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.

one and all .... have been in touch with good friend Soul* .... he is alive and kicking in balmy (barmy?) B'mouth ..... no doubt he will be back on line in due course

Thanks for the update Mr C.

Should be rewarding when sanity returns

Interesting share, should do well if AGM feedback is acurate. Low cost base, high margins and correct me if I'm wrong but one of the directors responsible for launching viagara onto market, good pedigree if true.....must do some more research!

BTW... EU application for approval is within 45 business days for your info.

Tangle, don't take too long researching, it may be too late.

+/-14th September looks to be the key day for this company.

my birthday! how nice that would be :)

that depends on whether or not the news is as you hope!

Major shareholders sells stake see RNS

here you are ..... and note the thumping discount at which he sold, presumably being the best he could get .... note too that if my maths is correct, he used to hold nearly 12% .....

Biopharmaceutical company Taihua PLC said its substantial shareholder Hong Zhou has sold around 9.1 mln shares of the company at 22 pence a share from Aug 7 to Aug 9.

The company said Zhou now holds about 1.17 mln shares, or about 1.45 pct of the issued share capital.

dynamix + kate barnes and others ...... how very very very quiet you have suddenly become ..... my post on 27th July is below, and quite a lot of abuse it brought too ...... some humble pie must be on the menu for some, or dman well should be!

"a brave stock to buy and am surprised that authorities allow just 15% free float ...... of course, just as the rise can be dramatic, any pressure and the fall is likely to be truly melodramatic"

no one likes a smug punter.

Im still long as I hold from morning of results!.. but another 3p down and Im out for evens grrrrr I would have sold at 20p had I been around but went away for a few days and this happened.

dynamix, where's your patience. During Sept you have a brokers note due out from W H Ireland, you have the interims due and you have the result of the companies application to trade in the EU.

The sp on Taihua has dropped like everything else. To sell now is madness, have courage in your convictions, afterall the fundamentals havn't changed on this company.

As soon as the overhang from the 9million shares from director dealings has evapourated then the sp will start to rise. If you all panic and sell then all you will be achieving is to increase the overhang and prolong the wait for the more patient among us.

I do have courage, but I dont let winners change to losers (anymore!), and never get emotionally attached to a share


still holding though for now

you also need to be aware the worlds markets are on the verge of meltdown.

fundamentals wont matter a stich if that happens

Nor will the cash you get for any of your shares.

On Friday they were selling Taih under the mid price. I suspect the same is happening today as there are two groups of prices on todays trades. Around the 17p are sells and 18p are buys IMO. Can anyone confirm this.

Sudden jump in sp would suggest that I'm on the right lines. Here's to a hopefully prosperous future.

i'll be boorish and say it again ..... all fine today (maybe), but learn the lesson of what happens to this type of stock when the market turns sour again