the most important you want to know about Asian Bamboo ;
* a green stock, cultivating bamboo plantations, their products are 100 % organic.
* bamboo trees used as construction, furniture, paper & flooring, winter - & spring shoots are sold fresh or processed being sold to the domestic market or export to Japan
* rapid growth of bamboo and flexible choice of harvesting options
* high demand for their products lead to higher prices ; bamboo as a suitable substitute for traditional hard woods(shortage of hard woods) and consumer preference for organically food (higher awareness)
* Strong integrated business model, creates advantages in volume growth and gives economies of scale.
* Government support (National Key Flagship Enterprise, gives tax exempt for 4 years)
* only firm who pays up-front for plantation leases, and saves hereby 17 %
* fast growing company ; Exp. 2010 33 % growth, Exp. 2011 24 % growth
* leader in their bamboo business
* IPO on 11/20/2007 at 17 €, raising 76 Million € to invest in long term lease plantations contracts
* CEO and founder Lin Zuojun holds 57 % of shares
* Expecting at least 1,94 € per share adj. net profit 2009, gives p/e of 9. (guidance of 55 million € revenues and a net profit margin of at least 45 %)
* Price/bookvalue 1,33
* low debt on balance
* share buy back programm, creating shareholder value and already paying a dividend
