LLFH L and L International Holdings Inc featured news, full reports, and detailed charts
L and L International Holdings Inc (LLFH/LLFH.OB) Wrap Up:
L & L International Holdings, Inc., through its subsidiary, Kunming Mine Company, Inc., focuses on energy (coal) related business in China. It has two operating coal mines, including DaPuAn Mine and Su Tsong Mine located in Yunnan, the province of China. The company, through its other principal subsidiary, Liuzhou Liuerkong Machinery Company, Ltd., also assembles and market air compressors focusing on piston-types. The company, formerly known as L & L Financial Holdings, Inc., was founded in 1995 and is headquartered in Seattle, Washington.L & L International Holdings, Inc. (LLFH:OTC Bulletin Board Market)
Snapshot of L & L International Holdings, Inc. (LLFH)
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OPEN
$4.88
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PREVIOUS CLOSE
$4.90
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DAY HIGH
$4.98
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DAY LOW
$4.83
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52 WEEK HIGH
10/14/09 - $6.39
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52 WEEK LOW
01/22/09 - $0.31
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MARKET CAP
109.0M
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AVERAGE VOLUME 3 mo
64.7K
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DILUTED EPS TTM
$0.48
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SHARES OUTSTANDING
21.9M
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LLFH Does Not Pay Dividends
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P/E TTM
10.4x
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| K = Thousands M = Millions B = Billions | ||
LLFH Top Compensated Officers
Executives, Board Directors
Key developments for L & L International Holdings, Inc. (LLFH)
L & L International Holdings, Inc. announced that Dennis Bracy is appointed to the company's Board as an Independent Director effective November 2, 2009. Bracy has a lifetime commitment to energy and to strengthening U.S.-China relations. He is the CEO of the U.S.-China Clean Energy Forum. The company also announced the appointment of John Levy to its Advisory Panel. Levy is a recognized leader in corporate governance and compliance, and he has served as CFO of public and private companies for more than 10 years.
L & L International Holdings Inc. announced that Dennis Bracy is appointed to the company's Board as an Independent Director effective November 2, 2009. Bracy has a lifetime commitment to energy and to strengthening U.S.-China relations. He is the CEO of the U.S.-China Clean Energy Forum. Bracy's previous professional positions include: President of Hill & Knowlton Technology, Director of Corporate Relations at ITT Corporation, and Vice President of Kaiser Aluminum. The company also announced the appointment of John Levy to its Advisory Panel. Levy is a recognized leader in corporate governance and compliance, and he has served as CFO of public and private companies for more than 10 years.
L & L International Holdings Inc. reaffirmed earnings guidance for the year ending April 30, 2010. For the year, the company reaffirmed guidance for the pro forma revenues estimated to be $108 million, a year-over-year increase of approximately 164% from its last fiscal 2009 revenue of $40.9 million. Projected net income per share for the fiscal 2010 is approximately $0.94 on GAAP basis.
LLFH Competitors
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Industry Analysis
| Valuation | LLFH | Industry Range |
| Price/Earnings | 10.4x |
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| Price/Sales | 2.5x |
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| Price/Book | 4.1x |
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| Price/Cash Flow | 10.8x |
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| TEV/Sales | 2.0x |
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LLFH |
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LLFH transactions
| Type Date |
Target |
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Private Placement
October 8, 2009 |
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Merger/Acquisition
July 16, 2009 |
PingYi Coal Mine |
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Merger/Acquisition
July 16, 2009 |
Two Hong Shen coal Washing Facilities |
More Recent News About L and L International Holdings Inc
More news for LLFH
L & L INTERNATIONAL HOLDINGS, INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Regulation FD Discl
