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CBPO has been doing great! Since Dec. uplisting, it finally appeared in IBD rating. At the beginning, it was incomplete and hover around 60-70. This morning I checked again, it is already #1 in its group which includes power house like Amgen. It should be cracking IBD#100 soon in this rate.
Its TTM EPS (non-gaap) is 1.01 and apply only 30% growth for 2010. It will be only 1.31. Assigning PE=15 as it is much safer play now in big board and potential increase from indexes and instituional buyers. The target is 19.7, which should leave about 50% PPS growth in 2010. So holding for LTCG for 2010 seems to be safe bet.
GOOD MOVE.
Why do you double the allocation to UTA and CCME ?
R59, agree with you on pullback. I expect to down to close to 7 because a lot buys around 6.875, which is the support.
Excellent. Looks like I need to subscribe to use search feature. Just think a loud. Is it possible to do a study similar to SSILKZ1 did ?
1. Dividing into 3 categories. less than $1, between $1 and $5, above $5 and see which perform best ( I do expect sub-$1 will outperm the other 2. Just like to know if most gains were contributed by first category)
2. is it possible to rebalance and compare rebalanced index result monthly ?
3. It is interesting to have a rule of PE under 15. Wonder if that E is gaap only or non-gaap. ex. CBPO has gaap PE of 29, which disqualify it but non-gaap E will make PE less than 15 and qualify. Similar to question 1, is lower PE actually performs better than higher PE.
In essence, I really like to understand if there are couple technical characters for higher performance CHVMC stocks in general?
Thanks R59. I saw the list earlier but couldn't figure out who maintained the list and how it was created. Is it just your personal list or VMC list that moderator maintains for the board? I did compare the list to official VMC list but didn't think it is a subset. There is no official ECSC list either.
R59, Where do I see the list of VMC China microcap ?
BSPM: new purchase!
Should not be surprised since last 2 PP come so quickly. Can't tell what OI numbers for the new purchase..
Biostar Pharmaceuticals, Inc. Secures Letter of Intent to Acquire Xi'an-Based Medical Equipment and Nutrients Manufacturer
PR Newswire
posted: 1 HOUR 53 MINUTES AGOXIANYANG, China, Dec. 16 /PRNewswire-Asia-FirstCall/ -- Biostar Pharmaceuticals, Inc. (OTC Bulletin Board: BSPM) ("Biostar" or "the Company"), a Xianyang-based developer, manufacturer and supplier of pharmaceutical products and medical nutrients addressing a variety of diseases and conditions, today announced it has signed a letter of intent ("LOI') with a Xi'an-based medical equipment and nutrients manufacturer ("Acquiree") to acquire 100% of the Acquiree for $1.1 million in cash.
The Acquiree manufactures and distributes topical hernia treatment belts with two traditional Chinese medicine bags being applied to body points associated with hernia. The Acquiree also manufactures a nutraceutical product for treatment of gynecological inflammation in young and middle-aged women. The Acquiree has been manufacturing and selling its products in Xi'an and an adjacent province since 2004. Biostar has calculated the revenue contribution from the acquisition to add approximately $3.0 million in revenues to BioStar's revenues in 2010.
"Our potential acquisition of this company will add a unique medical device and other nutrients to our portfolio of medicines as well as open a medical equipment distribution opportunity for us," began Mr. Rongua Wang, Chairman and CEO of Biostar Pharmaceuticals. "We have been monitoring this target acquisition for the last couple of years and have always been impressed with the market potential of its product line. If the acquisition is successful, we anticipate a very smooth assimilation of their products into our distribution network and corporate culture," Mr. Wang concluded.
About Biostar Pharmaceuticals, Inc.
Biostar Pharmaceuticals, Inc., through its wholly-owned subsidiary in China, develops, manufactures and markets pharmaceutical and medical nutrient products for a variety of diseases and conditions. The Company's most popular product is its Xin Ao Xing Oleanolic Acid Capsule, an over-the-counter ("OTC") medicine for chronic hepatitis B, a disease affecting approximately 10% of the Chinese population. In addition to its hepatitis product, Biostar manufactures two broad-based OTC products, two prescription-based pharmaceuticals and thirteen nutrients. The Company has adopted international standards and is in the process of applying for two patents.
Safe Harbor
How did you know that when you are free member also?
How IHUB gets data and how frequently update them ?
Thanks for providing the link which helps on definition.
How about %PE-industry, PQ ratio. how industry is defined.
When I key in some OTCBB stock into quote and click on "financial". I got very complete quarterly, annually and ratio data. However i am not familiar with many terms used and how calculations are done to get the ratio etc? Also what is the data source, how frequently are they updated?
