ACLO — ACL Semiconductors Inc.

[s&d]

http://www.acl-semicon.com

Società di Hong Kong attiva nella distribuzione di memorie.
Flottante basso e bilancio più che in ordine.
A seguire gli ultimi due comunicati rilasciati ed il link all'ultimo quarto pubblicato.

ACL Semiconductors Chairman's Letter to Shareholders:

--Increased Communications, Increasing Revenues, Increasing Profits

HONG KONG, Sept 21, 2009 /PRNewswire-FirstCall via COMTEX/ -- ACL Semiconductors, Inc. (OTC Bulletin Board: ACLO), one of Asia's largest distributors of memory chip products, today announced that its Chairman and CEO, Alan Yang, has written a Chairman's letter to all shareholders about the Company's recent accomplishments and future objectives.

The letter has been posted on the Company's web site at www.acl-semicon.com. It is reproduced here in full:

Dear Fellow Shareholder:

I thank you for your loyalty and would like to take this opportunity to update each of you as to the progress we've made in 2009 and outline plans for the future.

This letter is in furtherance of our policy to keep our shareholders fully and timely informed as to our progress and material developments and make such information available to the investment community through our investor relations program.

To date, unlike others in our industry that have stumbled and failed, we are surviving a worldwide financial crises and emerging as a more dominant firm. In the beginning of 2009 we set goals to increase sales and margins, while reducing debt and achieving better financial results. I am pleased with our recent publicly released financial reports and want you to know that the Company is working very hard to sustain our progress. We have targeted new customers and believe we can increase market share by adding additional customers that desire a reliable, sophisticated and value-added distributor. This, we believe, will aid in our continued goal of posting higher revenue and sustaining higher margins.

For those not familiar with ACL Semiconductors, we are a principal distributor of memory chip products sold under the Samsung brand name in Hong Kong and the southern region of the People's Republic of China. Products include synchronous dynamic random access memory, graphic random access memory, and flash products. These components are used in IT products such as computer peripherals, digital cameras, Wi-Fi products, modems, DVD players, mobile phones, and digital TVs, among other products. In our industry, we are one of a few companies with more than 20 years of operating experience.

ACL Semiconductors has 28.3 million shares outstanding. The public float is 5.5 million shares. It was recently announced second quarter sales up 64 percent to $74 million because of strong demand for Samsung memory products. We believe the worldwide recession is ending in the locations of the world that we service. Net income in the second quarter topped $900,000, or $0.03 per diluted share. Going forward, we anticipate even better results for the rest of this year and into 2010.

We are pleased that our loyal shareholders have remained with us and we are working every day to reward them. And we want to attract new investors by telling our story, telling it well, and then awakening the next day to tell it again. We are very proud of our achievements.














ACL Semiconductors Sales Up 44 Percent in 3rd Quarter to $74 Million

---- Net Income Totals $2.4 Million; $0.08 Per Share for Nine Months --

KOWLOON, HONG KONG, Nov 24, 2009 /PRNewswire-FirstCall via COMTEX/ -- ACL Semiconductors, Inc. (OTC Bulletin Board: ACLO), one of Asia's largest distributors of memory chip products, today announced that net sales for the third quarter ended September 30, 2009, increased 44 percent to $74 million and net sales for the first nine months of 2009 increased 40 percent to $209 million, from $150 million in the same period in 2008.

The Company said increased sales occurred because of strong demands for memory products in the PRC market, particularly NAND FLASH products for the consumer electronics market. Also, ACL Semiconductors said there was a market shortage of DRAM and Graphic Ram products in the third quarter, allowing for an increase in unit price.

Gross profit increased 84 percent to $6.6 million for the first nine months of 2009 compared to $3.6 million in the same period in 2008. Gross profit for the third quarter increased to $1.75 million, up from $1.69 million in 2008.

Net income for the first nine months of 2009 totaled $2.4 million, or $0.08 per diluted share, compared to net income of $325,889, or $0.01 per diluted share, in the same period in 2008. The complete filing is available at www.sec.gov.

ACL Semiconductors distributes electronic components under the "Samsung" brand name to the Hong Kong and South China markets. The memory chips are used from everything from a mobile phone, digital camera and laptop computer to an MP3 player or Wi-Fi product.

3° Quarto 2009

Per ora l'ho messa in osservazione stretta.

 

[Wild Future]

struttura azionaria e r/s? (sto in ufficio, non posso controllare...)...

 

[s&d]

struttura azionaria e r/s? (sto in ufficio, non posso controllare...)...

Tratto dal 3° Quarto

Common stock - $0.001 par value, 50,000,000 shares authorized, 28,729,936 issued and outstanding
at September 30, 2009 and 28,329,936 issued and outstanding at December 31, 2008

Ultimo R/S secondo Pinksheets.com

shs decreased by 1 for 20 split
Record Date: Oct 11, 2002
Pay Date: Oct 15, 2002

Precedenti

Capital Change=shs decreased by1 for 20 split. Pay-date=3-11-98.
Capital Change=shs decreased by 1 for 5 split. Pay date=09/28/2001.

