China Kangtai Cactus Bio-Tech Inc (fka CKGT)

[Traderfan]

My EPS target for 2010 is around 65-70 cents. Keep in mind I'm rather conservative in my general estimates as you might know.

Now figure in that we will definitely uplist this year (otherwise the sudden restatements wouldn't make sense if that was not the plan) and figure in their growth which will be around 30-40% at least over 2009 and see with what kind of PE you feel comfortable.

My personal goal in terms of share price is between 5-6 dollar per share until the end of 2010 if everything goes as planned. That's somewhere around a 7-9 PE which is more than justified here. All rather conservative.

That doesn't include any real success with their new cigs. If this business is gaining traction this year this stock will be a real monster.

IMO