China Kangtai Cactus Bio-Tech Inc (fka CKGT)

[Traderfan]

Ok let's see Snow. They reported net income of 11 cents fully diluted. Let's go with a ttm of 25 cents. So right now we have a ttm PE of 7.5 and then take your growth and you will come up with a EPS of 35 cents maybe and that's still far away from a forward PE of 3 or 4.

And furthermore, nobody says that you have to agree that a forward PE of 5 or 6 or whatever is not cheap I just know that I can buy cheaper and more attractive stocks out there for the moment. That's all I said and this is not a matter of "nonsense" but a matter of opinion.

Regarding CNOA. I guess MYST was clearly the cheapest stock out there at 8 cents when I told you the exact same. It ran far more than CNOA did in the same time not to mention that CNOA has a lot of issues and even if nothing comes out of it MYST was the better buy 2 weeks ago. But that again is not a matter of "nonsense" but of opinions. And you don't need to agree with me on this.


PS: I own all of these stocks mentioned.