News Focus
News Focus
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steve5

01/19/11 9:59 PM

#1406 RE: steve5 #1405

Chong Qing deal is imminent...http://www.cqgrain.com/grain/ShowArticle.asp?ArticleID=469

Chongqing Food Group chairman, party secretary Hu Junlie emphasized at the signing ceremony, Jingjiang grain and oil processing as a logistics base in Chongqing Food Group, Brazil, Canada, high-quality grain and oil base supporting the project, for Brazil to undertake high-quality soybean, rapeseed shipped back to Canada, the domestic high-quality transit, processing, , distribution and trade, accelerate the Group's network of national market system, to promote grain logistics zone in Jingjiang Economic Development Zone, construction, speed up economic development Jingjiang is very important. The project covers 500 acres, invest 10 billion yuan. After completion, the annual turnover of 100 billion yuan and profits 200 million yuan, providing 400 jobs.
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stockguy1234

01/20/11 12:42 AM

#1415 RE: steve5 #1405

please paint the bullish view that would justify a market cap of $240 plus million

I have read the news releases and only see the potential of $40 million in annual sales--what am I missing?

the share price went up after the news release so I am connecting the two events by saying the news has been priced into the share price