Empire Building 101
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Agree Drexion!
While my expectations are much higher they obviously should not be expressed in the manner I have done.
The 35% is a very good guidance. I will try to temper my forcast and align it with management.
However, once I receive my sample of cigs I will have insight that I did not posess and may not be able to temper my optimism any longer(LOL)!
Then again I may realize that the cigs are a total flop and move on.
Can't wait for the Q4 and some updates on new product and possible release dates.
Remember the Guidance was only a target for 2010 and not a projection. This needs to be clarfied as my beliefs are we see 50% growth and 75-100% earnings growth.
The headlines are stating guidance when they are no more than the demonstrated growth when one takes into consideration the 27% for 09 and 35% for 10.
Financial Outlook
"Based on continued strong demand for existing and new clients, the company is targeting its revenue for the full year 2010 to be approximately $34.8 million, up 35% from approximately $25.8 million in year 2009."
The above statements regarding forecast are forward-looking and actual results may differ materially. These are the company's targets and not predictions of actual performance.
The Company anticipates reporting its fourth quarter and full fiscal year 2009 results by March 31, 2010. More information on the Company's financial results will be provided at that time.
No lack of cactus.
I believe that was q4 but not going forward. Atleast that is my hope!
Another launch coming?
http://www.feedmachinery.com/news/asia/100111_03/
Sure doesn't look like a lack of cactus.
I still believe we do .15 for the Q but have dropped this from my prior .17 expectation.
With these kind of numbers and growth I really don't understand why we are selling so cheap.
Traderfan what are your expectations PPS with .15+(nongaap)
and then beloe .13
Naturally forward looking statements will have an impact on the PPS.
In the event they announce positive news with new product release, cig news, or pig feed and new highs are immediate.
Without positive product announcements and earnings of .12 or less the stock continues to linger between $1.90- $2.25
Also any mention of an uplist is worth $3+ immediately.
Still accumulating...Steven
My interest is HEALTH and the cigs are only a sideshow with an absolute possibility of doubling CKGT.OB in a very short period.
Go to the website and do some DD. The makeup of cactus is very beneficial to human health which is beneficial rwlating (animal health) to blood pressure, obesity, and diabetes to name a few.
This alone is a huge benefit and a deciding factor for me. China is much more dependent on natural cures rather than all the synthetic drugs and the side effects associtiated with it. Even thought that is changing too.
Eating and drinking healthy in China is on the increase.
As far as the 400 acres and growing the company seems to have went into another direction and that is to farm out the actual growing of cacttus using CKGT.OB expertize. Reread the PR's.
Next week should be an interesting week as the annual and 10k are expected.
IMO, in the event we see .15 for the Q we could go to new highs very quickly. However, anything under .10 would probably drop the price and fill the gap in the $1.80's.
My expectation has dropped with the q4 guidance to .13-.15
Drifting just as expected. Oh well just another chance to add.
Added another 5k of srry today at .42 which surely will be a steal within a year hopefully. Still adding to ckgt.ob with hopes of multibaggers in both. Have done very well with jada.
This is very good news. I may very well have had the wrong type of cactus not really sure. When I e-mailed the company and sked this question never received an answer.
Please try and get this company as a client.
In all reality we will probably drift back down to the $2.00 again today. IMO, the seller is still around just doing their best to sell above $2.
We really need some updates with pigs and cigs and new product.
I believe we have cactus shortage. After doing some research I believe it takes a couple of years to get finished product from planting new acreage.
If so, that is probably why we will see the 30% growth unless they have signed some farmers with acreage in the last couple of years where product will be available soon.
The real positive is that not (1)ONE insider has sold from the run of .12 to $3.00 and that alone is very meaningful especially knowing the amount of money they are paid is peanuts.
I no longer get the buy and the price drops...go figure!
I got tired of chasing this today and finally paid the 2.18
If this ever hits pappy's target I will be very well off!
