Perception is that bspm has a current growthrate for 2009-10 of 100% in both revenue & earnings where as ckgt has been growing revenue at 30%+ & earnings @50%+.
bspm should qualify for a major exchange & has already given indications of doing so by March,,,while ckgt has not made their intentions clear I expect them to seek listing on the amex sometime in 2010.
bspm is something new & is currently perceived to have management that not only knows what their doing but keeps investors informed.
And while both companies have great earnings visibility investors in general better understand bspm products & how soon they will be released.
bspm's efforts to get their main product launched into rural China is far ahead of schedule while one of ckgt's main products,,,personnel care & hygiene originally scheduled for launch in 2008 is still without a launch date.
And while I like both companies for the longterm bspm is doing a better & faster job of getting thing done which adds up to a faster rate of growth over the near to intermediate term thus it deserves & is already seeing its p/e ratio expand much faster than ckgt's.
As far as products in the pipeline ckgt has a very big edge,,,however they must speed up the delivery of those products to the consumer in order to increase their growthrate.
To managements credit they have indicated of late that they may well be willing to increase the speed at which they deliver to the consumer.