InvestorsHub Logo
Post# of 596818
Next 10
Followers 1009
Posts 50359
Boards Moderated 1
Alias Born 06/16/2006

Re: AliAngel post# 508088

Sunday, 04/29/2012 9:33:18 AM

Sunday, April 29, 2012 9:33:18 AM

Post# of 596818
CBP why is the price of this stock so undervalued now.
They have huge assets increased now and liabilities are 1/10th there assets.
Seems to me they are way down in price for sure.
grew assets by 46 million over the year
Total assets $ 109,896,164 $ 73,145,079

the float has not changed as well in a year.

Common stock ($0.001 par value, 100,000,000 shares, authorized; 37,239,536 issued and outstanding as of October 31,2011 and October 31, 2010, respectively)

shareholders equity grew by 30 million or almost fifty percent to almost 3.00 a share at .71 sale price

they did have a huge increase in both revenues and gross profit this year as well

Sales, net $ 72,713,748 $ 55,183,941

Cost of goods sold 29,531,087 25,765,835

Gross profit 43,182,661 29,418,106

The most important part is there share price is the same as there earnings per share and this is a Pharmaceutical company and to me at .70 EPS should be well above 7.00 a share now.
I will have to do more research here now into the next 10q this next month

Follow us to the best long term board on IHUB
$THE WAVE (WAVERIDER$)
thewaveinvestors
http://investorshub.advfn.com/boards/board.aspx?board_id=16203


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.