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Post# of 94785
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BiotechValues

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BiotechValues

Re: None

Monday, 08/24/2009 11:31:57 AM

Monday, August 24, 2009 11:31:57 AM

Post# of 94785
Know this about CCGY.

They made eps projections last year (from the new plant due to open in a few weeks)of .45.share.

Now, even if they're wrong by 1/2, and they "only" make .23/share from this plant, (which would be a MAJOR miss!) the forward PE of CCGY would still only be 2.

I'm not sure when I saw a stock trade so this cheap based on forward earnings since I was buying CKGT about 150% ago.

“The 19th century belonged to England, the 20th century belonged to the U.S., and the 21st century belongs to China. Invest accordingly.”

Warren Buffett

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