CYID posted 2007 earnings yesterday of .12/share based on 12mil net/97 mil shares (outstanding at year end before 1/100 r/s, i think)
Then immediately after r/s in January they issued 44 mil new shares to insiders only and followed that with a PP for $14 million with $1.40 conversion feature.
Point being actual earnings per share are understated by at least 1/3 and if they continue their growth this year (media and travel in China)earnings should show strong momentum IMO.
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