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.

Hope people managed to get out, before getting trapped in.

As usual, awful results and a massive move down.

Well done anyone who got the spike and sold at the top, unlucky for anyone still in.

Looks ok now again, just had some dummy tests and there seems to be
very little stock around, sell 150k at a premium buy 2.5k close to full offer.

Swimming against the tide but ready to break out if good news hits about
a european partner will be a big boost, the company is still supported by
a large amount of cash next to their market cap.

Totally expected (if you are sensible and not a ramper)

Anyone thinking different was living on the moon. Remains a large avoid IMO.


RNS Number : 8919G
Taihua Plc
09 February 2010

TAIHUA PLC
("Taihua" or "the Company")

TRADING UPDATE

Taihua plc a China-based pharmaceutical company which manufactures Paclitaxel,
Homoharringtonine and Traditional Chinese Medicines ("TCM") would like to update
its shareholders on its progress in 2009 before the release of its financial
results for the 12 months ended 31 December 2009.

Overview

As disclosed in the AGM Statement of 24 July 2009 and the 2009 interim results
of the Company, the first half of 2009 was very difficult for the business of
Taihua. Impacted by the global financial crisis and foreign exchange rate
fluctuations, the sales volume of Paclitaxel and Homoharringtonine, the
Company's principal products, had decreased when compared to the same period in
2008.

The Company's customers' demands increased in the second half of 2009 compared
to the first half of 2009 (Paclitaxel sales in H1: 4750 grams; Pacliataxel sales
in H2: 6805 grams (an increase of 43.26%) and homoharringtonine sales in H1:
1620 grams and homoharringtonine sales in H2: 3570 grams (an increase of 120%)).
However, the increase was not sufficient to arrest the decline in year end
profits compared with the previous year.

Therefore, although the trading performance of the Company has improved in the
second half of 2009, the sales volume of Paclitaxel and homoharringtonine in
2009, as affected by the poor performance in the first half of 2009, was still
lower than that in 2008.

Paclitaxel and Homoharringtonine

The prices of Paclitaxel and Homoharringtonine remained unchanged in the second
half of 2009.

During 2009, the Company sold 11,555 grams of Paclitaxel, a decrease of 31%
compared to 2008, and 5,190 grams of Homoharringtonine, a decrease of 43%
compared to 2008.

TCM products

The Company has not fully recovered from the adverse influence of the suspension
of TCM production in 2008. As a result, the sales revenue of TCM products in
2009 decreased by 9% compared to 2008.

Outlook

The Company is now concentrating on further discussions with potential European
distributors and expects to conclude the negotiations with potential European
distributors in March 2010.

Proselenes - 09 Feb 2010 12:53 - 337 of 337
Totally expected (if you are sensible and not a ramper)


That rules you out then PP :-))

ps nothing too bad with that statement, mm's fishing for some cheaper stock !

In this market nothing but a brilliant TS will get prices up so nothing to be too worried about, company is backed by a lot of cash and will rally when it signs
up their European partner.

ravey davy gravy - 09 Feb 2010 13:20 - 339 of 339

ps nothing too bad with that statement, mm's fishing for some cheaper stock !

ERRRRRR MM"S DO NOT FISH FOR CHEAPER STOCK ON AWFUL NEWS. THATS A DESPERATE LINE TO COME OUT WITH.

In this market nothing but a brilliant TS will get prices up so nothing to be too worried about, company is backed by a lot of cash and will rally when it signs
up their European partner.

A EUROPEAN DISTRIBUTER AGREEMENT IS GOING, IN ITSELF, TO DO NOTHING. THEY HAVE TO SELL THE PRODUCT, ALL IT DOES IS OPEN POTENTIAL, BUT THERE IS NO CERTAINTY THEY CAN SELL.

DO NOT FORGET THEY ARE LOSING THEIR EXPORT MARKET IN ASIA NOW AS THEY ARE TOO EXPENSIVE WITH THE YUAN GETTING STRONG, AND SO THE SAME PRICING PRESSURE EXISTS IN EUROPE AGAINST OTHER SUPPLIERS.

THE OUTLOOK IS BLEAK.

Dont you get bored with a never ending vendetta on a company Papel Power ?

Life is too short, you've been talking down this company for so many years others
just ignore you now, does CAPS LOCKED make me want to take you more seriously
...erm no...surely you have better things to do than wish for a company to go bust !

Simple bit of mm fishing, they flushed out a few panic sellers but once they dried up the price is back up and away and once again there is little stock about to buy.

I've enjoyed this one falling down from 25p to 5p and below.

Its still a bag of poo, illiquid little small cap with problems as they export a lot and the Yuan is now too strong, so they are hurting.

If you want to buy Chinese companies avoid software, and also avoid ones who rely on exports like Taihua do.....uncompetitive.

Focus on the "domestic demand" ones......like WCC.

you and i certainly agree on this load of laxative!

Yep, this certainly is one crap stock.

Todays price just shows how much people take note of you Papel Papel, your deramping of this is more a vendetta than fundamentals hence everybody ignores you thesedays.

why must someone who has a dislike for a certain stock, and posts to that effect be perjoratively termed a deramper? ...... that being so, what does that make you?

Because the company is still profitable and has no debt with a large cash balance.

If the company was loss making and in debt then maybe PP would have a case.

And i dont have a position so my thoughts are unbiased, i recall a similar style vendetta with WCC and then he buys and starts to ramp it, maybe that is what
PP wants to do here ?

you didn't answer the question

Dont waste your time with me again cynic, you should get yourself over to advfn where i'm sure you will get the attention you crave.

cynic, ignore the rampers.

Most are trapped in from 20p + levels and are total dreamers.

The company openly admits its in trouble as the Yuan is so strong that its not competitive in Asia anymore and its Asia market sales have collapsed and in order to keep selling margins have fallen ?

European deal means nothing, unless the can sell and show they can sell, and given other suppliers are getting all the market share in Asia, well, what do you expect to happen in Europe...... ?

i wouldn't touch this share with RDD's!
i seem to remember one of the coven telling us all how wonderful this share was too, somewhere in the not so distant past

MR C. !!! Am not stalking you but what are you doing EVEN doing on this thread. Bit like catching a scoutmaster in a brothel . lts a complete DUD !!!!

et tu Brute!