China Kangtai Cactus Bio-Tech Inc (fka CKGT)

[Traderfan]

Steven


Now we have sales that were much better than Q3. Orginally the thought was thery were less with new product but now we have sales higher for Q4.


Well that was what I pointed out immediately after the earnings came out if you remember. That's why my EPS number was estimated too low with 13 cents. I did base this on their revenue guidance. The funny thing is that they gave this revenue guidance long after the quarter closed so that's kinda puzzling. lol

That's why I was kinda negative towards the stock right after the preliminary results were given but then changed my mood a lot after the actual earnings came out since revenues were higher and especially margins increased more than I thought.

Regarding the IR. I agree. If Gary and Glen would be their new IR it would immediately be a game changer for CKGT as far as I'm concernded but I don't think this will happen since they have Hawk.