Replies to post #38590 on China Growth Stocks

[white_tiger]

Hello tenenbaum.. Thanks for the comment..

This is what i have from the press release:

Full-year net income improved 43% to $16.8 million, or $0.88 per
diluted share, compared with net income of $11.7 million, or $0.70 per
share in 2008. Net income for 2009 included an $8.8 million non-cash
charge for the change in fair value of warrants issued to investors in
conjunction with the Company's issuance of convertible Preferred Stock
in October 2008. Excluding the non-cash charge, Non-GAAP net income
for the year was $25.6 million, or $1.34 per diluted share.

Also, as i understand it the financing will boost 2011 numbers not 2010.

[researcher59]

LIWA (8.95) 10Q just filed. EPS of $0.28 versus $0.18 y/y .... very nice growth both sequential and y/y, especially considering the much higher shares o/s. Analysts were looking for $0.24.

However with so many bargains around in the China niche, I decided to take profits and keep the cash for better opportunities ahead, especially if this correction gains momentum .....