What was that organic China fertilizer co we talked about here a year ago?
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Posted: Monday Oct 5 6:42:35PM 2009
By the way, for CAGC, my estimate of underlying fd earnings is about $1.70 per share. That should increase nicely next year as revenue from the 2 recently signed deals (plus normal expansion) is taken into earnings. The company has over $2.00/sh in cash and that should increase too over the next 6 months as the company shortens its accounts receivable collection period.
My estimate of value is about $24.00. The current price is $13.80.
The price has gone up considerably this year, partly because of improving earnings and partly because of the graduation to the Nasdaq. Dramatic price increases upon graduation are normal.
Posted: Tuesday Sep 22 2:19:53PM 2009
cagc is an organic fertilizer producer. They started with liquid organic fertilizer and are now producing granular solid organic fertilizer. Recently uplisted after a reverse split.
Posted: Tuesday Sep 22 12:28:00PM 2009
Posted: Tuesday Sep 22 7:22:17AM 2009