China Growth Stocks

[Shinisaurus]

SPU-You are looking at this completely wrong.

Q4 eps down 16% with a 24% increase in shares...OK...really not good at all...dare I say BAD

Q4 EPS was only weak, when compared QoverQ, because of the issuance of shares. Full year EPS, adjusting for warrant liability charges, was 1.01 (20% YOY growth). So its at 4.36x for a company generally regarded as legitimate, and that won't be diluting anytime soon (look at CAPEX estimates). The only reason margins declined was because of their change in product mix away from kiwi's(Rev decreased 7%) and into apple's (Rev grew 287%), which I like for diversification.


I'm long