ich muss schon sagen, dass

 
10.04.12 17:50

ich persönlich durch deine Threads echt gut profitiert habe! Ich möchte mich daüfr auch mal bedanken, dass du auf aussichtsreiche Invests aufmerksam machst! Weiter so, thekey!

Werde demnächst auch mal wieder auf deinen Fersen "walken"!

Bin im Moment etwas im Graphitsektor gebunden ;)!

Schönen Tag dir noch!

Antworten
thekey:

Aktueller vorbörslicher Kurs $1.85

 
11.04.12 15:10
Aktueller vorbörslicher Kurs $1.85
Antworten
Vollzeittrader:

Nun 1.90 $, ihr Glückspilze :D

 
11.04.12 15:25
Antworten
Oettinger:

man wird aufmerksam

 
11.04.12 15:26
Phantasie ist wichtiger als Wissen, denn Wissen ist begrenzt / Albert Einstein
Antworten
thekey:

Tageshoch $1.93

 
11.04.12 15:32
Tageshoch $1.93
Antworten
Oettinger:

mehr investment research für GPRC

 
12.04.12 14:39

NEW YORK, NY -- (Marketwire) -- 04/12/12 -- Chinese small cap stocks have been red hot recently. Chinese based companies have been some of the biggest movers in the market recently, with gains for these companies ranging from 20 percent to as high as 180 percent over the past week. The Paragon Report examines the outlook for China's small cap stocks and provides investment research on SmartHeat Inc. (NASDAQ: HEAT) and Guanwei Recycling Corp. (NASDAQ: GPRC).  Access to the full company reports can be found at:  www.ParagonReport.com/HEAT www.ParagonReport.com/GPRC  While a few of these companies had their own reasons for the sudden spikes, there has been one common factor. The China Securities Regulatory Commission (CSRC) nearly tripled the quotas for qualified foreign institutional investors to 80 billion Yuan from the previous limit of 30 billion Yuan. This will allow offshore investors to inject an extra $50 billion Yuan ($7.95 billion) into the country.  Although the dollar amount was not a significant sum it was still symbolically important as it appears that China is loosening its grip on their tightly controlled capital markets. The "move is a sign of a push for greater capital account opening," said Dariusz Kowalczyk, a senior economist at Crédit Agricole in Hong Kong. "It is also a step toward attracting more foreign investment."  The Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on China's small cap stocks register with us free at www.ParagonReport.com and get exclusive access to our numerous stock reports and industry newsletters.  SmartHeat Inc., a market leader in China's clean technology, energy savings industry, announced financial results for the fiscal year ended December 31, 2011. Mainly due to goodwill impairment of $8.96 million taken in Q4 2011, the company experienced an operating loss of $8.82 million in Q42011 compared to an operating loss of $2.54 million in Q3 2011 and a net loss for Q42011 of $9.59 million compared to net loss of $4.0 million for Q3 2011. If not for one-time impairments to goodwill and inventory taken in Q4 2011, their operating loss would have resulted in operating income of approximately $3.77 million in Q4 2011 compared to operating loss of $2.54 million in Q3 2011.  Guanwei Recycling Corp., China's leading clean tech manufacturer of recycled low density polyethylene (LDPE), reported record sales and profits in 2011. Continuing strong domestic demand for the high quality, competitively priced recycled plastic manufactured at its zero discharge facility, also is expected to produce another year of record growth in 2012.  The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: http://www.ParagonReport.com/disclaimer

 

www.knobias.com/story.htm

Phantasie ist wichtiger als Wissen, denn Wissen ist begrenzt / Albert Einstein
Antworten
thekey:

GPRC $1.61x$1.62

 
12.04.12 17:18
GPRC $1.61x$1.62 Ich würde aktuell Postition glattstellen und bei $1.36 wieder investieren.
Sieht mir sehr stark nach gap fill aus.
Antworten
thekey:

