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.

infact read JT's notes.. was a good read just after results...

http://www.advfn.com/cmn/fbb/thread.php3?id=13384181&from=285

bip calling their products drugs so i take it they have been tested

report writing so small on acrobat i can hardly read it!

very interesting reading but suggests to me taih have no intellectual property and the hope is that taih can produce cheaper than others or am i wrong?

thanks for taking the trouble to reply

i know i am a numbskull, but going back to the Q i raised on post 115, i reckon there are barely 10m shares for free trade .... that being so, it would seem that something like 16% of these were traded on friday! ....... surely an awful lot must have been internal fund x-trades, perhaps to massage their performance figures - i.e.seemingly to realise profits

Cynic you are right to question what appears to be yet another ramp of AIM floated Chinese companies.

i didn't actually say that, but i do love the following extract from post 123 ...... "We are a WESTERN PHARMA COMPANY based in the PRC BUT operating to WESTERN STANDARDS at all levels." ...... politely put, very much politician's speak!

I dont think its a ramp, they genuinely had a huge growth in the last results which the market had not priced in since the float.. until any of the speculative news like Europe etc come firm then I wouldnt expect us to break high 30s... high 30s is fair value for the shares available..

maddoctor.. you can zoom in on acrobat you know!

dynamix , thanks for that info , rarely use it but will not have to sqint next time

always good to see the derampers on board so early, watch the bitterness, they've either not bought or sold too early - usually took their 150 profit and now can't stand to see others make lots of money. The ones who have never actually held the stock are, in my eyes the real sad cretins. If only they spent their time researching stocks instead of jumping on b.boards of winning stocks trying to trick people into thinking they are concerned!! How sad are these individuals?? What do they get out of life?? They're not short, the stock cannot be shorted. I remember a certain poster on SOLA at 125p saying it was all too good to be true. Parasites.

do hope that is not aimed at me, for if so, totally unwarranted .... anyone is perfectly entitled to their view and opinion, whether or not it falls in line with that of the sheep .... as for "research", imo it is often highly over-rated, always depending on what one means by the word; the only thing of interest is whether or not the share is likely to rise or fall, the view expressed hopefully being backed with some kind of logic .... btw, i suspect one could quite easily short this stock, for it only requires a holder who is prepared to lend it.

if the criticism is aimed at me , i was asking questions because this has been on my radar for some time and my interest picked up when somebody said this company will be worth 3 a share. asking questions is NOT deramping and your reaction suggests nervousness. if this share is worth 3 it will get there no matter what i ask.

the word "hype" has been removed to take account of your sensitivities

for de-ramp go to the SER thread post 905

doc ..... a lot of peeps on this BB get very uppity if you step out of the party line ...... anything that questions or disagrees is deemed by them to be de-ramping, though why the converse should not also apply beats me! ...... i get a lot of flak because i have the time and inclination to post a lot, and frequently throw cold water (common sense or reality i call it) on the hype ...... this can equally apply to stocks i hold about which i am open or those i do not, about which i am also open.

cynic , i watch your posts often enough to know how you post and agree and disagree with you :-)))

on this one i had genuine hopes and thats why i asked the rather uninformed questions due entirely to me being a technician (or trying to be) as opposed some the fundamentals peeps. In other words i care little about the company only about the share price but do like to understand a little about what i am getting myself into!.

in my more insane moments, i too am tempted by this stock, but it is pure greed, especially with the markets looking very wobbly indeed ...... there is an awful lot i do NOT like about this company, in particular that it is Chinese and Chinese-controlled despite the spin that the CEO tried to put on it, and also that there is only 15% of the equity in free float ..... as it stands, it looks to me that the sp is taking an awful lot for granted, specifically that their drugs ("wonder snake oil" or whatever) will be approved the EU authorities ..... US FDA will be a substantially bigger hurdle ..... in any case, it is all a long drawn-out process and you only have to look at the substantial pharma companies that have really struggled or even failed to realise how tough that route is.

best leave them to it i think

maybe ... only entered the fray because i was asked to by a "friend" on another thread

cynic, would welcome your view/comments on FOGL !

but would the other posters ROTFL! .... will take a butcher's

lol

go on dynamix; take a peek, i dare you.... one of my more intelligent posts there