CELM - management gave 0.16 to 0.17 and they hit 0.16. Reading yahoo boards they were hoping for more - so yes, bad day for CELM holders.
-- And joko meant reiterated,
Oh yes, I know but it's kinda important to clear that one up!
No, can't do much about EPS that was done and dusted with the IPO. Obviously, that money is being put to use with the new facility.
They made 3M this quarter and low estimate is 3 M for Q2. Low estimate is 17M net for the year. Means that 11 M for second half. In 2009 there doesn't seem to be much seasonality could be looking at 20 - 22M run rate from Q3 onwards or $1 earnings.
The balance sheet is clean as a whistle and it's a play on domestic spending in China which should be multiyear growth thing.
There's better stocks than this but there's a lot worse.
rich
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