TAIHUA - Traditional Chinese Medicine - a tonic for your portfolio ????
(TAIH)
soul traders
- 15 Dec 2006 15:35
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.
Driver, I have the thread. Commander Riker, you have the conn. Or was the conn the thing in the submarine in Crimson Tide?
Where was I? Oh yes, shares!
As Laurie rightly says, it's up! I'll try and take a look at your threads, sometime, too, Laurie!
MP, I am not sure whether to expect a pull-back; I tend to think more in terms of where this might be when the next results are published (possible trading update towards year-end or sometime in Jan?) or in 6/12/18 months.
Well done Laurie. I have only been married 15 years and mine won't hold up at all. It is now considerably lower. But then again, so is a large amount of the wife.
Alan
A not-particularly exciting RNS: Taihua Plc - Total Voting Rights
RNS Number:2028O
Taihua Plc
19 December 2006
Taihua plc (the 'Company')
Total Voting Rights
For the purposes of the transitional provisions of the Financial Services
Authority's Disclosure and Transparency Rules, the total number of ordinary
shares of 10p each in the capital of the Company in issue as at the date of this
notice is 81,211,000 with each share carrying the right to one vote.
There are no shares held in treasury.
Therefore, the total number of voting rights in the Company is 81,211,000.
The above figure may be used by shareholders in the Company as the denominator
for the calculations by which they will determine if they are required to notify
their interest in, or a change to their interest in, the share capital of the
Company under the Disclosure and Transparency Rules.