Empire Building 101
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Could anyone post the fully diluted shares here? My number is a tad bit over 22Mil. What is everybody else coming up with?
I believe that is only part of the criteria with the other being share price. With that being $4 they can uplist without having to be a certain amount. Not 100% sure on that but I think the SP alone can get them on the NASDAQ. If I'm wrong surely someone will let everyone know.
IMO, we also see managemnt start with a PR campaign soon but the idea was to get the numbers to do the talking which obviously they have.
I personally know of 15 people who own ckgt already. Wonder how many shares are in street name?
The PR stated that no early termination fees or further obligation. I for sure thought they had a 200k fee. In fact it may have already been paid. Anybody have anything on this?
We goin rock very soon!
I agree with you Traderfan that .07-.08 is an expectation. I also agree with you about the Seaside deal. I've been told that they did not give any shares to Seaside. They will be paying a $200k termination fee I believe.
Wonder why management no longer felt this deal was benenficial(LOL) or in the best interests of CKGT.OB?
This management is much smarter than most have given them credit for. Other than any mention of uplisting they are better than 95% of other Chinese companies who continually dilute to the extreme with no consideration for the shareholder.
As far as o/s Traderfan how many shares are you using? I believe totally we are going to max out around 22 mil. I thought we were a tad over 24Mil including the 2.1 mil from Seaside.
On a further note...my expectation is still for an uplisting this year. I certainly hope it will be Nasdaq and not AMEX.
Management knows what they have here and surely will not sell the shareholders short in lieu of their high ownership.
I like how the CEO uses the word exponentially. The meaning trully underscores the 35% growth that is forcasted especially in lieu of 3.000 more locations. I really don;t think anyone except a few really understand how trully undervalued ckgt.ob really is.
Under the agreement, all the Yongkangmen drugstores nationwide will promote, market and sell China Kangtai’s cactus-derived products for the next three years.
China Kangtai CEO Jinjiang Wang said, “Traditional Chinese beliefs view herbal-based medicine and dietary supplements as an alternative to healthcare. The demand for our cactus health products has been expanding every year. By leveraging Yongkangmen’s prominence in the health product retail industry, we can expand our market share into new territories exponentially, which creates a win-win situation for both Yongkangmen and Kangtai.”
About China Kangtai Cactus Biotech, Inc.
A very well written article.
http://www.brandchannel.com/home/?tag=/China+Kangtai+Cactus+Biotech
CKGT is not currently getting the buying power to proceed onto its journey to a fair market value considering it growthrate past,present or future.
Other than no mention of an uplisting I really don't understand why they have not been rewarded in terms of PPS The growth isn't phenominal(sp) until one releases that their is a 3 year history of this sustained growth.
Certainly our day will come and with that a new group of pumpers and bashers.
Pappy you had stated my revenue estimate was high at $6.1 Mil. What are your expectations for revenue? I realize you expect a nickel which I believe is low but heck that is 66% increase in net income.
I was going to add some ckgt.ob today but have decided to add some SUTR instead. Earnings will be up substantially going forward.
I've waited for ckgt.ob for so long beginning to sound like a broken record. Not to mention my holdings are very large.
So much for my $3 coming soon after a great report. I'll say it again we should see $3 and hold after Q1(LOL)!
Probabbly a very good buy. IMO, yesterday ended the shakeout and today we start our little run to $3. I've been saying this for how long(LOL)?
If we drop today which probably won't happen my intention is to buy a few trading shares. My current core shares are up 100% since the retracement.
Very disappointed that we did not get the press we deserved after a great 10k. In all reality we hear nothing until they have acquired their full position.
Look for ckgt.ob to drift back up as China comes back into play after BIDU earnings. This will spread like wildfire as people once again become focused on China microcaps as being severely undervalued when compared to the larger caps.
Load up because Q1 record results are near! The catalyst will be the revenue growth as it becomes common knowledge that the 30% not only sustainable but is accelerating.
AS I continue to talk to myself...looks like somebody has been selling at the bid today. If they continue to sell I will be a buyer again. Whoever the seller is will be very disappointed soon.
Record low inventories again for q4 with record sales is very good news. With new product released in q4 we are probably producing enough cactus for existing product.
IMO, this is why they have been very slow to bring new product to market. Now let's do a little indepth look at Q1 numbers.
Q1 of 09 brought in sales of 3.3 Mil.
Looking at q4 08 we had sales of $6.3 vrs $7.9 for 09 (took out cigs & pig) for an increase of 25%.
I then took $3.3 Mil x 1.25= $4.125 mil
Let's now assume cigs and pigs were released Dec 1 and annualize the new product.
