Saturday, January 05, 2008 11:55:22 AM
I like CKGT a lot and think it is one of my best 6 holdings for 2008. CKGT earned $0.044/share last quarter and last traded at $1.00/share. Their book value is $0.94/share so they are trading at roughly book value. Also, their revenue has been growing nicely. In a 10/19/07 PR they indicated that they received sales orders at a trade show for over 40M RMB of product to be fulfilled over the coming year. That translates to $5.5M in sales which is more than one quarter of sales. I think CKGT has a good chance at trading at $2/share sometime in 2008. Here is some more DD:
Board
http://investorshub.advfn.com/boards/board.asp?board_id=8174
Overview
China Kangtai Cactus Bio-Tech Inc. is market-leading cactus grower and producer of cactus-related products with over 520 acres of plants and an active R&D group that holds 17 product patents and is seeking another 15 in a variety of product categories. Kangtai's high-quality products are sold throughout China through a growing distribution network that includes franchised, company-owned and third party stores, as well as store counters in supermarkets, department stores, hotels, restaurants and malls.
Web Site
http://www.biocactus.com/
Products
This is a sample of a few products:
Financial Information
PRs
11/26/07 - Q3'07 Financial Results - http://investorshub.advfn.com/boards/read_msg.asp?message_id=24800734
10/19/07 - Sugar & Wine Products Trade Fair -http://investorshub.advfn.com/boards/read_msg.asp?message_id=25649749
09/10/07 - Cactus Health Cigarettes - http://investorshub.advfn.com/boards/read_msg.asp?message_id=25650394
Charts
Board
http://investorshub.advfn.com/boards/board.asp?board_id=8174
Overview
China Kangtai Cactus Bio-Tech Inc. is market-leading cactus grower and producer of cactus-related products with over 520 acres of plants and an active R&D group that holds 17 product patents and is seeking another 15 in a variety of product categories. Kangtai's high-quality products are sold throughout China through a growing distribution network that includes franchised, company-owned and third party stores, as well as store counters in supermarkets, department stores, hotels, restaurants and malls.
Web Site
http://www.biocactus.com/
Products
This is a sample of a few products:
Financial Information
Quarter Revenue Diluted EPS
Q3'07 $3.96M $0.044
Q2'07 $3.72M $0.052
Q1'07 $2.37M $0.027
Q4'06 $3.03M $0.016
Q3'06 $2.81M $0.050
Q2'06 $2.50M -$0.011
Q1'06 $2.04M $0.027
PRs
11/26/07 - Q3'07 Financial Results - http://investorshub.advfn.com/boards/read_msg.asp?message_id=24800734
10/19/07 - Sugar & Wine Products Trade Fair -http://investorshub.advfn.com/boards/read_msg.asp?message_id=25649749
09/10/07 - Cactus Health Cigarettes - http://investorshub.advfn.com/boards/read_msg.asp?message_id=25650394
Charts
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