Looks like ckgt is getting ready. I had an order in at $2.01 today but pulled it after it started to drift upward.
Exited creg for a nice trade.
white tiger(Maj),
You were going to try and set up a meeting with CKGT if I remember correctly.
While I am not a smoker many of my friends are. I have a free sample coming as Susan was able to facilitate this to happen. This IMO, will help me considerably make my decision on whether or not to add to my already oversized positiom.
The cigs are the only reason I have a position as large as I do. With the continued negativity towards the harmful effects ofsmoking this could trully be blockbuster.
Sure is depressing here again today. Guess it is time to shut the computer off and go back outside and play gardner.
Sure hope it is people selling the converted warrants and not bad news looming or my goose os cooked!
Traderfan obviously you do have faith or you would not have bought more. My funds are not available until tommorrow. I'm probably about ready to splurge for the premium membership.
What are your thoughts for JADA.Ob on earnings?
Have you ever looked into SRRY.OB?
Good call on the sub $2.00 call today. I'm impressed.
Remember thrower posting this back in Nov. What was his verdict with this accusation? I know he still posts on the Chinese microcap board and apparently lives in China. Could you have him respond to these allegations made?
Posted by: throwerw Date: Thursday, November 26, 2009 11:27:10 PM
In reply to: Gary R who wrote msg# 557 Post # of 1595
We have been talking to policemen today. There is an ongoing investigation into both Yingxia and Harbin Kangda Cactus concerning illegal fundraising activities. The policemen were unable to give details, but they gave us this advice: "If you invested money, come in and report it; If you are thinking about investing, better not." We confirmed that we were talking about the same Harbin Kangda, and we were told that the company was quite famous in the area.
Called the company again, we were able to get through with no problem, but the site is still blocked. So the business is still ongoing, but there are problems to be aware of. Hopefully the CEO is telling the truth, and Kangda comes out of this ok.
CSP, keep up the good work, we're all thankful for what you do. I'm going to watch this one from the sidelines because you've led the way to so many other great China stocks.
I would buy more but have no funds until Wednesday. Jada looking good and CREG ...oh well. Time to shut computer off and play with my real estate holdings.
Zack is there any intention of your website doing a write-up with ckgt?
Obviously nobody is doing anything to get the word out. I thought by now GeoInvesting would have done so. Glen has not so much as mentioned it in almost a year.
Why is this? IMO this is one of the most undervalued stocks in lieu of new product and existing product.
It appears recession resistant but still gets no respect.
Agree. Between this and ckgt.ob are my only l-term holds as I believe they are both multibaggers within 18 months. I own others but they are for swing trading only. Any profits I add to these regular with swing trading gains.
Traderfan what is your opinion of CREG? I bought some today.
Still wanting to get into RHGP but haven't yet.
Fool or not I'm out. orginally they thought their was no problem with the assets. Now they need cash...yada yada yada. Throw the crooks in jail. I should have known long time ago when they supposedly had millions but still paid in stock.
Looks like 10k just went through...I need to get to gardening and quit talking about it(LOL).
No clue but Susan said it was not a problem. If they could get some type of contract in the U.S this would give them legitimacy and at that point blue skies ahead.
Still patiently waiting for the next cig news.
Has anybody tried the cactus cigarettes? I'm supposedly going to get some samples from CKGT. I thought it would be an issue getting samples in the U.S. but apparently not. Once they arrive I will at that point know for sure.
If anyone has already received samples please let us know.
Nice volume yesterday and we may get even more today. Apparently I'm talking to myself.
Seller disappears...buyer disappears.
Back to the duldrums. Time to get ready for some gardening and lawn work.
Overweight is an understatement.
I've done an enormous amount of DD and convinced without a doubt the cigs will add considerable to the bottom line.
As far as the seller is concerned I have lots of patience and have added throughout the downfall.
In reality after the warrant news in Jan. I should have known better. After all it is not my first rodeo.