Cigs 300k x3 months= 900k
pigs 300k x 3 months=900k
$4.12(existing product) + .9 (cigs) + .9 (pig)= $6.1Mil
I come up with $6.1 Mil for Q1 vrs $3.3 mil which equates to 85% growth. As far as net income we will probably be above my prior expectation to .07 for a 133% increase in net profits for the Q.
Record Q1 Revenues up 85%
Record Q1 net Income up 133%
Let's see some discussion and expectations of Q1 These are my thoughts and expectations.
(O.T.) I do realize and like that you are outspoken but perplexed that you give SIAF leeway. They were to have news pertaining to the divi by april 1 along with some completed financials. We have been hearing this for a few months.
You have been very critical of many companies not meeting deadlines and with SIAF understanding. You are just opposite of joenatural with SIAF as he really appears to dislike Chad immensely.
Traderfan normally you are much more skeptical than you are acting with siaf. They were suppose to have info on the divi April 1 and have not done so. Quit being so kind with siaf.pk and be yourself. Maybe your holding a large position and don't want to bash(LOL)!
I like SIAF.OB but the accounting issues alone is scary until they get these past reports filed. Not to mention that they were going to give us the dividend info by April 1 and we are now close to May. Playing with the o/s share count is a red flag also. If I keep typing I might talk myself into selling. These are the red flags and the reason I haven't invested more.
IMO, ckgt.ob is a much safer investment.
WAG 05/09/10 4:15 pm
StevenRisk
Gorilla(Rich) investing the way I do is not for the faint of heart. I believe in the old cliche "put all your eggs in one basket, and watch the basket very close". This phrase was coined originally by Warren Buffet who has weathered many storms.
I currently have a decent sized portfolio but have concentrated mostly on China agriculture as a growing middle class will definately increase standard of living thus 70% in ckgt along with 10% siaf.pk with 15% in srry.ob which is predomianately in waste removal and recycling which I believe to grow huge in the next 3-5 years.
Except for a little play money(daytrading) my money is usually l-term or until fundamentals change.
Currently I believe CKGT.OB has one of the best risk/reward stocks currently out there. Unlike many other stocks we don't have to worry about somebody reinventing the wheel here. They have 60% market share and growing acceptance of cactus as an alternative to synthetic drugs.
Worse case snenario 2010 earnings come in at .60 and the stock sits in the $2-3 range. Best case earnings come in at .70-75 with an up listing later in the year and we get a PE of 10 which puts us at around $7-8 within 12 months.
In conclusion the risk is very low and the reward is 300% within 12 months. I find this very undervalued and misunderstood.
They have 60% market share and insiders own 60%. Almost to good to be true and no insider sales in two years. What is their not to like Anybody please answer this?
Time for a pre-earnings run to $3 starting this week IMO.
Probably looking at gaap earnings which do show a loss for 3 q's thus not showing up under radar.
Fortunately we all know here that the charges are bogus.
While I believe Gary and Glen could/ would do a better job that alone is not the problem.
The company has been communicating with shareholders on a very regular basis when news is newsworthy thus not a bunch of fluff PR's.
The problems that come to mind is:
1) slow product release as it takes 2-3 years after patent
2) cactus supply which IMO is the reason for #1 as they want to be 100% capable of producing the launched product with no shortages.
3) Most investors are U.S. and still have not grasped the fact that cactus is a healthy product with l-term benfets. Once this is confirmed with some institutional support this too, changes.
4) No updates or mention of an uplisting from management. This alone doubles the price immediately.
5) No mention of net income for 2010 in the guidance. If you want to get an indication of this look no further than the past result as that usually is an indicator. Patience is needed but let it be known this story is unfolding very positively.
There are times when it appears as though we are talking to ourselves on this board. Hwever this to will change. While many have been following this stock, most of these investors have very small holdings. Personally my shares are over six figures and I am a very strong believer and will stick with my $6-8 yearend price.
Sorry Traderfan somehow I missed that. I've only spent about 10-20 minutes aday on the computer for the last 3 weeks trying to get a rehab finished.
It appears they transposed the numbers of $25.6 Mil inatead od the $26.5 Mil in sales.
IMO, this is a dunk shot regardless of when they uplist. Unfortunately, management does not see it this way atleast based on their actions.
With a higher share price after uplisting they would not need as much money in the event they did dilute to help finance the expansion. Although I don't expect any dilution or a need for immediate cash.
Surely afew of our traders(LOL) have sold shares with the increase in price. I've had a few shares I traded in the past but no longer trading as I feel at some point this is going to do a BSPM move and I don't want to get caught holding the bag.
The only way I sell shares is if bad news comes out. I still expect very good news is coming with the cigs. Q1 will be very interesting. If they can garner $1 Mil in cig sales we are off to the races. Good thing is we will get results in about 3 weeks.
IMO, it is time to accumulate even more shares. GLTA
This is confusing? Q4 was better than q3. First this then thr actual.
