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.

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

Topped up again at 28p.

brave boy!

Hi Cynic.
Just wondering about your Snake oil comment.
As far as I am aware their drugs are well known anti cancer drugs used by many.
The purity of their drugs are well ahead of the competition at this time.
The last company to get E.U. approval, their product fell well short of Taihua`s purity, so I would suggest that approval is just a matter of signing the required document.
I would add that I think that this approval is probably reflected in todays share price so it has to get approval.

you are the supreme optimist if you think getting EU approval will merely be a rubber stamping exercise that will be done any day now ...... many many people use all sorts of strange lotions, potions and concoctions, some of which may even contain the purest snake oil ..... these same people may also swear blind by their efficacy, which for them, may even be well-founded as opposed to mere placebo effect, but that is a very far cry from the same lotions, potions and concoctions being granted the relevant EU (let alone US) drug approvals

cynic.. TAIH are in process of submitting EU application, application can take MAX 45 days for approval/rejection

I take it then you don`t like the Chinese, and that you think they are a nation of liars.

porky, he doesnt like anything it seems .. full stop

new age Victor Meldrew is cynic

more than happy to be labelled as a new-age sometime purveyor of common sense and reality .... rose-coloured glasses a la Sgt Pepper and Mr Lennon are of most questionable value ...... as for my view of doing biz in and with the Chinese, that is already well-posted from first-hand experience.

Appears very negative when a successful company is staring him in the face Dynamix.

Very nearly a racist remark Cynic.
Shame on you.

porky

if cynic went to a casino he would twist on 21!

LoLLLLLLL.