 

[Wild Future]

Tratto dal 3° Quarto

Common stock - $0.001 par value, 50,000,000 shares authorized, 28,729,936 issued and outstanding
at September 30, 2009 and 28,329,936 issued and outstanding at December 31, 2008

azz, sembra buena...
da approfondire...

 

[Wild Future]

Tratto dal 3° Quarto

Common stock - $0.001 par value, 50,000,000 shares authorized, 28,729,936 issued and outstanding
at September 30, 2009 and 28,329,936 issued and outstanding at December 31, 2008

Ultimo R/S secondo Pinksheets.com

shs decreased by 1 for 20 split
Record Date: Oct 11, 2002
Pay Date: Oct 15, 2002

Precedenti

Capital Change=shs decreased by1 for 20 split. Pay-date=3-11-98.
Capital Change=shs decreased by 1 for 5 split. Pay date=09/28/2001.

doppio azz... ottimo, in wacht list!... bravo!

 

[Wild Future]

da studiare per bene il bilancio....

 

[s&d]

da studiare per bene il bilancio....

Direi proprio di si. Lo dovrò sicuramente leggere più approfonditamente di quanto fatto sinora.
Per intanto ho chiesto a Directa di censirla.

 

[s&d]

Oggi sono entrato.
A grafico non mi piace granchè ma il bilancio è favoloso per essere una OTC.

 

[s&d]

Dopo qualche problemino con la SEC relativo alla corretta compilazione dei bilanci precedenti, finalmente è stato pubblicato quello relativo all'intero 2009.
Un estratto interessante riguardo le vendite:
Net sales are recognized upon the transfer of legal title of the products to customers. As of December 31, 2009 we had over 150 active
customers.
Net sales for fiscal year 2009 were $304,655,159, which increased by 45.4% or $95,098,233 compared to fiscal year 2008. The net sales
for the quarter ended December 31, 2009 (“2009 4 th Quarter”) was $90,357,166, representing an increase of 56.8% compared to $57,613,777 for
the quarter ended December 31, 2008 (“2008 4 th Quarter”). The net sales increase was mostly due to limited supplies as well as higher selling
prices for memory products due to the increasing demand. The increase in net sales also provided higher rebate income from Samsung.
The Company’s gross profit for fiscal year 2009 was $8,478,982, representing a 103.4% increase compared to $4,168,640 for fiscal year
2008. Gross profit margin for fiscal year 2009 was improved from 2.0% for fiscal year 2008 to 2.8%. The Company reported income before
income taxes of $3,573,873, representing a 3,780,616 increase compared to $206,743 loss before income taxes for fiscal year 2008. The results
were mainly due to the increase in gross profit and decrease in bank interest expense due to reduction on external financing from banks
The Company had recorded its net income of $2,922,483, representing a $3,095,355 increased from net loss of $172,872 for fiscal year
2008. The amazing growth was due to better market condition and supply shortage, which led to higher selling prices compare to the fiscal year
2008. The gross profit for 2009 4 th Quarter was $653,721, as compared to $696,623 for 2008 4 th Quarter, representing a 6.2% decrease. The
gross profit margin for the Company for 2009 4 th Quarter was 0.7%, compared to 1.2% for the corresponding quarter in 2008. The decrease in
gross profit margin was mainly due to the increase of cost of goods sold compare to the 2008 4 th Quarter.
The Company predicts that the supply shortage will continue in 2010, while the average selling price and demand for memory components
will be steady. The Company believes its sales turnover and gross profit margin will continue to increase in 2010 as the Company is expanding
its business.

 

[s&d]

Il 22 Novembre è prevista l'assemblea degli azionisti con il seguente ordine del giorno:

- Re-election of three directors for terms expiring at the Company’s next annual stockholders’ meeting;

- To ratify the selection of Albert Wong & Co. as our independent registered public accounting firm for the Company’s 2010 fiscal year;

- To amend the Certificate of Incorporation, as amended, to effect a reverse split of the Company’s issued and outstanding common stock, par value $0.001 per share (the “Common Stock”) of between a one-for-four (1-4) and one-for-twenty (1-20) reverse stock split in the discretion of the Board of Directors;

- Act upon any other business that may properly come before the Annual Meeting or any adjournments thereof.

Nella stragrande maggioranza dei casi i Reverse Split non portano mai a nulla di buono ma in questo caso potrebbe essere diverso infatti:

The Board of Directors has requested authority to implement this Reverse Split because the Company seeks to qualify its stock for initial listing on the NASDAQ Capital Market. Among other initial listing requirements, NASDAQ requires a stock price of a least $4 per share. The Board of Directors has come to the conclusion that a reverse split would be the suitable action in order to achieve a stock price of $4 per share.

