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kuwlness

01/11/10 9:08 PM

#879 RE: StevenRisk #878

Also added significantly to my position today. Dont see this heading much lower anymore and it's overdue for a big move north. I am also looking for earnings in your ballpark range and think a 10-12PE is attainable here, maybe even 15 with up-listing.

As for Pappy, I believe he was saying he sees BSPM with a PE of 15 due to the imminent up-listing -- where CKGT hasnt come out and said anything about up-listing, so a 10PE is the max he can see without up-listing. JMO, I'm sure he'll weigh-in.
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pappy

01/11/10 10:30 PM

#882 RE: StevenRisk #878

Perception is that bspm has a current growthrate for 2009-10 of 100% in both revenue & earnings where as ckgt has been growing revenue at 30%+ & earnings @50%+.

bspm should qualify for a major exchange & has already given indications of doing so by March,,,while ckgt has not made their intentions clear I expect them to seek listing on the amex sometime in 2010.

bspm is something new & is currently perceived to have management that not only knows what their doing but keeps investors informed.

And while both companies have great earnings visibility investors in general better understand bspm products & how soon they will be released.

bspm's efforts to get their main product launched into rural China is far ahead of schedule while one of ckgt's main products,,,personnel care & hygiene originally scheduled for launch in 2008 is still without a launch date.

And while I like both companies for the longterm bspm is doing a better & faster job of getting thing done which adds up to a faster rate of growth over the near to intermediate term thus it deserves & is already seeing its p/e ratio expand much faster than ckgt's.

As far as products in the pipeline ckgt has a very big edge,,,however they must speed up the delivery of those products to the consumer in order to increase their growthrate.

To managements credit they have indicated of late that they may well be willing to increase the speed at which they deliver to the consumer.