Tianli Agritech (OINK) Shares Jumped on News

Posted in the Giddings Forum

Since: Sep 13

Las Vegas, NV

#1 Oct 3, 2013
Shares of Tianli Agritech, Inc.(Nasdaq:OINK) closed at $1.30, up $0.28 or 27.45%, with over 1,115,000 shares traded on thursday's activity.

OINK reported that its operating subsidiary, Hubei Tianzhili Breeder Hog Co. Ltd.("Tianzhili"), had signed one-year sales contracts with eight hotels and restaurants in Wuhan City, Hubei Province.

Among the eight new customers for the Company's Tianli-Xiduhei(TM) black hog meat cuts are three hotels WuLingNianDai, DongXin, and Citizen and five restaurants NongJiaXiaoYuan, ChuYuWang, ShuiMoRenJia, CuiZhuYuan, and XiaXingTianXia.

According to the company, as its distribution network continues to expand at a fast clip, it is increasingly excited about the growth prospects of their black hog program and its retail business; this, combined with the recovery of pork prices in recent months, sets the stage for continuing top-line growth and OINK's return to profitability in coming quarters.

OINK is in the business of breeding, raising and selling breeder and market hogs in China and is developing a retail channel for its pork products including high-value, black hog meat.

More about Tianli Agritech, Inc.(Nasdaq:OINK) at www.tianli-china.com

Full article at http://drstockpick.com/26439/stock-alerts/tia...

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Giddings Discussions

Title Updated Last By Comments
Election Who do you support for State Board of Education... (Oct '10) 8 hr fart 794
Election Who do you support for State Board of Education... (Oct '10) 12 hr Fart Smoke 633
News Sleater-Kinney Atomizes Austin City Limits 16 hr Sterkfontein Swar... 1
Where is Charlie brown ? Fri subdude1 23
Election Who do you support for U.S. House in Texas (Dis... (Oct '10) Apr 16 Brandy 50
News Richmond teacher accused of distributing anti-M... Apr 15 BinFartin 20
News Texas senate panel to take up in-state tuition law Apr 15 Quirky 6
More from around the web

Giddings People Search

Addresses and phone numbers for FREE

Personal Finance

Mortgages [ See current mortgage rates ]