Langfristig wird GPRC auch Richtung $7.00 laufen

 
13.04.12 00:53
Langfristig wird GPRC auch Richtung $7.00 laufen ich halte es allerdings im aktuellen Marktumfeld für möglich, das GPRC noch einmal von den Market Makern auf $1.35 gedrückt wird.
Bei $1.36 stehe ich bereit meine verkauften Aktien wieder einzusammeln.
Wem das traden fremd ist und das Risiko scheut sollte an seinen Aktien festhalten.
Den GPRC ist ein Wert bei dem man ruhig schlafen kann ohne am nächsten Morgen aufzuwachen um dann eine Handelsaussetzung vor Augen zu haben.
Antworten
lady luck:

schön gesagt, key. very solid, GPRC

 
14.04.12 12:17
ist nicht so ein "kiss your money and say goodbye" scam!
ich dachte, gestern, fr. 13. (omg, friday the 12th war gestern?) wird sie auf unter 1.40 fallen.
ich halte noch ein drittel meiner shares und werde nachladen, so wie klar ist, dass der neue boden erreicht war.
Antworten
lady luck:

glaub nicht mehr an pullback/gapfill unter 1.40

 
14.04.12 16:56
(...) I believe the only company above that truly deserved to run last week was Guanwei Recycling (GPRC), as the company's fundamentals are amazing when stacked up against last week's valuation that basically priced the company as if it were on the verge of bankruptcy. Its growth is accelerating, not to mention the short interest is virtually non-existent, at least based upon the most recent short interest report. The company has not been a target of short-sellers and no hit-pieces have been written in attempting to drive the stock downward.

That said, short-sellers were flocking into the stock this past Friday and again on Monday, and thus I would suspect April 15th short interest numbers might be quite startling in comparison to the most recent report. Short-sellers are still of the mindset that they get a free pass throughout the China small-cap sector, as they're very aware there's little institutional interest and that retail investors are very unlikely to create sustainable runs. Short-sellers might not want to pile on too heavy in GPRC at current levels, as they may very well get run over for a change. With regards to all the other above named companies, I think short-sellers will be just fine.

With 20 million outstanding shares and an 8 million share float since the company came public, and the company not ever having raised a dime in the capital markets, I see Guanwei beginning a climb back to a P/E of at least 5, or a stock price of $3.20 by Q3 - and even then that's dirt cheap for a rapidly growing Chinese company that's never been accused of fraud.

Lastly, let's also not forget that the original investors in the stock between $3 and $4 are still in the stock today, and that speaks volumes. Other original investors in many other Chinese companies have been fleeing as if the cops were after them, taking what they were able to salvage and calling it a day.
Antworten
thekey:

Prognose Gapfill

 
15.04.12 16:15
Ich halte weiterhin an meine Prognose Gapfill bei $1.35 fest.
Neue Kauforder wartet weiterhin bei $1.36
Antworten
lady luck:

bin gespannt!

 
15.04.12 18:27
time will tell...
bei 1.36 vor next leg up nochmal nachladen zu können würde mich natürlich auch freuen!
schaunmamal
Antworten
thekey:

Tagestief $1.42

 
16.04.12 17:36
Tagestief $1.42... noch lausige 7cent da ist das Gap endlich zu!
Kauforder steht nachwievor bei $1.36!
Antworten
lady luck:

genug gewartet! hab a bissl aufgestockt!