Item 1.01 Entry into a Material Definitive Agreement The following discussion provides only a brief description of the document described below. The discussion is qualified in its entirety by the full text of the agreements described below, which are attached to this Current Report on Form 8-K as exhibits. Common Stock and Warrant Financing On November 6, 2009, L&L International Holdings, Inc., a Nevada corporation (the "Company") entered into a Securities Purchase Agreement, the form of which is attached hereto as Exhibit 10.1 (the "Purchase Agreement"), with the purchasers named therein (the "Buyers"). Pursuant to the Purchase Agreement, the Company shall issue Units ( the "Units") to the Buyers, consisting of common stock and common stock warrants. Each Unit purchased consisted of one share of unregistered common stock of the Company (the "Common Stock") and 6/10ths of a warrant (the "Warrants") to purchase a share of common stock at an exercise price of $5.62 per share and expiring in November 2014 (as exercised, collectively the "Warrant Shares"). Each Unit was priced at $3.90. The Company sold a total of 835,389 Units for gross proceeds of approximately $3,257,999.70 and representing 835,389 shares of Common Stock. The transaction closed on November 6, 2009. The Buyers received Warrants in the form attached hereto as Exhibit 10.2. Pursuant to the terms of Warrants, the Buyers are entitled to purchase up to approximately 501,236 shares of Common Stock of the Company at an exercise price of $5.62 per share. The Warrants have a term of 60 months after the issue date of November 6, 2009. The exercise price and number of shares issuable upon exercise of the Warrants are subject to customary adjustments provisions for stock splits, stock dividends, recapitalizations and the like. The Warrants also have a cashless exercise provision that such holders may utilize after six months from the issuance d...Click here to read the whole Article (external link)
RedChip Visibility Issues 1st Quarter Research Update on L&L International Holdings
ORLANDO, Fla., Nov. 13, 2009 (GLOBE NEWSWIRE) -- RedChip Visibility, a division of RedChip Companies, Inc., today announced it has issued a first quarter research update on L&L International Holdings, Inc. (OTCBB:LLFH - News), a company operating profitable coal mines through its subsidiary, L&L Coal, in China's Yunnan Province. Neha Bhargava, analyst for RedChip, reported: "In anticipation of a surge in overall coal production from improved demand forecasts and the continued expansion of the Company's coal mines and coal washing facilities, we are revising upwards our revenue estimates for 2QFY10 and full-year FY10." Bhargava continued: "We remain confident that the expansion of coal mine production capacity, the start of revenue generation from the Company's coal washing business and coking coal facility coupled with future business growth through new acquisitions will enable L&L to achieve higher growth levels in FY10 and help establish it as an integrated energy player in China. We maintain our Buy recommendation on LLFH stock and are raising our price target to $10.00." To receive a complimentary copy of the RedChip Visibility Research Report for L&L, please visit: http://www.redchip.com/about/aboutmain.asp?page=vreport&reportid=199 To learn more about L&L International Holdings, Inc., visit ...Click here to read the whole Article (external link)
RedChip Announces Its 2009 Shanghai China Equities Conference
ORLANDO, Fla., Nov. 10, 2009 (GLOBE NEWSWIRE) -- RedChip Companies, Inc., an international financial public relations firm specializing in the small-cap sector, today announced that its 2009 China Equities Conference for emerging growth, U.S.-listed China-based companies will take place December 8, 2009 at the 5 Star Shangri-La Hotel in Pudong, Shanghai, China. The event will be broadcast live worldwide from the www.RedChip.com site. The event, themed "How to Become a Successful RedChip Company," will feature a full day of dynamic presentations by 15 China-based companies (including U.S. companies with interest or operations in China); networking opportunities with hundreds of Chinese investors; and seminar training on investor relations programs in the U.S. The concept "RedChip" has special meaning in China. A Red Chip company in China is a China-based company listed on a foreign exchange. A sample of presenting companies follows: American Lorain Corp. (NYSE Amex:ALN); China Education Alliance, Inc. (NYSE Amex:CEU); L & L International Holdings, Inc. (OTCBB:LLFH - News); Longwei Petroleum Investment Holding, Ltd. (OTCBB:...Click here to read the whole Article (external link)
L&L International Holdings Closes Institutionally Led Financing
