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Welcome! February 21, 2011. Agenda. Setting up your brokerage Michigan Interactive Investments (MII) Stock Profile. Setting up a Brokerage. TD Ameritrade ( ThinkOrSwim ). Why TDA?. Easy Free (to set up) Very powerful trading tools ThinkOrSwim Highest Rated Broker.
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Welcome! February 21, 2011
Agenda Setting up your brokerage Michigan Interactive Investments (MII) Stock Profile
Setting up a Brokerage TD Ameritrade (ThinkOrSwim)
Why TDA? • Easy • Free (to set up) • Very powerful trading tools • ThinkOrSwim Highest Rated Broker
Michigan Interactive Investments • Undergraduate investment club at the Stephen M. Ross School of Business • The CCIG of Michigan • Very good finance program at Michigan • Unlike their athletic program • Undergraduate Investment Conference • 3rd Year
Would you like to participate? • Open to all paid members of CCIG • March 18th and 19th • Friday and Sat. before we return for school • $3000 Prize • May be split between club and participants • Most of course going to participants • Has not been discussed yet – open to opinions
Stock Pitch China Clean Energy Inc.
Basic Background CCGY.OB (NASDAQ BB) Price: $.98 Market Cap: 30.88 M Shares Outstanding: 31.5 M Float : 21.58 M
Revenues (TTM) : $45.7 million Adj. Net Income (TTM): $5 million Adj. EPS (TTM): $.15 P/E (TTM): ~6.5
JiangyinPlant Facts • Designed to produce up to 90,000 tons of Specialty Chemicals and Biodiesel: Biodiesel (50,000 tons) • Specialty Chemicals (40,000 tons) • Fuqing Plant Facts • 311,000 square feet ISO-certified production facilities (Most equipments transferred to Jiangyin Plant in Q3 2010 except the printing ink production line with an annual capacity of 500 tons) • Biodiesel and Specialty Chemical ProductsBiodiesel • Monomer Acid • Dimer Acid • Polyamide Resins • Printing Inks • Dimer Acid-Based Polyamide Hot Melt Adhesives
Recent News/Filings http://www.businessweek.com/news/2011-02-21/china-raises-fuel-prices-after-crude-oil-climbs-above-100.html http://sec.gov/Archives/edgar/data/1331444/000119380511000039/e607920_8k-chinaclean.htm http://www.chinacleanenergyinc.com/images/PDF/China%20Clean%20%28Mudd%20Press%20Release%29.pdf
Thanks! • What are your questions?