La struttura azionaria è la stessa già postata in precedenza.

 

[s&d]

Pubblicato il 3° Quarto 2010.
Riassumendo: ricavi in aumento ma pessimi utili.

Quotazione stabile a 0,30$ sui minimi da Settembre 2009, NITE a far da tappo e un paio di "messaggi" potenzialmente interessanti

100 - I need shares.
300 - Take the price down so I can load shares

 

[s&d]

L'assemblea degli azionisti è stata effettuata
Tutti gli ordini del giorno sono stati approvati.

Mie personalissime considerazioni riguardo il possibile Reverse Split.
Se davvero l'obiettivo Nasdaq è reale e concreto, per arrivare ad un prezzo minimo di 4$ sfruttando il massimo RS consentito (1:20) il valore dell'azione al momento dell'effettuazione deve essere di almeno 0,20$. Considerando però che attualmente le azioni emesse sono 28.779.936 (su 50.000.000 autorizzate) e solo circa 5.500.000 (a Settembre 2009) liberamente scambiabili risulta francamente difficile poi ritrovarsi al Nasdaq con circa 1.440.000 azioni delle quali solo circa 288.000 negoziabili a mercato.
In conclusione: o è tutta una bufala preludio di diluizione ed incremento A/S oppure almeno ad un 1$ ci arriva giusto per sfruttare il minimo rapporto di RS (1:4) approvato.
Se poi raggiungesse i 4$ senza alcun aiuto sarebbe ancor meglio.

A 0,30$ qualcuna l'ho comprata in ottica long e non per aprire posizioni short come fatto negli ultimi giorni da praticamente tutti gli altri acquirenti.

Vedremo come andrà a finire.

 

[s&d]

Notizia di ieri 14/02/2011.

ACL Semiconductors Expects Strong Samsung Distributor Relationship to Result in Robust Fourth Quarter 2010 Revenue Growth

ACL Semiconductors Inc. (OTC Bulletin Board: ACLO.OB), a leading China-based distributor of Samsung memory electronic products in Hong Kong and Southern China, expects strong fourth quarter and full year 2010 results based on Samsung's record setting fiscal year.

Mr. Alan Yang, Chairman and Chief Executive Officer of ACL Semiconductors, commented, "Samsung has just wrapped up their best year yet in terms of both net sales and net income in 2010. To have that kind of performance in a challenging economic environment over the past year is impressive. Along the same lines we are also expecting a strong fourth quarter and full year 2010 results."

According to Samsung's recent earnings release, consolidated revenue was an all-time high of 154.63 trillion won in 2010 ($138.86 billion) up 13 percent from the previous year's record of 136.32 trillion won. Samsung also indicated that operating profit for 2010 was 16.15 trillion won.

Mr. Yang continued, "With the rise of tablet devices, consistent growth sales of mobile phones and continued demand in LCD TV's, we are expecting another strong year for Samsung in 2011. Likewise it signals a strong year for ACL as we look forward to providing high quality Samsung products and value added services to our network of customers in the coming year."

Io rimango sempre long. Per intanto ora quota 0,45$.

 

[s&d]

Dividendo in arrivo.
Lo avrei preferito cash ma piuttosto di nulla meglio questo anche se puzza un po' di diluizione. Francamente non è chiaro il prezzo al quale saranno emesse le nuove azioni.

ACL Semiconductors Declares 1-for-5 Stock Dividend

Acl Semiconductor (OTCBB:ACLO)

Today : Friday 11 May 2012

ACL Semiconductors Inc. (OTC Bulletin Board: ACLO) ("ACL"), a China-based distributor of semiconductor components in Hong Kong and Southern China, today announced that the Board of Directors has approved a 20% stock dividend. The dividend will be payable on May 28, 2012 to shareholders of record at the close of business on May 14, 2012. Fractional shares will be paid in cash, which amount will be calculated by multiplying the fractional share interest by the average closing prices for the 10 trading days ending on (and including) May 23, 2012, the third trading day prior to the Payment Date.

"We deeply appreciate the loyalty of our investors and are compelled to show our gratitude by declaring a one-for-five stock dividend. This move increases the number of shares outstanding and should contribute to greater liquidity and trading of ACL's stock," said Mr. Chung-Lun Yang, Chairman and Chief Executive Officer of ACL. "Over the next two months, we expect to close the acquisitions that were previously announced for Superb Sino Holdings Limited, the holding company of Systematic Semiconductor Limited and Jussey Investments Limited, the majority shareholder of USmart Electronic Products Limited, both of which are expected to diversify our business with higher margin components. We are confident that these growth drivers will benefit both ACL and our shareholders by ensuring our Company thrives in a constantly changing business environment."