Ex. What is PQ ratio? what is %PE-Industry? Does it mean it lower than X % or higher than x% ? What industry is compared with for particular stock ? what is industry average? Can anyone point me to the right location to get these information ?
nothing
TSTC, RINO and BSPM
I learned my lesson from RINO as well. about month ago quickly ran up from 14 to 25 and a self registration scare I sold at 23. it backs down short termly to 19. Now it is about 30 before reaching high 33.
The long term for these hot stocks is really short term. I am not day trader. I can't play this short term game.
Now brings up the next TSTC/RINO candidate BSPM, same HCI favorite. It will have similar days as TSTC and RINO next year. better hold tight.
Rd: TSTC target
Last time sold 1/3 at 11 at FCC approval. now 16. Need to think twice now.
If guidance 31M sales and estimate 0.7 EPS reached for Q4. 2009 over 2008 growth both top and bottom at 100%. Three year average sales 54% and EPS 45%. Lets say 40% growth, with 2009 PE at 16/1.41=11.68, target PEG=0.5 will give 28.2 price target.
I am holding all mine!
Throwerw. Thanks for bringing up the issue to the board. Being a shareholder of CKGT, I appreciate your effort.
From my study, the case is a fraud case happened in 2005-2006 involving a person named "Yu YingChen" pretending Chairman of Board of "Kangda", or CKGT, to cheat investment money in city of FuSun. Nothing to do with real CKGT we all like.
Here is what I found from this site
http://bbs1.people.com.cn/posts/05/4F/57/76/content_html.txt
"?2005??2006?12??,?????????????,??????????????????????,"
This means that "Yu YingChen" etc used "Harbin Hainan Kanda" name to cheat investment money from people in FuSun. No wonder any CKGT people may not know about this. If you called CKGT, their response about its irrelevance makes sense.
In your quoted article at
http://news.idoican.com.cn/fswb/html/2008-06/20/content_6883867.htm
"2005???,??“??”????“??????????????????”????"
Notice: “??” is double quoted meaning "estalished". in same way "???????" means "Harbin Hainan Kanda" also double-quoted. Doublequote is used to mean not real. ??? (or Yu YingChen) never established Kanda. (SEC filing consistently used same set of insiders) Yu YingChen simply used company's name to cheat investor's money. Apparently "Harbin Hainen Kanda" is good company name to be used.
Once you plug in ???????? (Cactus Fraud case) to google. you will find several more fraud cases in other provices. Apparently cactus planting and development is very profitable business and demand is so strong that frauds are inevitable.
This proves CKGT is good investment from yet another angle.
New 8K. Why do they keep getting bad capital infusion and dilution deals ? First with Andrew Barron at $1.8 plus warrants, then with this at $2.1. It is going to kill their GAAP EPS. Make-good is only about OI but not EPS. To get to make-good, "S" can get bigger unlimitedly for some more cash so to get higher OI. Next thing GAAP earning will be clobbered by fair value adjustment from these convertible shares if price soars during uplisting. GAAP EPS will be far less than we, common share holders, expect. I guess this is the way how these micros operate
CKGT, Just called Hawk, they are expecting next Monday filing. guess they are taking advantage of one week. Also checked SEC. grace period is 30 days, 60days for foreign company.
CKGT, What is the regulation for late filing ? Penalty.
According to Q3 filing and CC, the lawsuit is shifted back TaiAn from Wuhan. The threat of the lawsuit is diminishing. With this even more so in rear view mirror, moving to "big board ASAP " according to Kritin. I think the two major hurdles are disappearing for CBPO to go over $10.
" on September 25, 2009, the Higher People’s Court of Hubei overruled the Wuhan Intermediate Court’s acceptance of jurisdiction over the case and ruled that the Tai’an Intermediate Court in Shandong Province, where the Company is located, had the proper jurisdiction over the parties’ dispute. As a result, the attached 66% of the equity of Shandong Taibang were released. The court ruled that while the plaintiffs had the right to bring a lawsuit for the validity of the share transfer agreement because they did not attend the previous arbitration hearing and never reached an arbitration agreement regarding their dispute, the Tai’an Intermediate Court has the proper jurisdiction over the dispute pursuant to the prior agreement of the parties. Although the plaintiffs may decide bring their suit to Tai’an, Management believes that the possibility of the plaintiffs prevailing in Tai’an is slim in light of the historical Tai’an proceedings in connection with the dispute: a Tai’an arbitration panel has already confirmed that the share transfer agreements are effective, including the share transfer agreement between the plaintiffs and the Company, and the Tai’an Intermediate Court has already confirmed the legal force of the arbitration award. Failure to resolve these disputes in our favor may adversely affect our business and operations.
CKGT, Is 1.25 the floor ?
If they were to go open market, they couldn't get 13% discount. Plus it will push SP higher with "high volume". So the effect should be neutral. If it goes below 1.25 without good fundamental reason, time to load in truck for next 26 weeks. IMO
CKGT, Is 1.25 the floor ?
