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China Auto Logistics (CALI +70%) soars after the Nasdaq Stock Market notified it that it has...

China Auto Logistics (CALI +70%) soars after the Nasdaq Stock Market notified it that it has regained compliance with it's minimum bid price continued listing requirement, as a result of its closing bid price at or above the minimum requirement of $1 per share for at least 10 consecutive trading days.
Comments (2)
  • Nahodny Okoloiduci
    , contributor
    Comments (142) | Send Message
     
    i see no logic here
    7 Nov 2012, 03:46 PM Reply Like
  • Stockfather
    , contributor
    Comments (4) | Send Message
     
    CALI seems to be grossly undervalued trading below EPS

     

    I think there could be a good chance we see it go private in the near future because of how undervalued it currently is on the US market.

     

    It just recently did a 1 for 6 R/S to stay listed on the nasdaq so i find it unlikely they could go "dark" anytime soon...

     

    Revenue 501.26m
    Net income 6.90m
    Incorporated 2005
    Employees 152

     

    Average volume 61.85k
    Shares outstanding 3.69m
    Free float 2.05m
    P/E 0.90
    Market cap 6.28m
    EPS 1.88
    Cash flow per share 2.02
    Book value per share 16.06
    11 Nov 2012, 06:43 PM Reply Like
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