Lotus Pharmaceuticals - LTUS
Posted: Wednesday May 14 2:31:46PM 2008
Lotus Pharmaceuticals LTUS - OTCBB $1.05 I bought some today at $1.05 Trades at roughly 4 times earnings. Revs up 57% earnings up 171% Lotus Pharmaceuticals Inc., based in Beijing, China is engaged in the production, trade and retailing of pharmaceuticals. CEO Dr. Liu Zhongyi has stated: "We firmly believe our existing operations can realize organic growth of 20 percent per year for the coming years. In addition, through complementary acquisitions, we expect to achieve aggregate yearly revenues in excess of $140 million. With expected profit margins of 12-15%, after planned acquisitions, Lotus would be on the fast track to leverage the synergy inherent in our enhanced operations. Achieving these objectives should place Lotus amongst the top 100 pharmaceutical companies in China."