WhisperFromWallStreet CIEC Alert
I have a OTC company with GREAT revenue and growth. Rarely do you
see OTC companies this big.
This company did $177 MILLION in revenue last year!!!!
The company’s sales have grown by 85% over the past year! And it’s
revenues are up over 70% for the first quarter of this year!
My new alert is Chisen Electric Corporation, CIEC, and the stock
closed today at $5.80.
Please begin your research here http://www.chisenelectric.com/ and
Here are a few facts to get you started.
CIEC is a leading battery producer for the personal transportation
CIEC’s battery products are sold under its own brand names and are
predominantly used in electric bicycles.
Electric Bicycles themselves have become a popular means of
transportation due to the ease of travel.
China’s electric bicycle market grew to approximately 100 million
units in 2009 and are expected to grow by 20% to approximately 120
million vehicles in 2010.
For fiscal year ending March 31st, 2010 Units Sold Increased 85.64%!
CIEC manufactured more than 14.48 million batteries and has
approximately 11.84% market share in China for fiscal year ended
March 31, 2010,
CIEC saw a 62.53% increase in revenues to $177,192,000 in 2010 up
from $109,020,000 in 2009.
Results for Q1 2011 look even better. CIEC’s revenues increased
71.1% to $50,429,000 and units sold in increased 61% to 4,017,000.
CIEC is growing very quickly. CIEC is opening two new plants and is
receiving funding for this from the local governments.
The government will compensate Chisen a total of RMB 117,202,100,
or US $14,120,735 for obtaining the land-use rights to and agreeing
to relocate its manufacturing to a new location.
The second plant is expected to be completed within two year and
will house a new business for CIEC,the production and sale of
lithium ion batteries.
Why you may like CIEC as a trade:
There is HUGE growth in the electric vehicle market in China.
CIEC has strong market share and is expanding at a rapid rate.
CIEC has strong financials and they are getting stronger.
As better numbers come in throughout the year, and more investors
become familiar with CIEC the stock should react to that.
CIEC has traded as high as $8 it looks poised to reach back to
Get ready to book profits with CIEC.
As always do your own research, always use stop loss orders to
protect yourself, and book your profits when in a position to do so.
If you do not trade with a broker that allows stops GET ONE.
ChoiceTrades does allow stops and they only charge $5 commissions
on OTC stocks. Open an account by following this link.
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