"If, with respect to any subsequent closing, the volume weighted average trading price of the Common Stock for the three trading days immediately prior to such closing is below $1.25 per share, then the particular subsequent closing will not occur and the aggregate number of Shares to be purchased shall be reduced by 150,000 shares of Common Stock."
TSTC. I sold 1/3 of mine to lock in profits. TSTC will take some breather (sanity) before marching higher.
This news will broaden TSTC's market reach exponentially.
Mr. Daqing Han, Chairman and CEO of Telestone, commented, "The certification of Telestone's WFDS(TM) technology by the FCC has removed the final hurdle for us to effectively launch our marketing initiatives throughout the Americas.
http://money.aol.com/rtn/pr/the-u-s-federal-communications-commission-approved-wfds-tm-technology-developed-by-telestone-technologies-corporation/rfid262459306?channel=pf
TSTC - big run today. Institution buy ?
I can understand CBPO, RINO run up from seeking alpha's article. but why TSTC goes up 14% ?
Thanks for the info. I did build view. I don't see * in front of those that have news. Do you really think yahoo has more complete news sources than google ? i know google gives real time quote while yahoo does not for free account.
NEWS for stocks
This is simple question for many of you.
How do you get most recent relivant news for stocks one holds ? The usual place like google portfolio, yahoo seems to have some but lately I found they missed some important news from different sources. Since I start following more OTC picks from this board and VMC board, the issue becomes severe. I did see VMC ibox has www.prnewswirte.com/news listed. But I don't like to type in my 30+ symbols to get latest news. how do you guys do that ?
NEWS for stocks
This is simple question for many of you.
How do you get most recent relivant news for stocks one holds ? The usual place like google portfolio, yahoo seems to have some but lately I found they missed some important news from different sources. Since I start following more OTC picks from this board and VMC board, the issue becomes severe. I did see VMC ibox has www.prnewswirte.com/news listed. But I don't like to login there type in my 30+ symbols to get latest news. how do you guys do that ?
Thanks. Most of my questions are answered. Looks like rebalanced index VMIR is the way to go. Do you have a voting system to track which stocks are most popular stocks in rank ? so that one always know which is in favor and which is not. Is favorable ones get better performance ? say if I pick most popular 5 or 10 every month, will they perform as good as 100 stocks ? Just a thought.
Morningstar messed up ?
http://quicktake.morningstar.com/StockNet/financials.aspx?Country=USA&Symbol=RINO
EPS(TTM) 1.3
http://quicktake.morningstar.com/StockNet/StockValuation.aspx?Country=USA&Symbol=RINO
PE 10.1
http://quicktake.morningstar.com/StockNet/ForwardValuation.aspx?Country=USA&Symbol=RINO
Forward PE 6.0
If use Forward PE, it would be even better!
I don't see any sticky posts about
1. How VMC portfolio is constructed ?
2. What kind DD is done to pick these ?
3. When picks are dropped from the list ?
4. How do you calculate those uplisted,delisted or splitted ?
I am new the board. I don't see sticky posts about
1. How portfolio is constructed ?
2. what kind DD is done to pick these ?
3. When picks are dropped from the list ?
4. How do you calculate those uplisted,delisted or splitted ?
RINO fundamental:
Last Quarter EPS% Change 86%
Last 3 Qtrs Avg EPS growth NA
#Qtrs of EPS Acceleration 0
Next Quarter EPS Estimate% change 20%
3 yrs EPS Growth Rate 114%
Consecutive Yrs of Annual EPS Growth 4
Est. Annual EPS Growth 122%
Sales, Margin, ROE
SMR Rating A
Last Qtr Sales % chg 18%
3 Yr Sales Growth Rate 219%
Annual Pre-Tax margin 15.30%
Annual ROE 47%
Debt/Equity Ratio 0.86
Can it really sustain 122% EPS growth ? If it does, it will be cheapest growth stock on earth with PEG=0.08
Rodman and Renshaw
Listened to several presentation and particularly like several
1. CEU. http://www.wsw.com/webcast/rrshq15/ceu
last 3 qarters AVG EPS growth 74% yoy
last 3 year Sales Growth 61%
ROE at 41%
Debt/Equity Ratio 0.05 (Cash rich)
Applying 50% EPS growth,
PE(forward) 10.3
PEG 0.21
to get to PEG=1, Price will be 4 times. Interestingly EDU, DL have PE over 100.
2. TXIC
very similar, slightly higher PE at 13.7,
Last 3 year EPS growth at 76%, Assume 50% going forward,
PEG=0.27, Also fast growth undervalued.
3. RINO
Last 3 year EPS at 114%.
Est. Annual EPS Growth 122%
If the growth can be sustained, PE=10 is very, very cheap at PEG=0.08
Any comments on these