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.

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

what are you ? some sort of knight in shining armour ?

Im sure we all know the risks , or should do.

by the way , TAIH rocketed from 20p to near 30p when the markets were getting "sour"

The extreme market turbulence we have seen the last couple of weeks has turned even the best stocks sour. Im not worried unless it gets back to my buy price and I have to sell :(

as you might say to me, "When I need your advice, I'll give it to you"

?

lol

Just topped up another 10,000 shares. Not long now.

good stuff, I'm still hanging in here, good to see it back above the results spike again

looks like this could fly, absolutely no stock around and MMs trying not to deal.

I unloaded half of my holding today in 2 lots

very happy from 13.5p , I'll sit on the rest of them for now

can't be wrong to top slice .... TAIH, perhaps more than most, is totally and utterly unpredictable as free float is far too small for comfort

will most likely go further up come November, but Im now in a comfort zone for September and October

Speculation about brokers note due out at end of Sept, has risen from 45p to 80p.