Just quick summary to bring this to your attention; more detail will hopefully follow.

This stock floated yesterday at 10p and has since doubled. It has, needless to say, suddenly become very popular on another BB.

The company is profitable already and trading on an estimated (by yours truly) forward PE for the current year of 9 at SP 20p. EDIT: Hoodless Brennan estimate EPS for Full Year 2006 will be 2.18p - see article (link below).

Free float is 11.4% of the 81.2 million shares in issue - most are held by the directors.







Extremely useful Investegate article LINK


Extremely useful Hoodless Brennan analysis LINK


PDYOR, etc.

lol! just seen you post on the COH thread!! thought you didn't like illiquid tiddlers!!! Found out. Go and put jealous guy on your record player young man.

DURRRR!!!!!!!
I have never held or shorted COH
if you read properly, you would have gleaned that readily and that also established that it is a stock and even micro-sector for which i do not care ..... however, you are so eager to be ignorantly personal that you made a basic error ...........

had i written here, "Don't buy!" without any supporting logic, you would have had some justification for acting like a girlie with severe PMT ...... but you don't!

hey oilyrag

hope your still holding mate!!

so you just drift around threads advising people to buy/sell. Sounds like you need to get a life young man, care for a pair of my nickers to smell?? You can have the arse end as you wouldn't know what a woman smelt like it would seem!!

cynic get rich and buy

i see they are paying 30p for these now ;-)

only joking kate :) good luck

thanks, and i dare say your investment will prove a genuine gold mine, but as i said, not for me ...... unlike you, i have no need to be pathetically personal ..... by the way, i am assuredly a lot older than you, and for all you know, perhaps perhaps my sexual proclivities are more inclined towards sheep, horses or even dogs!

or was it deep sea diving cynic ? :)

enjoy scuba a lot, though am sorry to say have not now done so for 3-4 years ..... first tried it on my 50th and then dived every year in warm waters only(!) generally in between visiting our offices conveniently situated in Houston and S'pore

Yes dynamix, I'm still in and considering long term hold.

Kate Bates, as a form of compensation, should the sp collapse, may I offer to help you eat your knickers. lol.

Cynic, sorry Richard didn't mean to give you any grief, but sometimes it can break the boredom of some BB's.

Nice gain today, up 22% I am a bit suprised at how quickly its going at the mo.

that's ok m8 .... you know it never worries nor offends me .... however, it still amazes me, though it shouldn't, that if one doesn't follow the flock, one is almost invariably castigated for that contrary view, whatever its merits.

i would normally agree, but not in this case, theres no stock (hardly) and profits/sales are massively up compared to what the market were informed at float..

I've been having in depth discussions at work with a few PI's and they are also into this one. Apparently some of the more experienced traders on ADVFN are talking of 3 per share. Question is, how soon may we see this, probably at least after EU agreeing trading, and entry into the US. Another cause for concern is the length of time of tie ins for the board, any selling by them will increase the number of shares in free float causeing a dilution effect on the SP. As previously posted this is currently under most peoples radars, but not for long. Soon we shall see the hot money coming in. This will be followed by institutions as the market cap rises, this in turn will create plenty of trading opportunities as they like to buy in cheaply. I will almost definately top up my holdings on Monday, but feel that there will be a bigger queue than usual. This will move up again next week, but how quickly?

don't ever say i don't listen or pay attention!!
in a dire market yesterday (monday likely to be no better), trade in SAIH was 1.6m shares against a 3 month average of only 148k.
sight unseen the conclusion would be that sp totally tanked, whereas it actually rose 7p (25/30% if you wish).
what is not obvious to me, but someone who perhaps uses L2 may have a clearer view, is where all these shares (a) came from and (b) where they went.
for example, one sometimes sees hedge funds and similar swapping their holdings between their own funds - i.e. an internal move.
i also don't have a calc to hand (may work it out later), but what % of the total free float does 1.6m shares represent?

http://www.growthcompany.co.uk/recommendations/257689/taihua.thtml


Taihua - SPECULATIVE BUY

Companies: TAIH

27/07/2007

China-based Taihua, a producer of clinical-grade anti-cancer compounds, plans to inflate its sales and margins by entering the European market.

The group, where co-Viagra inventor Dr Mike Wyllie is a director, has been producing anti-cancer agents paclitaxel and homoharringtonine for over a decade. Management claims the difference between Taihua and competitors is the high purity of its production 91.7% meaning little or no further refinement is required before clinical use.

These agents are both derived from yew trees, bought from local farmers, and a single tree is needed to gain enough ingredients for one dose. In 2005, Taihua bought land to grow its own seedlings and has 60,000 young trees ready to harvest in 2009, this will present even more competitive advantages.

Paclitaxel has passed all necessary regulatory hurdles around the world, but for Taihua to supply to pharma companies in the 1.25bn European market it will need to garner its own EU approval. Further on, it will go through the same process for homoharringtonine, which has anti-leukaemia properties, and even further on an own-brand injection is planned.

A second leg to the business is its traditional Chinese medicines division, which concentrates solely on the domestic Chinese market, and as yet provides only a small portion of sales.

Brought to AIM last December by WH Ireland, the cash-generative business grew pre-tax profits by 74% in 2006 to almost 2m on the equivalent of 3.4m turnover. Sales, currently focused on China, Russia and South America, will soar if EU approval for paclitaxel is granted.

The shares have already rocketed from their 10p issue price and look like providing an interesting speculative ride.

Oliver Haill

Market cap: 23.35m
PE Forecast: n/a
Share price: 28.75p

oilyrag..


directors are tied in until December before they can at offload any at all..
if you read the AGM notes, they were questioned on the low wages they take from company... they said they have options on shares, and have a 3 year plan of huge growth of the investments in their own company and moving products into EU and USA..

I guess taking no wages leaves extra profit in the accounts which adds to the growth etc etc...

but is there any real incentive for them not to offload market-affecting slabs come December?

the price rise .. and the the likes of the article above.. are not factoring the move into USA .. it wasnt mentioned in Results.. or at float.. but has been mentioned at AGM... plenty more potential

maybe.. maybe not..

I guess they might want a BMW for Xmas? ;) .. but Im damn sure if they have a 3 year plan to become a major player in Europe and eventually USA.. they wont be doing a Gordon Brown and selling at the bottom lol