China Kangtai Cactus Bio-Tech Inc (fka CKGT)

[StevenRisk]

Record low inventories again for q4 with record sales is very good news. With new product released in q4 we are probably producing enough cactus for existing product.

IMO, this is why they have been very slow to bring new product to market. Now let's do a little indepth look at Q1 numbers.

Q1 of 09 brought in sales of 3.3 Mil.

Looking at q4 08 we had sales of $6.3 vrs $7.9 for 09 (took out cigs & pig) for an increase of 25%.

I then took $3.3 Mil x 1.25= $4.125 mil

Let's now assume cigs and pigs were released Dec 1 and annualize the new product.
Cigs 300k x3 months= 900k
pigs 300k x 3 months=900k

$4.12(existing product) + .9 (cigs) + .9 (pig)= $6.1Mil

I come up with $6.1 Mil for Q1 vrs $3.3 mil which equates to 85% growth. As far as net income we will probably be above my prior expectation to .07 for a 133% increase in net profits for the Q.

Record Q1 Revenues up 85%

Record Q1 net Income up 133%

Let's see some discussion and expectations of Q1 These are my thoughts and expectations.