China Kangtai Cactus Bio-Tech Inc (fka CKGT)

[StevenRisk]

You are right about running a public company.

My expectation only differs from your slightly negative to my slightly positive.

When I orginally had high expectations I totally missed the 10% tax increse. This was a huge miss on my part as this would have went directly to the bottomline. Not to mention more shares, and amortization charges. Then you had a rotten q1 margins miss from raw materials which they have all but discontinued. My expectation is they will do 40% margins in cigs vrs below 10 on the discontinued line. Clearly understand that margins will increase q3 unless sales go through the roof on feed wich is 17%. However. If that happens we will have a blowout q3 as alcohol and beverages continue their double digit increase.

My most optimistic sales forcast is $13.5+ Mil which is doable. It is also an expectation for a huge impact from the 3,000 stores. However, I've ratched it down to $12.5 MIl.

My conceern pertains to all the flooding they have had recently??

The volume is picking up very nicely with some good accumulation with decent sized blocks.

Finally an admitted seller.

Anybody buying?