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Re: Traderfan post# 399

Tuesday, 10/13/2009 11:07:19 AM

Tuesday, October 13, 2009 11:07:19 AM

Post# of 3179
"Well I don't think they have a current forward PE of 3-4 but I could be wrong."

I think you're wrong and this is why:

They've already shown 30% organic growth without the addition of any new products to the pipeline.

Now add the ciggys and hog feed to the mix for q4 2009 and all of 2010 (plus a continued "acceleration" in sales growth from their existing products...see last q press release) and I can see them easily trading at a pe of 3-4.

But that's why we have a market- not everyone agrees.

“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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