Replies to post #123 on Huifeng Bio-pharmaceutical Technology (fka HFGB)

[pappy]

"Very nice. $4 is very possible...within 2 years!"


And if hfgb continues its current pace of growth it will still be undervalued then as well.

2011 eps around $0.35 followed by around $0.50 in 2012 if hfgb follows the current pace of growth factoring in some dilution.

Management has visions of increasing the pace of growth even more than that over the next two years so only time can judge where the pps will or should be in 2 years.

I have yet to sell one share as I have steadily averaged down since my 1st buy @$0.95.

I was luck enough to have picked the very bottom to double up so my average buy was far below the current pps.

I still consider the pps a steal below $0.95 my 1st buy point.