On Friday shares of China Cord Blood Corporation (NYSE:CO) closed at $5.78. Company’s sales growth for last 5 years was 24.10% and EPS growth for next 5 years is recorded as 30.00%. On March 19, The following is an open letter sent March 19, 2015 to the Board of Directors of China Cord Blood Corp (NYSE: CO) from Jayhawk Capital.As a substantial and long term shareholder (Jayhawk Capital has been a shareholder in the company since before it was listed on the New York Stock Exchange in 2009), we applaud you and the management team for the impressive results you have achieved in operating the company. On a fully diluted basis, Jayhawk Capital is the third largest non-affiliated shareholder at 9.1%. KKR owns 19.1% and Cordlife Group (a Singapore-based cord blood company) owns 13.4%.
Sandstorm Gold Ltd. (NYSEMKT:SAND) in last trading activity increased 5.43% to close at $3.30. Company weekly performance is 12.63% while its quarterly performance stands at 15.38%. Sandstorm Gold Ltd. (NYSEMKT:SAND) is -57.09% away from its 52 week high. March 20, Sandstorm Gold Ltd. (NYSE KT:SAND) announce that the Company has agreed to restructure its gold stream and loan agreement with Luna Gold Corp.. Sandstorm currently holds a 17% gold stream (the “Gold Stream”) on Luna’s Aurizona project in Brazil (the “Aurizona Project”) and has a loan outstanding to Luna with a principal amount of US$20 million (the “Loan”).
On Friday shares of Nevsun Resources Ltd. (NYSEMKT:NSU) closed at $3.59. Company’s EPS growth for next 5 years is recorded as -11.10%. Nevsun Resources Ltd. (NYSEMKT:NSU) reports that the repairs to the mechanical issue with the ball mill, previously reported on March 13, 2015, are ongoing and the Bisha plant remains on-track for re-start later this week. While there was an act of vandalism at the Bisha plant late last week, there was no significant impact to operations and no personnel were harmed.
Central Valley Community Bancorp (NASDAQ:CVCY) in last trading activity decreased -0.18% to close at $11.06. Company weekly performance is -0.81% while its quarterly performance stands at -1.25%. Central Valley Community Bancorp (NASDAQ:CVCY) is -20.07% away from its 52 week high. On Mar 20, James M. Ford, President and Chief Executive Officer of Central Valley Community Bancorp (Company) and Central Valley Community Bank (Bank), the sole subsidiary of the Company (NASDAQ:CVCY), announced the promotion of Patrick J. Carman to Executive Vice President, Chief Credit Officer for the Company and the Bank, effective April 1, 2015. Thomas L. Sommer, the current Executive Vice President, Chief Credit Officer for the Company and the Bank, has served in this position since his arrival in 1998.
On last trading day El Paso Electric Co. (NYSE:EE) increased 1.16% to close at $38.44. Its volatility for the week is 2.25% while volatility for the month is 2.31%. EE’s sales growth for past 5 years was 2.10% and its EPS growth for past 5 years was 8.60%. El Paso Electric Co. (NYSE:EE) monthly performance is 1.91%. El Paso Electric (NYSE:EE) welcomes the completion and commercial operation of the first two generating units at the Montana Power Station (MPS) located in east El Paso, Texas. The two state-of-the-art 88-megawatt (MW) simple-cycle aero-derivative combustion turbines are powered by natural gas, the cleanest fossil fuel available. The efficient aero-derivative technology provides quick start capabilities, allowing the units to go from offline to full output in less than 10 minutes, thus increasing overall power grid stability. These two units will generate enough energy to power more than 80,000 homes.