I like CKGT a lot and think it is one of my best 6 holdings for 2008. CKGT earned $0.044/share last quarter and last traded at $1.00/share. Their book value is $0.94/share so they are trading at roughly book value. Also, their revenue has been growing nicely. In a 10/19/07 PR they indicated that they received sales orders at a trade show for over 40M RMB of product to be fulfilled over the coming year. That translates to $5.5M in sales which is more than one quarter of sales. I think CKGT has a good chance at trading at $2/share sometime in 2008. Here is some more DD:
Overview China Kangtai Cactus Bio-Tech Inc. is market-leading cactus grower and producer of cactus-related products with over 520 acres of plants and an active R&D group that holds 17 product patents and is seeking another 15 in a variety of product categories. Kangtai's high-quality products are sold throughout China through a growing distribution network that includes franchised, company-owned and third party stores, as well as store counters in supermarkets, department stores, hotels, restaurants and malls.
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