For the full year, the Company believes reported revenue will be approximately $25.8 million, up 27% from $20.3 million in year 2008, attributable to strong sales of its new products, including, cactus-based low and zero nicotine cigarettes and cactus-based “green” animal feed.
Now the actual.
FY 2009 Highlights
•Revenue for 2009 increased 31% to $26.5 million from $20.3 million in 2008.
•Gross profit increased 32% to $10.5 million for 2009 from $8.0 million in 2008.
•2009 gross margin 40% vs. 39% for 2008.
Now we have sales that were much better than Q3. Orginally the thought was thery were less with new product but now we have sales higher for Q4.
http://finance.yahoo.com/q/is?s=CKGT.OB
Forget GeoInvesting this is the real ticket. Hopefully Gary and the whiz kid can become their IR. Once this happens show them how important and beneficial an uplisting can be to themselves and the investors. This is a s-buy and nobody is going to convince be differently. Please get the message to Hawk and convince management.
Can't open the presentation. Can someone post the presentation here? TIA
Can't open the presentation. Can someone post the presentation here? TIA
Bought a rehab(foreclosure) 3 weeks ago. As soon as I;m finished which should be this week my intention is to get the premium membership.
My computer got a bug and is being repaired. May have lost everything as I did not back anything up.
Volume is the key here. We need 100k average for about a week and we could easily see $3 which I had expected this week after stellar earnings.
Throwerw you stated that management was on the road. Any idea as to what they are up to?
Anybody buying here at these levels? With the annouced growth projections and many besides myself feel very strongly that these are low-balled revenue guidance.
Sure would be nice to hear Zack chime in after these excellent results.
It is amazing that this tock was once again rated numbe #3 on CGS yet hardly ever a post regarding the future or new products. Trully amazing.
Two years ago CKGT was losing money regularly on the cyclicality of its business. This year they very well will be close to making as much money in Q1 as this did in all of 2007 with more shares o/s.
Once we get the next cig news this is off to the races as my expectation is we see $4-5 rather quickly.
Furthermore we should be getting a GeoInvesting write-up very soon as the numbers were very impressive.
CKGT.OB can no longer be ignored along with the "wait and see" attitude.
With people living unhealthy lives and the projection that the present generation(new borns) the 1st generation that will not live longer than parents.
This will increase the interest in healthy foods and will no longer be a fad.
Take a look at the side effects of prescription drugs and it is no wonder that many people will migrate to natural foods that help with blood pressure, diabetes, obesity, cholestrol to name a few.
The future has NEVER looked brighter for this company.
While many stocks are hingent on oil prices or the economy in general CKGT is in a class all by itself.
Think l-term as they have 60% of the market and with this the ability to raise prices and a whole world to exploit...oops I mean expand.
Almost forgot to mention the new product launches planned. Unbelievable and to think we are at $2.60 with a forward PE of less than 5 and growing revenues at 30% annually with 50%+ increase in earnings.
Now you get the picture.
With .43 earnings in 2009 and .65 lowball 2010 with an emphasis on lowball we will start to see some serious money pour into this stock very soon.
We should see $3 very soon in anticipation of another record q1 in less than 3 weeks.
Q1 is the slowest Q by far. Last year we had $3.3Mil in sales with net income of 284k.
IMO, this year will bring sales of 5.1 mil and net income of 770k which should equate to an increase of 170% on net income on q/q basis.
Also a 54% increase in sales. Don't be surprized if sales are more than my projection. Hang cause once they come to the realization what an uplist will do(and they will)hang on.
Yearend projection on PPS is $8.25 and $13 for 12/31.2011.
Exactly where is the expansion leading to and what is the meaning of the last line here?
Liquidity and Capital Resources
We had cash and cash equivalents of approximately $2,918,000 as of December 31, 2009, as compared to approximately $4,399,000 as of December 31, 2008. Our funds are kept in financial institutions located in China, which do not provide insurance for amounts on deposit. Moreover, we are subject to the regulations of the PRC which restrict the transfer of cash from China, except under certain specific circumstances. Accordingly, such funds may not be readily available to us to satisfy obligations which have been incurred outside the PRC.
IMO this is Mexico related and possibly very favorable implications. However, this is a WAG.
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A pullback is very possible.
My personal feeling now is the time to buy as earnings was a confirmation of what is to come.
Certainly would have been nice to hear a little more about pigs and cigs.
$3 is coming soon IMO.
GLTA..Got to go!
Thanks but you sounded more like you were agreeing just to avoid the ridicule.
I do think buying was a wise thing in lieu of the new product and getting product into 3,000 stores.
Seeings you live in China could you be kind enough to try some of the product and maybe smoke a cig or two...feedback.
