Certainly awfully quiet here considering the new manufacturing plant should be in full production soon if it hasn't already happened. My guess is we hear news right after the Chinese New Year.
Imagine what a PR like this could do for the stock.
"China Kangtai Annouces Major Expansion As Cig Demand Soars"
While I doubt they would ever PR something like this I believe it is very possible. Don't forget who they are affiliated with and what the impact this will have. This will bring credibility and institutional interest. While this may sound insane or even an irrational statement and construed as pumping this is exactly what my DD suggests. My understanding is Cigs are going very well and management is focusing here for the near-term as margins are excellent.
My concern is the immediate need for cash.
Certainly would NOT want to be in CCME's situation with almost $200 Mil in Cash and the inability to initiate the stock buyback announced months ago.
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