SEATTLE, Nov. 10 /PRNewswire-FirstCall/ -- L&L International Holdings, Inc. (OTC Bulletin Board: LLFH - News; "L&L" or the "Company"), a U.S.-based company operating coal businesses in China, today announced that the Company has closed on an institutionally led financing of approximately $3.2 million. Further to a financing completed by the Company in October, the additional funds are intended to further expand the business through accretive acquisitions."We are very pleased with the completion of this additional institutional financing. It offers us the ability to shore up our balance sheet while we expand profitable coal operations," said Dickson Lee, Chairman and Chief Executive Officer of L&L.The Company announced in October of 2009 that it had executed an agreement with Hon Shen Coal Company Ltd. ("Hon Shen"), located in Yunnan Province, China, to acquire a 93% interest in Hon Shen's coking facilities, and acquired an additional 28% equity interest in Hon Shen's coal-washing facilities for a total purchase price of $8.18 million consisting of both cash and common stock. Through the agreement, L&L 1) increased its controlling interest in Hon Shen coal washing from 65% to 93%; and 2) acquired a 93% controlling interest in Hon Shen coking facilities.About L&L International HoldingsFounded in 1995 and headquartered in Seattle, Washington, L&L serves the vast energy market in China through its various coal operations. Please visit Company's website at ...Click here to read the whole Article (external link)
L & L INTERNATIONAL HOLDINGS, INC Files SEC form 8-K/A, Entry into a Material Definitive Agreement, Financial Stateme
Item 1.01 Entry into a Material Definitive Agreement L & L International Holdings, Inc. (the "Registrant" or "L&L") executed that certain Acquisition and Capital Increase Agreement (hereinafter the "Agreement"), effective October 23, 2009, with Hon Shen Coal Co. Ltd. ("Hon Shen"), which is located in Yunnan Province, China. Presently, Hon Shen has two distinctive operations; a) coal washing, and b) coking operations. Pursuant to the Agreement, L&L will increase its equity ownership interest in Hon Shen's coal washing facilities from a 65% equity ownership interest to a 93% equity ownership interest. In addition, L&L will own 93% equity interest in Hon Shen's coking facilities, thus reaching an overall 93% ownership of both Hon Shen's coal washing and coking operations. As reported in our prior Current Report on Form 8-K filed with the SEC on July 30, 2009, we previously acquired a 65% equity ownership interest in Hon Shen's coal washing facilities that have a combined annual capacity of 300,000 tons between two facilities: a 210,000-ton coal washing plant completed in July 2009 using Dense Medium Separation (DMS) technology, and an existing 90,000-ton plant using jig separation technology. Hon Shen's coking facilities has a production capacity of 150,000 tons with approximately RMB 150 Million in estimated revenues. Total consideration for the additional equity ownership interest of RMB 55,800,000 (approximately $8,180,000 USD) shall be paid by L&L through a combination of cash and common stock issuance payments that will be contributed into the registered capital of Hon Shen. These capital contribution payments will be made in three payments. The first payment of RMB 13.64 million (approximately $ 2 million USD) shall be made within 30 days after execution of the Agreement through the issuance to Hon Shen of 400,000 shares of L&L's common stock (valued at approximately $5.00 USD/share). The second payment of RMB 20.46...Click here to read the whole Article (external link)
L&L International Holdings Names Dennis Bracy, Leading Energy Strategist, to the Board
SEATTLE, Nov. 4 /PRNewswire-FirstCall/ -- L&L International Holdings, Inc. (OTC Bulletin Board: LLFH - News), a U.S.-based company operating coal businesses in China, today announced that Dennis Bracy is appointed to the Company's Board as an Independent Director effective November 2, 2009. Bracy has a lifetime commitment to energy and to strengthening U.S.-China relations. He is the CEO of the U.S.-China Clean Energy Forum. Bracy's previous professional positions include: President of Hill & Knowlton Technology, Director of Corporate Relations at ITT Corporation, and Vice President of Kaiser Aluminum.Dickson Lee, Chairman of L&L stated: "We are thrilled that Dennis Bracy joins our Board of Directors. His appointment demonstrates our commitment to finding profitable yet responsible solutions to China's energy needs."The Company also announced the appointment of John Levy to its Advisory Panel. Levy is a recognized leader in corporate governance and compliance, and he has served as CFO of public and private companies for more than 10 years.About L&LFounded in 1995, L&L focus on the vast coal (energy) market in China and operates profitable coal mines and coal consolidation facilities in the resource-rich Yunnan Province. See Company's website at www.lnlinternational.co...Click here to read the whole Article (external link)
