I'm looking for some where around .60 eps from GGEC America and the stock to trade post split around $1.80 3x eps I believe GGEC China is trading around 25x earnings atm If GGEC America trades around 25x earnings that makes it $15.00
I'm on the low side at $1.80..Strong company with year for year revenue and profit growth. I'm truely not sure at the moment..Just waiting for the transaction to finish and see if its better than I expected.
2008 revenue of GGEC 144,191,669 US Dollar 2008 Earnings 12,953,804 US Dollar Around 47% of earnings comes from America
Numbers on GGEC China
INCOME STATEMENT ANALYSIS Totals 002045 Total Revenue 144.3M Gross Profit 37.9M Operating Income 19.9M Net Income 13.0M
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