Could you tell us what your opinion of management is after talking with them. Did you go to the location of any of the actual farming or processing operations?
Just got home...been working on a rehab to see the great news.
AS far as the .16 it was a lucky guess(LOL).
Looks like we are going to see $3.00 very soon.
Today we will get noticed in a very big way as people realize that CKGT is not dependent on the cigs for success although they will add nicely to the bottom line.
Watch the beverage part of their business continue to explode.
I mentioned this before....wonder what an additional 3,000 stores add to the bottomline?
Another excellent q1 to be reported...my guess revenues up 40-50% with net income up even more.
While being truthful you sometimes come off a little harsh(LOL).
Are their any termination fees pertaining to the cancellation of theSeaside deal?
In regards to the 10k to be filed by the (15th) Thursday I believe we see .16 earnings non-gaap.
With the cancellation of Seaside fully diluted o/s should be a around 22.5 Mil I believe which makes .70 not only sn doable but an expectation on my part.
Some peope will soon realize the impact that 3,000 stores will bring to the bottom line. They are selling natural products that have no side effects and have numerous positive health benefits.
This stock is ano-brainer at these prices and will see $6-7 this year with double digits next year IMO.
Anyone care to comment on their expectations?
I noticed on the 10 amigo list that the individual who lives in China and posted the negative things about CKGT has them picked in his amigo list.
For this throwerw surely should have some explaining. That is surely pathetic but then again you had the guy pumpimg SIAF who is know working for them doing PR.
Absolutely sick watching the pumping while they are selling and bashing when they are buying(imo). No integrity anbd disgusting to say the least.
However their is afew posters I totally respect and that is hweb and Bobwins although Dreixon and rot are moving up the list and of course pappy and Gary. Traderfan appears to be outspoken but truthful wish I do respect.
Sure expect new highs very soon. Been buyin with ya.
I agree with the statement of the 3,000 stores and have come to the conclusion that 50% growth is an expectation on my part.
It is becoming very clear that .65 earnings for next year is once again becoming clearer as this story continues to unfold.
Still waitin for the cigs....still believe we see double digits next year.
Sorry Drexion I;ve contained my optimism for over aweek(LOL)!
Must say todays marketing agreement is very good news.
Obviously the expectations for Q4 tempered the stock price with 35% growth guidance for 2010.
Shortage of cacti no longer seems to be a problem otherwise why would you sign this type of agreement.
Traderfan I'm going to say it again they have low-balled 2010 guidance. I still say we are going to see 50% growth.
The only negative being if they do a secondary for expansion.
Still waiting for my cactus cig samples.
IMO, after q1 results we test the old highs and then $5 which will bring in institutions.
arnings per share:
Basic & diluted earnings per share-continued operations $ 0.09 $ 0.08
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Basic & diluted earnings per share-discontinued operations $ (0.00) $ 0.00
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Basic & diluted earnings per share $ 0.09 $ 0.08
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Basic & diluted weighted average shares outstanding 22,866,229 21,794,722
============= =============
Sure would be nice to have an on time filing but then again we didn't have it last year so in reality probably won't have it this year. look for medicore results for q4 and excellent 2010 with earnings up 50%+ is IMHO(LOL)!
Tommorrow should be the date barring any late filing. Sure hope we get some type of fanfare albeit up/down.
We all know what revenues are but how about net income? With lower than expected revenues I'm thinking.11-.13 on 22 + Mill o/s FD.
Could see a little start-up costs with new product launch(cigs & pigs q4)...just a hunch.
Uptrend or not I've been adding because I think CKGT 's future is very bright especially with more product launches knowing that growth is a given regardless of the ecnomy.
After all 35% growth and all organic is really quite amazing and to think they have been averaing 30$.
Exactly how much land does CKGT.OB have?
Is there a cactus shortage? We keep hearing 387 acres.
China Kangtai Cactus Bio-Tech Inc. engages in the production, R&D, sales and marketing of products derived from cacti. Our product lines include cactus nutraceuticals, cactus nutritional food and drinks, as well as cactus raw and intermediate materials.
The Company has over 469 acres of cactus-farming bases in the Guangdong and Heilongjiang Provinces of China. The Company predominantly grows three species of cacti which are Mexican Pyramid, Mexican Milpa-Alta and Mexican Queen. Mexican Pyramid and Queen cacti are used for cactus fruit drinks and nutraceutical products; Mexican Milpa-Alta is mainly used for cactus nutritional food products. Most of the cactus fruits are processed into cactus fruit juice, which is the raw material for cactus nutritional drinks. Most of the harvested edible cacti are processed into dry powders, which are raw materials for cactus nutraceuticals. The Company’s annual production capability of edible cacti in 2008 is 14,425 tons.
Who knows maybe they will show a loss and we actually go up(LOL)!