Replies to post #2318 on Jiangbo Pharmaceuticals, Inc.(fka JGBO)

[invisiblegun]

Nope

[doc_nuance]

Those sure are nice numbers Big! It should also be noted that '08, as far as GTEC is concerned, is exactly half over in about 5 weeks (fiscal year started in July '07). So, it's not really a forward-looking set of great numbers, we're already there. I sure hope the general investing public is discerning enough to see it.

[Long-vestor]

In am not so sure Big.. I have been slowly finding a few comparison models in the AMEX, but just one that fits the profile, and when you've got their float, profits and the like.. If Gtec does a 7 for 1 reverse split and brings the float down to 13,000,000. So far the companies I have found to compare with, twice the float, from China, the same or similar business, only they typically have less profits than GTEC from near the same total revenues, or less. Granted i have not completed the comparisons yet. But With the float at 13,000,000 in the AMEX I don't see why GTEC would not be trading for less then $16-18. Not yet anyways..

So if it split at a buck, which takes it to 7, double that which is over 6 times today’s price. Then add another 10-30% to that.. Moreover with no split $2.10-60-ish..

I've still got a lot of homework to do on it, so maybe I can show some models in a few weeks. Estimating looks awful good right now though.

But better to take this with a grain of salt, and in the mean time, if yaw can find China companies similar to GTEC in AMEX or, , pass them in the board, eh..
The more the merrier.

[Fedex11 ©]

We will see i hope it goes to atleast .60

[doc_nuance]

By the way... 389 mil. shares and $26 mil. in profits is more like .067 per share (.0668), not just .06. What does that do to your calculations? It may seem like minutiae at first glance, but it turns our current PE (I say current because our '08 is essentially half over), into 4.34 not 5.16!

[Stock_Addict]

Just watch, when all the dust settles GTEC won't trade at much more then a 5 PE.