Replies to post #75490 on China Growth Stocks

[Drexion2004]

CKGT: Yes, a number of CKGT investors have received sample cactus cigarettes. They taste ok, a little weaker than regular ciggs.

-Fernando

[Traderfan]

CKGT, the cigarettes are definitely for real. Some here have already tried them out.

[nelson1234]

Redbull, re: Has anyone here ever seen or heard of anyone drinking cactus juice?

Absolutely. Here's some firsthand proof. Are some slight side effects.

Sokka on Cactus Juice, "Its Very Thirst Quenching":

[BiotechValues]

CKGT- cynicism can be healthy...especially in light of recent events in our space.

As per your questions re: CKGT:

Yes, I've seen their ciggy product and I know three people personally who have smoked them. I've been to their corporate office here in FL, and my business partner as well as another personal friend have visited them in China, met with the CEO, etc.


The cactus beer has been around for several years and is sold through Tsingtao Beer..(China's largest) which is also available in the US of course.

The stock is trading at a pe of 2, and they've guided for a record year:


CKGT CEO in December:

"We are nearing the end of our most successful year ever. Our profitable growth is accelerating as Chinese consumers and farmers increase their use of our cactus products. Fourth quarter revenue will reach a record $12.2 million. This will represent a revenue gain of 43% over revenue of $8.5 million in 2009. For the year, we are anticipating revenue of $36.0 million, a gain of 35% over 2009 revenue of $26.5 million. Although we are not yet prepared to provide specific EPS guidance for the quarter, we can point out that earnings per share in the first nine months of 2010 were $0.38 per diluted share and we currently expect good profitability in the fourth quarter."

The above statement comes from a CEO who has a history of being cautious/conservative in his statements.

[BiotechValues]

CKGT- cynicism can be healthy...especially in light of recent events in our space.

As per your questions re: CKGT:

Yes, I've seen their ciggy product and I know three people personally who have smoked them. I've been to their corporate office here in FL, and my business partner as well as another personal friend have visited them in China, met with the CEO, etc.


The cactus beer has been around for several years and is sold through Tsingtao Beer..(China's largest) which is also available in the US of course.

The stock is trading at a pe of 2, and they've guided for a record year:


CKGT CEO in December:

"We are nearing the end of our most successful year ever. Our profitable growth is accelerating as Chinese consumers and farmers increase their use of our cactus products. Fourth quarter revenue will reach a record $12.2 million. This will represent a revenue gain of 43% over revenue of $8.5 million in 2009. For the year, we are anticipating revenue of $36.0 million, a gain of 35% over 2009 revenue of $26.5 million. Although we are not yet prepared to provide specific EPS guidance for the quarter, we can point out that earnings per share in the first nine months of 2010 were $0.38 per diluted share and we currently expect good profitability in the fourth quarter."

The above statement comes from a CEO who has a history of being cautious/conservative in his statements.

[All Luck]

CKGT - I've had drinks with cactus pulp in them. Weird at first, but addictive once you get used to it.