New Energy System (NEWN) Uplists to AMEX

An interesting look at recently uplisted NEWN.ob, now on the NYSE AMEX under the symbol NEWN. This article looks at NEWN and compares it to several other Small Cap China stocks that have moved up in exchange and their performance afterwards. Here is a link to the post: http://timelesswealth.net/pennystocksblog/...al-inc-amex-puda-shadow/

As of December 31, 2010, cash and cash equivalents stood at $13.1 million, up from $4.6 million as of December 31, 2009; accounts receivable was $11.2 million, compared to $9.8 million as of December 31, 2009. The Company had only $0.5 million of debt outstanding at December 31, 2010. New Energy Systems generated $21.5 million of cash flow from operations during fiscal 2010 versus $4.6 million in the same period prior year.

2011 Guidance

 

Based on the strong demand across each of its businesses, Management has provided the following guidance for 2011:

 

Revenue: $130 to $135 million

Adjusted Net Income: $24.5 to $25.5 million

Adjusted EPS: $1.69 to $1.75 (Based on 14.5 million shares outstanding)

 

KGV 2010 = 4.46 (adjusted = 3,6)

KGV 2011e = 3.1 

Meines Erachtens ein Kauf!!

 

Table of Chinese Reverse Mergers on U.S. Exchanges

geil geil geil :-)

statt 300.000 shares / Tag

3 Mio. shares soweit bis jetzt für heute...

so kommt der bogenförmige move zustande :-)

majestätisches Teil...

etwas konsolidiert... aber insgesamt wow...

solche Tage sind selten :-)

und hier ist tote hose nicht zu fassen,,,,,,,,

gut dass ich dabei war ;))

dass das Problem damit nicht gelöst ist...Short Squeeze ist zwar schön für den, der dabei war, aber die Aktie kann in 1-2 Wochen auch wieder bei 1,20 stehen, weil die Unsicherheit bei chinesichen Small and Midcaps, sogenanten Reverse Merger immer noch besteht hinsichtlich Bilanzfälschungen, ständig wechselnde CFOs und Auditoren...ich lasse hier die Finger davon, denn das ist Zocken auf hohem Niveau. 

 

 

New Energy Systems: Powerful Possibilities

Quelle:

seekingalpha.com/article/...owerful-possibilities?source=yahoo

New Energy Systems (NEWN) is a vertically integrated lithium-ion battery company that is leveraging its design capabilities to facilitate extended usage of portable electronic gadgets such as mobile phones. The company has come into its current state through a series of transformative acquisitions allowing it to span across the entire li-ion battery value chain to include capabilities in design, manufacturing and distribution.

Consumer markets are the core focus of New Energy, particularly users of Apple mobile devices and all major brands of cell phones, laptops, digital cameras, MP3s, etc.

New Energy Systems is not a traditional export ODM (original design manufacturer), rather a leading developer of products with in house marketing and design. Finished and unfinished batteries plus battery component manufacturing expertise keeps New Energy connected with leading mobile device manufacturers, such as Apple (AAPL).

China's electronics industry growth has been driven by a combination of factors that include domestic and international demand, strong government support, and a favorable business climate for attracting foreign investment and technologies.

With rising incomes and improved living conditions especially in China's urban areas, demand for personal computers, mobile phones, LCDs, home appliances, multifunctional chips, and newly emerging electronic technologies such as FPD's has grown rapidly and continues to do so. Likewise, China's inexpensive consumer electronics have attracted increasing demand from abroad.

NEWN should benefit from the growing portable electronics market in China. The increased focus on international expansion with the launch of MeePower mobile power sources in the U.S. and solar mobile chargers in Europe is expected to further stimulate growth in revenues and margins. The addressable market for li-ion batteries is expanding.

Market research firm Frost estimated the global market for li-ion batteries is expected to grow at a CAGR of 13% to reach $38 billion in 2015. New Energy can leverage its low-cost production capabilities and its branded products to capture a slice of this vast market. The Chinese li-ion battery market is highly competitive and fragmented, with numerous players targeting the OEM, domestic, and export markets.

Company Background

   Incorporated on March 27, 2001 in the State of Nevada as Jasmine's Garden, the company changed its name to China Digital Communication Group in September 2004 and to New Energy Systems Group (NEWN) during September 2009.
   On November 15, 2004, NEWN acquired Billion and its operating subsidiary Shenzhen E'Jenie Technology Development Co. The company manufactures and distributes lithium battery shells and related products through E'Jenie, mainly in China.
   On June 29, 2006, NEWN acquired Galaxy View and its wholly owned operating subsidiary Sono Digital Electronic Technologies Co. (―Sono‖), incorporated under the laws of the People's Republic of China on May 29, 2001.
   On April 24, 2007, the company disposed off Galaxy View and its 100% subsidiary Sono by transferring a 40% stake in Sono to Wang Feng and a 60% stake to Liu Changqing for $3 MM. The company had a 10-to-1 reverse stock split on July 13, 2009.
   On December 7, 2009, the company completed the acquisition of Anytone International Co. Ltd. (―Anytone International‖) and its wholly owned operating subsidiary Shenzhen Anytone Technology Co. Ltd. (―Shenzhen Anytone‖).
   On January 12, 2010, the company acquired Shenzhen NewPower Technology Co. Ltd. (―NewPower‖). The company’s subsidiary, E’Jenie, acquired NewPower, under a share exchange agreement.
   On November 10, 2010, NEWN announced the acquisition of Kim Fai Solar Energy Technology Co. Ltd. ("Kim Fai Solar"). The company’s subsidiary Anytone acquired Kim Fai Solar under a share swap deal.

