Replies to post #399 on China Kangtai Cactus Bio-Tech Inc (fka CKGT)

[BiotechValues]

"Well I don't think they have a current forward PE of 3-4 but I could be wrong."

I think you're wrong and this is why:

They've already shown 30% organic growth without the addition of any new products to the pipeline.

Now add the ciggys and hog feed to the mix for q4 2009 and all of 2010 (plus a continued "acceleration" in sales growth from their existing products...see last q press release) and I can see them easily trading at a pe of 3-4.

But that's why we have a market- not everyone agrees.

[tnzalu]

I think the feed product line has a compelling story, and is the basis for my holdings in CKGT. The smokes? I had to laugh when I heard it, but having spent quite a bit of time in China, where 'new' rules, can't rule out the potential. I think if the cactus smokes succeed, they will do so with the ladies.