Replies to post #224 on IT Tech Packaging Inc (ITP)

[Traderfan]

Ok that's true. But may 09 is almost over so maybe they already sold during all the month? Not sure about that.

[Bob Stocks]

Hi Rainmaker, If the consultants want to sell now fine by me....but the growth of this company is huge. I think they realize this. They could make triple that amount.

Also, this will not see volume of 100,000 much longer...that will increase with the exposure that's coming in the pipelines.

Here the Q1 results of 2009... $
$2,251,966 net income

Earnings Per Share: $0.05

On track for over 10 million net this year. OPAI did $8,700,000 net in 2008



http://ih.advfn.com/p.php?pid=nmona&cb=1242826886&article=26541336&symbol=NB%5EOPAI

"The facility will occupy approximately 2 million square meters with its main products being corrugated paper, offset paper, writing paper and Diazo paper. Once the facility is operational, initial production is anticipated to be approximately 0.5 million tons. It is estimated that by 2010, annual production could reach approximately 1.2 million tons. It is expected that by 2010, sales will be between $800 million and $1.3 billion with net income in the range of $160 million to $230 million.


Cheers,


Bob

[joenatural]

We've discussed these 5 million shares several times and no, I'm not concerned, not with a trailing P/E of 1.9 at .41 and 100% YOY growth in EPS.

This is no different than shares being triggered for sale at $1.25 for CHME or the $1 million dollar note we knew was cashing in at .38 for LPIH. Also, I look at YGYB in the same light. O/S count rose from 10 million to 22 million and then 35 million to fund growth, meanwhile all these stocks mentioned continued their trek higher.

Without the 5 million shares issued a year ago, the EPS this quarter would have been .06 instead of .05 and now it appears the May 28th PR from last year is finally coming to fruition.

I think the fight for shares is almost upon us with OPAI getting more and more attention. We'll see, but at .41, downside risk is nil in my book.