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Saturday, October 30, 2010 2:36:42 PM
If the CGNH beads become the standard in a billion dollar a year market, look out! If Merck takes a 50% market share or 500 million, this results in 150 million in revenue to CGNH with only a small increase in expenses. If The result is even $2.50 a share in profit applying a modest p/e ratio for a growth company like CGNH of 20 brings us to $50 a share.
That brings us to the POC analyzer where FDA approval alone would cause a rapid appreciation of the stock price. This may happen as early as the spring.
While nothing is ever guaranteed when investing in a speculative stock like CGNH, I am willing to take the risk on this one.
Recent CGNH News
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/26/2024 04:25:43 PM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM
EWRC's 21 Moves Gaming Studios Moves to SONY Pictures Studios and Green Lights Development of a Third Upcoming Game • EWRC • Jul 2, 2024 8:00 AM
BNCM and DELEX Healthcare Group Announce Strategic Merger to Drive Expansion and Growth • BNCM • Jul 2, 2024 7:19 AM
NUBURU Announces Upcoming TV Interview Featuring CEO Brian Knaley on Fox Business, Bloomberg TV, and Newsmax TV as Sponsored Programming • BURU • Jul 1, 2024 1:57 PM
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM