Emerald Dairy, Inc. (EMDY) news stock charts
Emerald Dairy, Inc. (EMDY/EMDY.OB) Investment Summary:
Emerald Dairy, Inc. produces, supplies, and distributes dairy products in the People’s Republic of China. Its products include milk powder, soybean milk powder, and rice powder. The company offers products for various age groups and demographics, including infants, babies, young kids, preschool children, women, pregnant women, and breast-feeding mothers, as well as for middle-aged and old-aged people. Emerald Dairy sells its products under ‘Xing An Ling’ and ‘Yi Bai’ names. The company was founded in 2003. It was formerly known as Amnutria Dairy, Inc. and changed its name to Emerald Dairy, Inc. in January 2008. Emerald Dairy is based in Reston, Virginia.www.emeralddairy.com
1,110 Employees
Founded in 2003
EMERALD DAIRY INC (EMDY:OTC Bulletin Board Market)
LAST $1.40 USD
CHANGE TODAY 0.00 0.00%
VOLUME 2.0K
As of 8:10 PM 03/12/10 All times are local (Market data is delayed by at least 15 minutes).
Snapshot of EMERALD DAIRY INC (EMDY)
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OPEN
$1.40
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PREVIOUS CLOSE
$1.40
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DAY HIGH
$1.40
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DAY LOW
$1.40
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52 WEEK HIGH
06/4/09 - $2.11
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52 WEEK LOW
03/25/09 - $0.26
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MARKET CAP
45.8M
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AVERAGE VOLUME 10 D
10.0K
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EPS TTM
$0.15
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SHARES OUTSTANDING
32.7M
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EMDY Does Not Pay Dividends
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P/E TTM
9.3x
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| K = Thousands M = Millions B = Billions | ||
Key developments for EMERALD DAIRY INC (EMDY)
Emerald Dairy, Inc. and Investors Enter into Second Amendment to Their Respective June 2008 Purchase Agreements
01/7/2010
As of December 31, 2009, Emerald Dairy, Inc. and the investors in the company's June 2008 private placement of an aggregate principal amount of $2,250,000 promissory notes entered into a second amendment to their respective June 2008 purchase agreements, pursuant to which the promissory notes had been issued. Pursuant to the second amendment: the maturity date of the indebtedness represented by the promissory notes was extended from December 31, 2009 to December 31, 2010; accrued and unpaid interest on the promissory note, in the aggregate amount of $323,301, was added to the principal amount outstanding; new notes incorporating the changes were issued to the investors in exchange for the cancellation of the promissory notes; and the investors received three-year warrants to purchase an aggregate of 789,356 shares of common stock of the company, at an exercise price of $1.63 per share. The company's repayment of amounts due under the new notes is secured by a pledge of an aggregate of 3,157,425 shares of common stock of the company beneficially owned by Yang Yong Shan, the company's Chairman, Chief Executive Officer and President.
Emerald Dairy, Inc. Presents at Rodman & Renshaw Annual China Investment Conference, Mar-09-2010
12/26/2009
Emerald Dairy, Inc. Presents at Rodman & Renshaw Annual China Investment Conference, Mar-09-2010. Venue: Ballroom III, The Regent Hotel, 99 Jinbao Steet, Beijing, Beijing Province, China.
Emerald Dairy, Inc. Enter into a Loan Agreement with an Unrelated Party
12/4/2009
On November 30, 2009, Emerald Dairy, Inc. entered into a loan agreement with an unrelated party, pursuant to which the Company borrowed $1,750,000 from the lender, in consideration for which it issued a promissory note to the lender. The Company intends to apply substantially all of the loan proceeds toward the cost of equipping the first production line of its newly-constructed milk powder processing facility located in Hailun City, Heilongjiang Province, China.
Emerald Dairy, Inc. financial resources
EMDY Competitors
| Company | Last | Change |
| American Dairy Inc | $20.15 USD | -0.75 |
| Mead Johnson Nutrition Co | $51.99 USD | +0.28 |
| Nestle SA | SFr.53.50 CHF | -0.25 |
| Rodobo International Inc | $3.00 USD | +0.15 |
| Synutra International Inc | $19.83 USD | -0.54 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | EMDY | Industry Range |
| Price/Earnings | 9.4x |
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| Price/Sales | 1.0x |
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| Price/Book | 1.6x |
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| Price/Cash Flow | 9.8x |
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| TEV/Sales | 0.8x |
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EMDY |
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EMDY transactions
| Type Date |
Target |
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Private Placement
December 24, 2009 |
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More Recent Financial News About Emerald Dairy, Inc.
