bamboowave's Instablog I was born and raised in China, came to the U.S. to pursue graduate degree, now I am a IT consultant for more than 10 years with focus on SAP software. I started investing in stocks around Dotcom era, and has been up and down with the market. Now with a 2-year old boy in my family, wise investment is more paramount. bamboowave http://seekingalpha.com A new kid on the block - Asia Carbon Industries (ACRB) http://seekingalpha.com/instablog/873166-bamboowave/143768-a-new-kid-on-the-block-asia-carbon-industries-acrb?source=feed 143768 Asia Carbon Industries (ACRB) is in a interesting situation: the company just went public on the U.S. Bulletin Board, and received DTC eligibility. It doesn't have much trading volume, so it could be an good entry point to start accumulate some positions.

Another interesting fact is that Asia Carbon didn't go public through a reverse merger/shell transaction, rather it got public through the right way - registration with SEC. By doing that, it avoided possible future complications that have dragged some other small Chinese stocks into the water.
 
The company's main product is carbon black product, which has 2 basic uses: in tires, as carbon black is what makes rubber stronger and gives tires a black color; and to a lesser extent in ink toner cartridges for printers. Currently 89% of its sales are to automotive and related companies.
 
The company's story is simple:
 
It ties to the growing importance of the Chinese consumer. It ties to the huge and growing auto industry in China. The company generated 20 mil USD in Revenue in 2009, and it is projected to reach $29 mil in 2010.

With the expectation that China is eclipsing the U.S. as the world's biggest auto market in 2011, smaller investors now have a great opportunity to play this trend by going long with ACRB.


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Additional disclosure: I currently hold a small position in this stock.]]> Thu, 03 Mar 2011 19:56:09 -0500 Asia Carbon Industries (ACRB) is in a interesting situation: the company just went public on the U.S. Bulletin Board, and received DTC eligibility. It doesn't have much trading volume, so it could be an good entry point to start accumulate some positions.

Another interesting fact is that Asia Carbon didn't go public through a reverse merger/shell transaction, rather it got public through the right way - registration with SEC. By doing that, it avoided possible future complications that have dragged some other small Chinese stocks into the water.
 
The company's main product is carbon black product, which has 2 basic uses: in tires, as carbon black is what makes rubber stronger and gives tires a black color; and to a lesser extent in ink toner cartridges for printers. Currently 89% of its sales are to automotive and related companies.
 
The company's story is simple:
 
It ties to the growing importance of the Chinese consumer. It ties to the huge and growing auto industry in China. The company generated 20 mil USD in Revenue in 2009, and it is projected to reach $29 mil in 2010.

With the expectation that China is eclipsing the U.S. as the world's biggest auto market in 2011, smaller investors now have a great opportunity to play this trend by going long with ACRB.


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Additional disclosure: I currently hold a small position in this stock.]]>