YaSheng Group (HERB)

[tbirdman]

$HERB - Yasheng Group's new hemp subsidiary blog. Interesting....

http://www.hemproute.com/blog/

HERB trading a ludicrous valuation here, and for the first time in YEARS, I believe that's about to change with the hemp press...

*Multinational conglomerate with US Assets - critical component in fraud ridden china sector

*Supplier to McDonald's, KFC, Tsingtao Beer, Pepsi etc.

*Market cap is 188M with 1.01BILLION revenue for the year, LOL

*88c eps for the year gives a PE of 1.4

*Book value is over $14/share

*Float is only 14M shares as insiders control over 90% of the O/S

Yasheng Group Completes First Industrial Hemp Shipment to the United States

The delivery marks an important step in an agreement made last year between $HEMP Hemp Inc. of Las Vegas, Nevada and Yasheng to contract farm approximately 600 mu of hemp in China for import to the U.S. Yasheng is currently preparing to ship the remaining output of the crop in the form of fiber, chaff and hulled seeds. The two companies are currently negotiating a new contract for the 2014 planting season.

http://www.reuters.com/article/2014/02/26/idUSnMKWXybs0a+1e0+MKW20140226

Browse the 10K,

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001199835-14-000130%2Etxt&FilePath=%5C2014%5C03%5C31%5C&CoName=YASHENG+GROUP&FormType=10-K&RcvdDate=3%2F31%2F2014&pdf=