 
16.04.12 18:30
übrigens JOEZ @1.40 im auge behalten, ist bereits mein dritter swing seit jänner, schätze die zwei kommt bald
Antworten
thekey:

Meine $1.36 order wurde heute ausgeführt! :D

 
17.04.12 18:50
Meine $1.36 order wurde heute ausgeführt! :D
Antworten
thekey:

ALERT: GPRC $1.35 gap filled

 
17.04.12 19:07
ALERT: GPRC $1.35 gap filled
Antworten
lady luck:

congrats ;)

 
17.04.12 20:18
bin jetzt erst pari. egal! nun aber ohne pullbacks gemütlich auf die 2 bitte!
cprz swingt auch wieder auf die 6 impo
Antworten
lady luck:

clnt meinte ich natürlich

 
17.04.12 20:19
Antworten
thekey:

Tageshoch $1.47

 
18.04.12 16:20
Tageshoch $1.47
Antworten
thekey:

Tageshoch $1.62

 
23.04.12 16:41
Tageshoch $1.62
Antworten
thekey:

GPRC Regains NASDAQ Compliance

 
24.04.12 13:45
FUQING CITY, CHINA, Apr 24, 2012 (MARKETWIRE via COMTEX) -- Guanwei Recycling Corp. (the "Company") (NASDAQ: GPRC), China's leading clean tech manufacturer of recycled low density polyethylene (LDPE), reported today that with the price of its shares having maintained a closing bid price of $1.00 or more for more than ten consecutive business days, the Company has been notified by NASDAQ it has regained compliance with Listing Rule 5550 (a) (2).

Description of Guanwei Recycling Corp.

Guanwei Recycling Corp. is China's largest manufacturer of recycled low density polyethylene (LDPE). Adhering to the highest "green" standards, it has generated rapid growth producing LDPE from plastic waste procured mostly in Europe for sales to more than 300 customers in ten different industries in China. Guanwei Recycling Corp. is one of the few plastic recyclers in China that has been audited by German authorities, most recently Umweltagentur Erftstadt, for compliance with German pollution and environmental standards. This allows the company to procure high quality plastic waste directly from Germany and other European countries (Spain and Holland), with no middlemen, and permits highly economic production of the highest grades of LDPE. Additional information regarding Guanwei Recycling Corp. is available at www.guanweirecycling.com.

Information Regarding Forward-Looking Statements

Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause our actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product demand, market competition, and risks inherent in our operations. These and other risks are described in our filings with the U.S. Securities and Exchange Commission.

US Contact:
Ken Donenfeld
DGI Investor Relations
kdonenfeld@dgiir.com
Tel: 212-425-5700
Fax: 646-381-9727



SOURCE: Guanwei Recycling Corp.

CONTACT: mailto:kdonenfeld@dgiir.com


Copyright 2012 Marketwire, Inc., All rights reserved.

-0-

SUBJECT CODE: Chemicals:Plastics and fibers
Environment:Hazardous Materials Management
Environment:Waste Management
Antworten
thekey:

GPRC

 
25.04.12 22:11
Guanwei Recycling Announces Debt Conversion Agreement

Shares Are Issued to Hong Kong Based Chenxin International as Payment for Accrued Guanwei Expenses

FUQING CITY, CHINA, Apr 25, 2012 (MARKETWIRE via COMTEX) -- Guanwei Recycling Corp. (the "Company" or "Guanwei") (NASDAQ: GPRC), China's leading clean tech manufacturer of recycled low density polyethylene (LDPE), today announced the execution of a debt conversion agreement with Chenxin International Limited ("Chenxin"), a Hong Kong company and shareholder of the Company which is controlled by Mr. Rui Wang, a director of the Company. Pursuant to the agreement, all expenses previously paid by Chenxin on behalf of the Company, totaling $1,468,167, shall be cancelled in exchange for the issuance by the Company to Chenxin of 815,684 shares of Guanwei's common stock, or $1.80 per share.

Continuing Confidence in Our Future

Mr. Chen Min, Chairman and CEO of Guanwei, commented, "We are most appreciative of the long time support we have received from our director and friend, Mr. Rui Wang, who in another demonstration of his confidence in our future has agreed to this conversion at a small premium to the current price of our shares and also has expressed his continuing interest in remaining a long term shareholder. With this conversion, the Company is able to avoid a lump sum cash payment, further strengthening our cash position. We also are further advancing our corporate governance practices by terminating transactions that are common business practice in China, but may not be viewed favorably by U.S. investors."

