Excellent article. A lot of bloggers have noted EPS of around $2 this fiscal year, glad to see that Jason Nevader agrees. His analysis of Gulf Resources Q2 revenues of $46 million when analysts were at $37 million was spot on.
The best part of Jason's analysis is that even using conservative assumptions for next year, EPS should be $3.73 per share, which at today's price implies a PEG ratio of 0.04 and a P/E multiple of 3.5x!
Amazing! This is the buy of a lifetime. I am all in.
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