China Growth Stocks

[GorillaGorilla]

LPH - I have being trying to download presentation [1] without any success. What I do know from the last time I saw the guidance [2].

2011 Financial Outlook

The Company maintains its current guidance for fiscal 2011. The Company projects revenues to exceed $500 million for the fiscal year ending June 30, 2011 and adjusted net income to exceed its forecasted $73 million (adjusted net of derivative and financing costs).

Was for 73 million (I get 15% of 500M giving 75M but anyway). If you use 115M that's 63 cents. So, I don't know how they could guide for 73 cents? Around 60 would be a safe estimate as it stands.

rich

[1] http://www.sec.gov/Archives/edgar/data/1111817/000101376210002237/ex991.pdf

[2] http://finance.yahoo.com/news/Longwei-Petroleum-Earnings-prnews-2099027488.html?x=0&.v=1