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Sunrise Real Estate Group Inc (PK)

Sunrise Real Estate Group Inc (PK) (SRRE)

0.25
0.00
(0.00%)
Closed December 12 3:00PM

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SRRE News

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SRRE Discussion

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modes948 modes948 2 years ago
They keep the 0.15 dividend in their Balance Sheet.

Dividends payable 10,303,789

Even though they don't mention anyting about it in the 10-Q.I think they will pay it as soon as SHDEW pays them.
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modes948 modes948 3 years ago
An investigation of SHDEW by the local government according to the latest 10-Q.
Apparently the information that somebody had known and drove the price so low.
Obviously an over reaction with a capital O.
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RE_Trader RE_Trader 3 years ago
Quiet board here the Q looked great -
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modes948 modes948 3 years ago
They just need to clarify how much money they received from SHDEW:

At some places they say

The Company received dividends from SHDEW of $16,472,315 in 2021

And at others:

A dividend from SHDEW of $33,109,692 was received in the first two quarters of 2021.
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modes948 modes948 3 years ago
Unbelievable story here!
47c net income for the quarter!
P/E easily near zero!
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modes948 modes948 3 years ago
Either somebody knows something bad that not many know and tries to get out as quickly as possible at crazy prices or somebody is in a harry or forced to sell at whatever price.
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Golden Cross Golden Cross 4 years ago
Sounds great funnyG986
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funnyG986 funnyG986 4 years ago
$0.1 divy as well. $SRRE I am still holding a lot shares here since last dividend. All paid off and riding for free now.
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Golden Cross Golden Cross 4 years ago
Yes, great to see here... $SRRE
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modes948 modes948 4 years ago
Yes.Happened β€˜overnight’ as they say.Another great development.
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Golden Cross Golden Cross 4 years ago
SRRE now pink current

https://www.otcmarkets.com/stock/SRRE/disclosure
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modes948 modes948 4 years ago
Yes.Perfect.Without doubt one of the cheapest stocks in the world at the monment despite giving a gift of $21Million to their chairman.
Perhaps deserved cause it seems it was his idea and initiative that led to the investment in the cosmetics company, even though probably the money was split between the board members.
Just hoping it doesn't become a habit.
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funnyG986 funnyG986 4 years ago
SRRE divy $0.1, 8K just out
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modes948 modes948 4 years ago
Amazing Q-10.Received another $24Million dividends from the cosmetics company!
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StockFOXXX StockFOXXX 4 years ago
Can anyone here confirm the relationship between Chen Ren and this company?
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modes948 modes948 4 years ago
We sold 118 of 121 Phase 1 villas and pre-sold 85 villas out of all 88 units in Phase 2 as of July 31, 2020.

From last 10-K.
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MikeyInTheD MikeyInTheD 4 years ago
Nope
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funnyG986 funnyG986 4 years ago
did you get the $0.1 divy a few while back?
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MikeyInTheD MikeyInTheD 4 years ago
Remembered this ticker randomly and checked in on how it was doing. I owned this probably 10 years ago when it was hot. It sank to pennies with no volume for several years and I assumed the company was dead. I put an order in the sell at .30 and it actually hit after 3 years. I can’t believe they have actual revenue and current ratio above 1.0. This looks like a great investment on paper. I don’t know how much I trust that paper though. Good luck to all
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funnyG986 funnyG986 5 years ago
Anyone onboard is planning to join in person? $SRRE
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bobkubecka bobkubecka 5 years ago
I'm not going, an online meeting would be great.
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funnyG986 funnyG986 5 years ago
anyone going ? I was trying to see if they can provide online meeting...
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bobkubecka bobkubecka 5 years ago
I did
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funnyG986 funnyG986 5 years ago
Anyone here received a shareholder meeting invitation to Beijing on April 27? $SRRE
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funnyG986 funnyG986 5 years ago
SRRE 10-K out. $46M net income in 2018. OMG! Market value only $28M ?!

https://www.otcmarkets.com/filing/html?id=13610364&guid=JsfIUqh88trRFEh
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funnyG986 funnyG986 6 years ago
SRRE NT-10K, interesting info in it. NOTE:2017 net income $0.91 per share

Net revenues are expected to have decreased approximately 70% for the fiscal year ended December 31, 2018 as compared to the prior year. However, the increase in equity income from affiliates will more than offset the decline in net revenues. As a result, net income is expected to have increased in the fiscal year ended December 31, 2018 compared to 2017.