Catalysts
The 2009 acquisitions of Anytone and NewPower moved NEWN into higher margin businesses, with precence across the entire li-ion battery value chain. Anytone brings significant R&D expertise and has expanded NEWN's offerings to include end-user branded products.

The latest press release confirms that Anytone can leverage its strong R&D capabilities to innovate new products to meet changing market needs, which can support NEWN's penetration into the direct-to-consumer market.

Last year NEWN entered into a distribution agreement with A-Solar, a European developer and distributor of solar-powered products for charging mobile electronics; this could be a catalyst for more international business opportunities.

During August 2010, the company announced the launch of MeePower. The success of this brand in the U.S. will further strengthen the company's international expansion.

Because of China's highly competitive and fragmented lithium battery industry I expect M&A activity in the li-ion battery space will gain momentum during the upcoming years, which will be beneficial for New Energy Systems. The company has demonstrated its ability to acquire and integrate, thereby expanding its business lines to become a bigger and more profitable enterprise.

Valuation
Management is reiterating its 2011 guidance as follows:

Revenue:
          §

$130 to $135 million
          §

Adjusted Net Income:
          §

$24.5 million to $25.5 million
          §

Adjusted EPS:
          §

$1.69 to $1.75
          §


With a stock price of $3.47 the company's P/E is below 3. By expanding its distribution and growing its brand recognition I believe NEWN can grow its revenues by at least 20% on a yearly basis.

New Energy has a healthy balance sheet with more than $10 million in cash, $95 MM shareholder equity and almost no long-term debt as of March 31, 2011.

The company deserves a higher multiple, even at a P/E multiple of 5 the target price is the double than their current level.

DIe Aktie ist ein ein echter kleiner Geheim Tip.
Das Managemnt kauft Aktien Zurück + Plus ein Aktien Rückkauf Programm

Quelle:
[url]
finance.yahoo.com/news/...ws-107253724.html?x=0&.v=1[/url]
New Energy Systems Group Announces Management Buyback Update
prnewswire

  On Wednesday July 13, 2011, 8:00 am EDT

SHENZHEN, China, July 13, 2011 /PRNewswire-Asia-FirstCall/ -- New Energy Systems Group (NYSE Amex: NEWN) ("New Energy" or the "Company"), a vertically-integrated original design manufacturer and distributor of lithium ion batteries and consumer branded backup power systems, today announced that the Company's senior management team has purchased approximately $300,000 of stock of the Company to date with personal funds.

On April 1, 2011, the Company's senior management team (including its Chairman, CEO and CFO) announced their intentions to purchase approximately $1 million of the Company's common stock in the open market. Through July 13, 2011, Mr. Yu has purchased approximately $200,000 of stock at an average price of $3.45 per share. Junfeng Chen, our CFO, has purchased approximately $100,000 of stock at an average price of $3.39 per share. Currently, the purchase of additional shares of stock of the Company by Mr. Yu and other members of the senior management team is subject to the Company's black-out period while the Company prepares its second quarter 2011 financial filings. The Company's black-out period will terminate at the end of the first full trading day after the Company reports its second quarter results in mid-August.

"I remain extremely confident in our future growth prospects," said New Energy Chairman Weihe Yu. "That is why I am using my personal funds, along with other executives on the management team, to purchase our stock at compelling prices. Over time, I believe more investors will realize the significant investment opportunity in our stock. In the meantime, our management team remains focused on executing our growth strategy."  

About New Energy Systems Group

New Energy Systems Group is a vertically integrated original design manufacturer and distributor of lithium ion batteries and backup power systems for leading manufacturers of mobile phones, laptops, digital cameras, MP3s and a variety of other portable electronics. The Company's end-user consumer products are sold under the Anytone® brand in China while it's commercial and OEM batteries and battery components are sold under New Power and E'Jenie. The fast pace of new mobile device introductions in China combined with a growing middle class make it fertile ground for New Energy's end-user consumer products, as well as its high powered, light weight lithium ion batteries. In addition to historically strong organic growth, New Energy is expected to benefit from economies of scale, broader distribution and higher profit margins in 2011. Additional information about the company is available at: www.newenergysystemsgroup.com.

Press Release Source: New Energy Systems Group On Wednesday August 10, 2011, 8:00 am

SHENZHEN, China, Aug. 10, 2011 /PRNewswire-Asia-FirstCall/ -- New Energy Systems Group (NYSE Amex: NEWN) ("New Energy" or the "Company"), a vertically-integrated original design manufacturer and distributor of lithium ion batteries and consumer branded backup power systems, today announced that it will hold its second quarter 2011 financial results conference call at 8:00 am ET on Tuesday, August 16, 2011. The Company anticipates releasing its financial results after market close on Monday, August 15, 2011.

To attend the call, please use the information below for either dial-in access or webcast access. When prompted on dial-in, ask for "New Energy Systems Group Second Quarter 2011 Conference Call".

Nach Börsen Schluss kommen heute die Q 2 Zahlen.

Da sollte heute Bewegung rein kommen++