L & L INTERNATIONAL HOLDINGS, INC Files SEC form 8-K, Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement L & L International Holdings, Inc. (the "Registrant" or "L&L") executed that certain Acquisition and Capital Increase Agreement (hereinafter the "Agreement"), effective October 23, 2009, with Hon Shen Coal Co. Ltd. ("Hon Shen"), which is located in Yunnan Province, China, pursuant to which L&L will increase its equity ownership interest in Hon Shen. Pursuant to the Agreement, L&L will increase its equity ownership interest in Hon Shen from a 65% equity ownership interest in Hon Shen's coking facilities to a 93% equity ownership interest in Hon Shen's overall business operations. Hon Shen's business consists of two operations, it's coal washing operations and its coking operations. As reported in our prior Current Report on Form 8-K filed with the SEC on July 30, 2009, we previously acquired a 65% equity ownership interest in Hon Shen's coal washing facilities have a combined annual capacity of 300,000 tons between two facilities: a 210,000-ton coal washing plant completed in July 2009 using Dense Medium Separation (DMS) technology, and an existing 90,000-ton plant using jig separation technology. Hon Shen's coking facilities has a production capacity of 150,000 tons with approximately RMB 150 Million in estimated revenues. Total consideration for the additional equity ownership interest of RMB 55,800,000 (approximately $8,018,000 USD) shall be paid by L&L through a combination of cash and common stock issuance payments that will be contributed into the registered capital of Hon Shen. These capital contribution payments will be made in three payments. The first payment of RMB 13.64 million (approximately $ 2 million USD) shall be made within 30 days after execution of the Agreement through the issuance to Hon Shen of 400,000 shares of L&L's common stock (valued at $5.00 per share). The second payment of RMB 20.46 million (approximately $3 million USD) shall be made to H...Click here to read the whole Article (external link)
L&L International Announces Definitive Agreement to Acquire Hon Shen Coking Operations
SEATTLE, Oct. 29 /PRNewswire-FirstCall/ -- L & L International Holdings, Inc. (OTC Bulletin Board: LLFH - News; "L&L"), a U.S.-based company operating coal businesses in China, announced today that it has executed an agreement with Hon Shen Coal Company Ltd. ("Hon Shen"), located in Yunnan Province, China, to acquire a 93% interest in Hon Shen coking facilities and an additional 28% interest in the Hon Shen coal-washing facilities for a purchase price of $8.18 million consisting of a combination of cash and shares of the Company's common stock. Through the agreement, L&L 1) increases its controlling interest in Hon Shen coal washing facilities from 65% to 93%; and 2) acquires a 93% controlling interest in Hon Shen's coking facilities. The acquisition was effective October 23, 2009; contingent upon government approval. Hon Shen's coal washing facilities share a combined annual coal washing capacity of 300,000 tons: a 210,000-ton coal washing plant and an existing 90,000-ton plant.Hon Shen's coking facilities have a combined annual production capacity of 150,000 tons, and will add approximately $18 million in additional revenue to L&L in one year, using $150 per ton of coking coal as a basis (based on 120,000 tons).Dickson Lee, Chairman and CEO of L&L, stated: "These latest acquisitions are a continuance of our planned expansions for fiscal year 2010. We are excited to expand our relationship with Hon Shen as we work to improve production, operational efficiency, and environmental and ...Click here to read the whole Article (external link)
Fund Manager Singles Out Hottest Commodity
NEW YORK (TheStreet) -- Malcolm Gissen, co-manager of the Encompass Fund, says uranium is poised to become the hottest commodity and gold will continue to hit new highs. The mutual fund has soared 97% this year, better than 99% of its Morningstar small-cap growth-style peers. Over the past year, the Encompass Fund is up 40%, also in the top 1% of its class. Welcome to TheStreet.com's Fund Manager Five Spot, where America's top mutual fund managers give their views and stock picks in five questions. Are you bullish or bearish? Gissen:cautious bulls. What is your top stock pick? Gissen: Uranium Energy Corp.What is your best "sleeper" stock pick? Gissen: Most of our stock picks are beneath the radar, so here are two: L&L International Holdings owns companies in Asia that mine coal and supply it to China, which has an insatiable appetite for coal as an energy source. L&L is a U.S. company that meets all SEC guidelines in terms of transparency and reporting. It is well-respected in the Chinese coal industry because of its commitments to worker safety and the environment. L&L is expanding by buying coal-related companies. Revenue and net income are both growing rapidly, and we expect that performance to continue. Delcath Systems is the other. Delcath is a health-care company that has developed novel techniques for fighting cancer. The company is in Phase III clinical trials for a drug-delivery system that is capable of transmitting chemotherapy drugs directly to a particular body organ for maximum efficienc...Click here to read the whole Article (external link)
