Monday, November 14, 2011 10:04:25 AM
This has little bearing on the future growthrate since the new plant didn't become productive until sometime in Sept.
I will wait until I see 4th qtr numbers which should show a full qtr of production using the new plant.
Then multiply by 4 to establish the then current runrate.
By updating the runrate each qtr as 2012 unfolds a future growthrate can be established as we see how new business unfolds.
By then I hope this sector will regain some respect & a pps target using a p/e ratio somewhat in line with the future growthrate - a China discount can be determined.
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