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Fi

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Alias Born 03/24/2009

Fi

Re: Risicare post# 4

Thursday, 01/07/2010 10:01:46 PM

Thursday, January 07, 2010 10:01:46 PM

Post# of 54
ABC I posted this somewhere else as well, but the responses there arn't usually too great =)

For those that want to do some DD, presentation dated Nov 09 found at: http://asiabiochem.com/index.php/presentation

Consensus EPS is 0.31 for 2010, use a P/E ratio of 10 and we have $3.10. They just opened a facility to increase production by 300%. I think we will see at least $3.00 by the end of the year...

Trading at a F P/E of only 4.2, a true bargain. Doesn't seem like the stock has a lot of following yet, there are price targets of about $1.75 to $2.00 from various

They are also looking to grow their company with acquisitions after they expand their production to capacity.

We also traded 1.5 million shares today, the most since November 20th, looking for some good news to come?

Bought in a few days ago at $1.20 and added some more at $1.30.

Comments?

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