An up day is trully good news as my funds are dropping and I do not have much left to buy in the event we fall below $2.
Also feel very strongly that management totally lowballed 2010 estimate and that is why I've been buying.
Had another 8700 ask go thru at 2:45 Hopefully somebody knows something.
The bid stinks yet we had a 14,300 share trade go by about 30 minutes ago. This is the largest trade I saw go by in a long time.
BFAR has come back very nicely.
A few very nice size blocks went thru already today.
Maybe the seller is about done. I did buy a fw shares again. Now watch this go back down. Happens all the time.
A little volume today can't be all bad right?
We need the warrant selling to go away and see where this goes.
Is there any way to find out how many warrants that have been excersized and sold?
This would really help a great deal.
Has any of the regular holders here sold out of pure frustration in the last few weeks? Trying to get a feel if this is warrant conversion selling or swing traders moving funds.
Just knowing they answered an e-mail is enough for me for now. Still holding...although not adding.
Trader with these 2 million shares up for sale since mid jan. and the obvious intent to sell this is and continues to be the catalyst for the downward pressure on the stock.
My guess is the seller is getting close to total liquidation.
After he is gone we should be back in business and that should be soon as the volume since Jan. is compelling.
Good news would probably take out the seller once and for all.
How long did it take for CCME and the warrant fiasco to play out?
Wish we had 100k volume back again...news.
Well atleast the CEO is still around(LOL). I thought he was long gone. Hope is all we have...
CKGT announced a land purchase in August 09. In the PR they talked about 181,854 square meters.
The conversion is as follows:
http://www.metric-conversions.org/area/square-meters-to-acres.htm
This was on the web-site under overview. Was this already there or an update on the board? Talks about baby food in the near future.
03.Packaged-food
Currently, China Kangtai produces a wide variety of packaged foods containing cactus or utilizing cactus as the primary raw material. The Company produces cactus in many edible varieties or as the main ingredient in other food products such as noodles, bagged cactus fruits and vegetables, cactus biscuits, and pickled cactus. Cactus based foods provides a unique and healthy alternative for consumers. Chinese consumers are continually making the switch from loose products up to packaged foods, and value added packaged foods which are expected to experience stable growth. This evolution of consumer food expenditures is looking good for China Kangtai as their products precisely target these consumers. China Kangtai will be introducing a number of baby food formulations in the near future. Baby food is a very attractive and rapidly growing segment of China’s packaged foods industry.
Traderfan on Jan, 12 the offering was for 2 Mil. The shares werer goingto be sold after the registration. How long does the registration process take or once filed thye can sell?
I would think it was immediate as the PPS was $2.90 and it has drifted ever since. If so, I believe the warrants are coming to an end very soon.
With 3.5 Mil warrants if the plan is to liquidate the position we good be dead money for a long time. Ithought CSP said one of the investors were very hppy and not going to sell.
Like I said if they are liquidating their position we are goingto be here a lot longer than I thought.
It will be interesting to see how bad they want the money.
Traderfan where is the fluff? They told us nothing except they are forcasting 35% growth. They should have attached something with earnings.
You are one of the few I follow or listen to because you are truthful and usually dig for the facts before you speak.
As far as dead money I agree 100%.
Looking for a bounce on SKBI as they are supposedly presenting in the U.S. today.
Getting back to CKGT and the PR that their would be no impact on current business pertaining to the imminent domain . My thought was the key point "no impact on current operations" was truthful.
However, how does this slow down the growth in the future.
How long soes it take to plant the cactus andget finished product from planting to harvest. My guess is probably more than a year.
Surely somebody will comment on this and enlighten us all.
My gut feeling is they have a supply issue and until it is resolved, growth and product launches will be impacted.
However, in the event they do get enough suppliers we are back in business.
I believe the whole story is intact and once they can address the supply/demand issues we are back in business. Until then without news we are dead money.
A PR with another cig contract certainly could/would help. Did I forget to tell you that I still expect this to happen very soon?