Emerald Dairy Makes Offer to Exchange Outstanding Warrants for Warrants Exercisable at Reduced Prices
2010-02-22 01:46:34
Quote: 11 /PRNewswire-Asia-FirstCall/ -- Emerald Dairy Inc., a
Nevada corporation (the "Company") (OTC Bulletin Board: EMDY), announced today
that it has commenced an offer to its existing warrant holders, that acquired
their warrants in connection with Company's October 2007 private offerings, to
exchange their warrants for warrants with amended terms. The offer to exchange
the warrants is scheduled to expire on March 17, 2010.Amended terms, include the following:-- With respect to the 373,344 warrant...Read article
Emerald Dairy Makes Offer to Exchange Outstanding Warrants for Warrants Exercisable at Reduced Prices
2010-02-12 02:48:15
Quote: 11 /PRNewswire-Asia-FirstCall/ -- Emerald Dairy Inc., a
Nevada corporation (the "Company") (OTC Bulletin Board: EMDY), announced today
that it has commenced an offer to its existing warrant holders, that acquired
their warrants in connection with Company's October 2007 private offerings, to
exchange their warrants for warrants with amended terms. The offer to exchange
the warrants is scheduled to expire on March 17, 2010.Amended terms, include the following:-- With respect to the 373,344 warrant...Read article
EMERALD DAIRY INC Files SEC form 8-K, Other Events
2010-02-11 01:07:55
Quote: Other Events.
Pursuant to the provisions of Section 10 of the respective common stock purchase
warrants (the "Warrants") previously issued by Emerald Dairy Inc. (the
"Company") to the investors and certain finders and placement agents in
connection with private offerings the Company consummated in October 2007, the
original expiration dates of the Warrants were to be extended beyond their
initial stated termination dates for certain specified periods until the Company
satisf...Read article
Emerald Dairy Reports Net Income Rose for 3rd Quarter 2009; Nine-month Income Reached $3.7 Million, Up From $1.5 Million for Same Period in 2008
2010-01-26 02:27:56
Quote: Read article
Emerald Dairy To Be Featured in Spring Issue of US Food and Drink Executive
2010-01-26 02:27:55
Quote: Kaneko said: "We were pleased to have Emerald Dairy featured in this
prestigious magazine. I believe the case study interview will provide readers
with excellent insight into our Company and its continuing growth."China's Rapidly Growing Dairy IndustryThe dairy market today in China is over $13 billion and is expected to
grow at a rate of 15% per year for the foreseeable future. The Chinese
government has recognized that the dairy industry is not only crucial to
reforming the structure of agricu...Read article
Emerald Dairy Consummates Private Placement of $1.75 Million of Promissory Notes and 536,809 Warrants
2010-01-26 02:27:54
Quote: 4 /PRNewswire-Asia-FirstCall/ -- Emerald Dairy, Inc.
("Emerald Dairy" or the "Company") (OTC Bulletin Board: EMDY), a leading
producer and distributor of infant and children's formula, milk powder and
soybean products in China, today announced it has closed a private offering in
which it sold to "accredited" investors promissory notes in an aggregate
principal amount of $1,750,000, with an interest rate of ten (10%) percent per
annum (the "Notes"), maturing in one year, and three-year warrants t...Read article
Emerald Dairy Consummates Private Placement of $1.75 Million of Promissory Notes and 536,809 Warrants
2010-01-05 01:11:32
Quote: 4 /PRNewswire-Asia-FirstCall/ -- Emerald Dairy, Inc.
("Emerald Dairy" or the "Company") (OTC Bulletin Board: EMDY), a leading
producer and distributor of infant and children's formula, milk powder and
soybean products in China, today announced it has closed a private offering in
which it sold to "accredited" investors promissory notes in an aggregate
principal amount of $1,750,000, with an interest rate of ten (10%) percent per
annum (the "Notes"), maturing in one year, and three-year warrants t...Read article
Emerald Dairy To Be Featured in Spring Issue of US Food and Drink Executive
2009-12-03 02:52:51
Quote: Kaneko said: "We were pleased to have Emerald Dairy featured in this
prestigious magazine. I believe the case study interview will provide readers
with excellent insight into our Company and its continuing growth."China's Rapidly Growing Dairy IndustryThe dairy market today in China is over $13 billion and is expected to
grow at a rate of 15% per year for the foreseeable future. The Chinese
government has recognized that the dairy industry is not only crucial to
reforming the structure of agricu...Read article
EMERALD DAIRY INC Files SEC form 8-K, Termination of a Material Definitive Agreement, Unregistered Sale of Equity Sec
2009-11-30 08:21:12
Quote: Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officer; Compensatory Arrangements of Certain
Officers
On March 2, 2009, the Company's board of directors and majority stockholders
adopted the Emerald Dairy Inc. 2009 Equity Incentive Plan (the "Plan") to
attract and retain the best available personnel, provide additional incentives
to employees, directors and consultants and promote the success of the Company's
business. 1,500,000 shares of th...Read article
EMERALD DAIRY INC Files SEC form 8-K, Unregistered Sale of Equity Securities
2009-11-30 08:21:11
Quote: Unregistered Sales of Equity Securities.
On August 13, 2009, Emerald Dairy Inc. (the "Company") closed its offer (the
"Warrant Tender Offer") to all holders of warrants to purchase shares of the
Company's common stock, having exercise prices of either $0.94, $1.50, $1.63,
$2.04 or $3.26 per share, originally issued in connection with private
placements the Company consummated in October 2007 (the "Original Warrants"), to
exchange their Original Warrants for warrant...Read article
Emerald Dairy Reports Net Income Rose for 3rd Quarter 2009; Nine-month Income Reached $3.7 Million, Up From $1.5 Million for Same Period in 2008
2009-11-30 08:21:10
Quote: Read article
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