Conversion at an Approximately 20% Premium

The Company explained further that the expenses accrued by Chenxin since 2009, with no interest charges to Guanwei, have been reflected in Guanwei's most recent balance sheet as "outstanding amounts due to a shareholder," and mainly are for the payment of U.S. legal and professional fees relating to the Company's U.S. listing, which could not be paid in RMB (China's currency). The oral arrangement with Chenxin, based on a longstanding friendship and business relationship between Mr. Wang and Guanwei's founder, Mr. Chin Min, was in place before Guanwei went public, and continued as a means to legally expedite non-RMB payments. The Company noted further that the agreed conversion at a share price of $1.80, represents an approximate 20% premium to yesterday's closing price of the Company's shares on NASDAQ.

Description of Guanwei Recycling Corp.

Guanwei Recycling Corp. is China's largest manufacturer of recycled low density polyethylene (LDPE). Adhering to the highest "green" standards, it has generated rapid growth producing LDPE from plastic waste procured mostly in Europe for sales to more than 300 customers in ten different industries in China. Guanwei Recycling Corp. is one of the few plastic recyclers in China that has been audited by German authorities, most recently Umweltagentur Erftstadt, for compliance with German pollution and environmental standards. This allows the company to procure high quality plastic waste directly from Germany and other European countries (Spain and Holland), with no middlemen, and permits highly economic production of the highest grades of LDPE. Additional information regarding Guanwei Recycling Corp. is available at www.guanweirecycling.com.

Information Regarding Forward-Looking Statements

Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause our actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product demand, market competition, and risks inherent in our operations. These and other risks are described in our filings with the U.S. Securities and Exchange Commission.

US Contact:
Ken Donenfeld
DGI Investor Relations
kdonenfeld@dgiir.com
Tel: 212-425-5700
Fax: 646-381-9727



SOURCE: Guanwei Recycling Corp.

CONTACT: mailto:kdonenfeld@dgiir.com


Copyright 2012 Marketwire, Inc., All rights reserved.

-0-

SUBJECT CODE: Chemicals:Plastics and fibers
Environment:Hazardous Materials Management
Environment:Waste Management
Antworten
thekey:

GPRC sollte morgen

 
25.04.12 23:40
GPRC sollte morgen mindestens Richtung $1.80 laufen
Antworten
thekey:

Quarter Investor Conference Call to Be Held Wednes

 
10.05.12 15:05
GPRC $1.23 news: time for a bounce imo - Guanwei Recycling Corp. 2012 First Quarter Investor Conference Call to Be Held Wednesday, May 16th at 8:00 am EDT finance.yahoo.com/news/...cling-corp-2012-first-113000580.html
Antworten
thekey:

SK heute $1.70

 
11.05.12 23:42
SK heute $1.70 weeeeeeeeeee
Antworten
thekey:

Golden Cross

 
12.05.12 15:13
Golden Cross
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thekey:

Unter $1.00 aktuell

 
11.06.12 11:54
Schnäppchen!
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lady luck:

GPRC @USD 0.69_Q212 Earnings out!

 
15.08.12 17:07
In the first six months of 2012, revenues from sales of recycled LDPE were up 3.85% to $30,455,090, while total sales including non-LDPE materials ($949,128) and the resale of raw materials ($3,462,210) were $34,866,428, a 16.61% increase over the same period last year. Average recycled LDPE selling prices in the 2012 first half increased 4.84% to $1,212 per ton and tonnage sales declined 0.91% to 25,138 tons.

seekingalpha.com/news-article/...s-2012-second-quarter-results
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lady luck:

rollercoaster 0.68 -1,03 - 0.69

 
16.08.12 17:12
sollte GPRC in den nächsten Tagen keinen nachhaltig positive entwicklung haben, verabschiede ich mich gleich wieder mit meinen 0.69ern
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