InvestorsHub Logo
Followers 0
Posts 17
Boards Moderated 0
Alias Born 07/23/2010

Re: viking86 post# 132

Thursday, 08/12/2010 10:46:53 AM

Thursday, August 12, 2010 10:46:53 AM

Post# of 485
Excellent article. A lot of bloggers have noted EPS of around $2 this fiscal year, glad to see that Jason Nevader agrees. His analysis of Gulf Resources Q2 revenues of $46 million when analysts were at $37 million was spot on.

The best part of Jason's analysis is that even using conservative assumptions for next year, EPS should be $3.73 per share, which at today's price implies a PEG ratio of 0.04 and a P/E multiple of 3.5x!

Amazing! This is the buy of a lifetime. I am all in.