QUOTE AND NEWS
SeekingAlpha  Aug 28  Comment 
By Bleecker Street Research: There is an excellent story in Seth Klarman's book "Margin of Safety" about market crazes. As the story goes: There is the old story about the market craze in sardine trading when the sardines disappeared from the...
Benzinga  Aug 27  Comment 
Smith & Wesson Holding (NASDAQ: SWHC) shares declined 12.21% to $11.50 in pre-market trading after the company lowered its full-year guidance. However, the company reported in-line earnings for the fiscal first quarter. Sturm, Ruger & Co (NYSE:...
StreetInsider.com  Aug 21  Comment 
52-Week High: Hewlett-Packard Company (NYSE: HPQ) $37.35. Hewlett-Packard shares moved 6.4 percent higher Thursday after the company posted in-line Q3 results and outlook for Q4 and FY14. The company did say that Personal Systems revenue was up...
The Market Financial  Aug 21  Comment 
Many China small cap stocks are ripping higher, finally catching fire on the back of a Shanghai major rally (10%+ lately). Large caps like Baidu Inc (NASDAQ:BIDU) and Vipshop Holdings Ltd (NYSE:VIPS) have already rallied insane amounts in 2014,...
StreetInsider.com  Aug 21  Comment 
Heat Biologics, Inc. (Nasdaq: HTBX) 47.6% HIGHER; making a strong move up through the $5 level today, a mark it hasn't hit since early July. Volume of nearly 1 million shares compares with the trailing avergae of 12,850 shares. Digital Ally Inc....
StreetInsider.com  Aug 21  Comment 
The following is a list of notable articles to help get you through the lunch hour: eBay (EBAY) May Not Spin PayPal Next Year; Says Options for the Unit Always Being Explored -> Read this! First Bitcoin ATM Pops-Up in Manhattan -> Read...
TheStreet.com  Aug 21  Comment 
NEW YORK (TheStreet) --aChina Finance Onlinea hit a new 52-week high of $10.38 on Thursday on higher-than-average volume. The company announced Monday it had debuted China's first independent web-based securities trading platform called...
SeekingAlpha  Aug 21  Comment 
By 3D Analytics: Introduction China Finance Online Co. Ltd (NASDAQ:JRJC) is cheap and rapidly growing; creating monster potential for investors. The latest reported quarterly revenues rose 321 percent compared to the same period the previous...
Benzinga  Aug 21  Comment 
Kindred Biosciences (NASDAQ: KIN) fell 30.68% to $9.85 in pre-market trading after the company reported that its pivotal field study (KB010) of CereKin did not meet its primary endpoint. Stage Stores (NYSE: SSI) shares slipped 8.97% to $16.84...
SeekingAlpha  Aug 20  Comment 
By Bleecker Street Research: China Finance Online's (NASDAQ:JRJC) stock soared on Monday on the news that it was launching China's first "Integrated, Web-Based Securities Trading Service Platform." The product is the result of a strategic...




 
TOP CONTRIBUTORS

China Finance Online Co. Limited is one of the leading companies that specialize in providing online financial and listed company data and information in China . The company is one of the largest providers of stock market data to Chinese investors. Similar to a yahoo finance or marketwatch, the firms website offers retail investors information on stock prices, market dynamics, and news items. In the past, a significant amount of revenue had been collected from advertisers which bought space on the company’s website. After disappointing results, and a management change, the focus has shifted away from advertising revenue to a majority of subscription based revenue.

Business and Financials

At this point the company expects $54-61 million in revenue and $22-28 million in non-GAAP earnings. Advertising only made up 5% of total revenue in the fourth quarter as the company has started using more and more of its ad spots on the websites to promote its own products. The balance sheet is very strong with $74.7 million in cash split between RMB currency (51.1 million) and other foreign currency (23.6 million). There is no long-term debt on the books and so it appears the company has a good foundation to ride out difficult times as the market ebbs and flows.

Trends and Forces

Partnerships

One of the most latest initiatives with the potential to drive revenue is a recent partnership with the Shanghai Stock Exchange and China Telecom. With the three companies working together on technology and distribution initiatives, JRJC should get much more exposure to the growing China investor base (180 million stock trading accounts at the end of 2007) and will likely be able to convert a portion of these into paying subscribers. Telemarketing is also playing a key role in encouraging registered users to move to subscription based services. With less than one percent of users participating in subscription packages, there is a large potential base of new clients waiting to be tapped.

Finally, management announced that they have completed their acquisition of Daily Growth Investment Company which is a licensed brokerage company. JRJC should be able to promote their own brokerage through its advertising slots to the 9 million registered users. The potential for commission revenue is huge although management cautions that they do not expect this segment to pick up substantially at least until the second half of 2008. This segment has the potential to be a catalyst for higher prices along with the overall trend of the China market.




References

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