Gulf Resources, Inc

[gpg]

Here is a link to the 2nd quarter of 2008 earnings release.
http://www.gulfresourcesinc.cn/news/view/gulf-resources-reports-second-quarter-2008-results.html

You'll see that guidance at this time was right in the range of what 2008 revenues and income actually ended up being. My only point before was that from reviewing their press releases on earnings from prior year, they don't appear to be ultra conservative on guidance.
It will be interesting to see if the company updates their guidance next month when 3rd quarter numbers are released. If they don't, I don't think one can necessarily assume they are being "ultra conservative" as I don't see a history of that. If someone can provides examples of where they have been ultra conservative in guidance in recent years, please do share as I can't find it.