Might be a good one to watch for long term hold. A Chinese Job placement advertising company. In China's growing economy that can't be too bad a business to be in, lol.
Looking at chart, had a steady higher highs higher lows channel going since March. Got dragged down in the market last couple weeks but had a good 2nd qtr revenue report come out Tuesday. last candle was a white long legged spinning top on fair volume. RSI below 50 and turning up. MACD hist turning up.
http://stockcharts.com/h-sc/ui?s=JOB...d=p25470966087
About 51job, Inc
51job, Inc., incorporated in March 2000, is a provider of integrated human resource services in China, with a focus on recruitment advertising. Its recruitment-related services are delivered in both print and online formats. In addition to recruitment advertising services, the Company also provides executive search and other complementary human resource related services to employers. Although the Company provides services to both employers and job seekers, it derives substantially all of its revenues from employers. The Company receives a majority of its revenues in the form of fees from employers for placing job advertisements on 51job Weekly and
www.51job.com. It also receives fees from employers for accessing its
www.51job.com resume database, using the Company’s eHire product and in connection with eSearch and other human resource-related services.
Building 3 No. 1387, Zhang Dong Road
Shanghai, SHA 201203
CHN +86-21-32014888 (Phone)
Company website:
http://www.51job.com/ 51job Q2 Revenue Up 21% YoY Take This 51job and Love It
Market Cap (intraday): 473.61M
Shares Outstanding: 28.14M
Float: 6.90M