2018 net income is more than 2017! WEEEEEEEE
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funnyG986 funnyG986 6 years ago
Agree. SRRE heading to dollar after the 10K
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Mistr Tommy Mistr Tommy 6 years ago
10K should be out any day now.
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funnyG986 funnyG986 6 years ago
not in their filing. It's PR from their president
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modes948 modes948 6 years ago
Dis you see this in one of their filings or somewhere else?
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funnyG986 funnyG986 6 years ago
wait for September 2019, SRRE president announced subsidiary HK IPO in Sep 2019
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gwat1979 gwat1979 6 years ago
Maybe next year they make it .15 or .20 per share...that would be nice. I added yesterday on that dip as well. Like taking candy from a baby $$$$
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Mistr Tommy Mistr Tommy 6 years ago
DIVI BACK IN THE ACCOUNT. for good this time lol. thank god
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Due Diligence Virtuoso Due Diligence Virtuoso 6 years ago
Adding at the perfect time. Buy the blood as they say... Not even sure what caused the sell off. 1 traders needed some gas money! ROFL.. Caused a ripple effect. Nothing has changed here.
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funnyG986 funnyG986 6 years ago
SRRE going to add some more tomorrow. One of the subsidiaries Shanghai Da Er Wei Trading Company Limited (β€œSHDEW”) paid 2.1 Billion to Chinese government for 2018 Tax

Shanghai Da Er Wei Trading Company Limited (β€œSHDEW”) June 6, 2013 PRC 20.75%*** Equity investment Import and export trading
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funnyG986 funnyG986 6 years ago
Just got a phone call from Etrade, they got the divy $ and will post it by tonight. Glad I added today!
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Due Diligence Virtuoso Due Diligence Virtuoso 6 years ago
BUY HIGH and SELL LOW.... This is why 95% of traders fail... Smart play is to buy the panic here...
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funnyG986 funnyG986 6 years ago
I added today too. gift here
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Due Diligence Virtuoso Due Diligence Virtuoso 6 years ago
It was a buy at 1 dollar, so it is a steal here. I grabbed some for the cash drawer. :)
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funnyG986 funnyG986 6 years ago
that's why I am wondering whether that's Etrade only or all brokers had the same issue
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funnyG986 funnyG986 6 years ago
whoever has done the DD knows
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gwat1979 gwat1979 6 years ago
No need to yell. Well, that didn't happen in my TDA account so must be some technical issue that will just need to get sorted out.
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funnyG986 funnyG986 6 years ago
YES.
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gwat1979 gwat1979 6 years ago
not sure what you mean when you say "reversed"? you see a transaction where the cash was removed from your account on Tuesday?
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Due Diligence Virtuoso Due Diligence Virtuoso 6 years ago
Buying opportunity. Anyone dumping is clearly losing money or hard up for cash.
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Mistr Tommy Mistr Tommy 6 years ago
called etrade. they said they took away the dividend because they never got paid. they fronted it to us, and now took it back. WTF!!



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funnyG986 funnyG986 6 years ago
mine was deposited monday but got reversed tuesday
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gwat1979 gwat1979 6 years ago
I use TDA and the divvy was deposited at end of the day Monday.
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funnyG986 funnyG986 6 years ago
how about yours and which broker do you use ?
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gwat1979 gwat1979 6 years ago
that's strange...might be a bookkeeping issue with your brokerage perhaps? I mean, they can't take a divvy away.
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