Gulf Resources, Inc

[Rayhuh]

Mashup - GFRE and Albemarle News

Wow, thanks a lot PDG for that info, would have missed it for sure!

Here is Albemarle's news:
http://www.albemarle.com/News_and_events/index.asp?news=text&releaseID=1519248

Fourth quarter and full year highlights:
-- Achieved quarterly earnings of $0.92 per share (second highest quarterly earnings in Albemarle's history), up 35 percent over fourth quarter 2009 results.
-- Net sales increased 8 percent from prior year's quarter to $605 million, our best quarterly sales performance for the year.
-- Finished 2010 with record earnings performance of $3.56 per share before special items, 91% above 2009 earnings.
-- Record quarterly segment income for Fine Chemistry and record annual segment income for Catalysts and Polymer Solutions.
-- Achieved EBITDA of $140 million for the quarter, with record annual EBITDA of $545 million and annual EBITDA margin of 23 percent, in each case before special items. Cash and cash equivalents of $530 million at year end.

[...]

The new short interest numbers should be out tomorrow, the last ones were:

Settlement Date Short Interest Avg Daily Share Volume Days To Cover
12/31/2010 3,223,863 273,434 11.790278

Read more: http://www.nasdaq.com/aspxcontent/shortinterests.aspx?symbol=GFRE&selected=GFRE#ixzz1C5aaCcS6

Here are (again) the key ratios:
Price 9.75 $
Shares 34.64 Mio
MCap 337.74 Mio
Cash 73.4 Mio

PE 7,3
PCF 6
PB 1,88
PR 2,24