Replies to post #356 on China Medicine Corporation (CHME)

[2morrowsGains]

bradford86, the 2011 estimated $36M in rADTZ gross profit would only apply if they run at full capacity for the year. It's possible though IMO, through the right expansion plans. Also, that # is gross, not net. But all in all, there is still the acquisition, expansion into Pakistan, organic growth, and higher margins due to CHME being able to manufacture their own products to consider. So I think $1.25 - $1.35+ EPS is very doable at the higher share count for 2011. (BTW, those were my calculations referred to in your post (not sams), but are just rough estimates).

Not sure how Q4 will look, but I doubt they will beat last year since it was such a strong quarter (and they hinted that in the PR), but the next couple of years should be very strong for CHME IMO.

[bunky]

BRAD: your eps for 2011 is $1.25 @ 1200tons...

If they do like they say in 2012 of 4200 tons...would you expect EPS to be 3.5 times [1200 to 4200] to equal $1.25 x 3.5 = $4.375???


or am i wacky again??? be respectful...


CharliB

[bunky]

Question: If a company makes $1.00 profit selling 100 widgets, if they then sell 200 widgets why not expect them to make $2.00??? all their expenses being equal...


the Wacky one


Bunky