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Re: Traderfan post# 61379

Thursday, 12/02/2010 11:57:54 AM

Thursday, December 02, 2010 11:57:54 AM

Post# of 94785
SGZH...Without trying to sound too overly optimistic I think SGZH could come in @ $3++ EPS in 2011 (based on current share count). That's just based on what they were doing prior to the shut down of the mines. Check out EPS for six months ended June 30, 2009...
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=6752937-1120-177306&type=sect&TabIndex=2&companyid=89165&ppu=%252fdefault.aspx%253fcik%253d1145761
EPS = $1.53 for the first 6 months of 2009 and that's when coal prices were lower.
Now I know SGZH won't be at full ramp -up until mid year, but I think $3++ EPS is doable for 2011 (based on current share count).
Just my opinion though. Time will tell.

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