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.

Their cash in the Bank is worth 11.5p per share and 16.5p with the asset's...a major holder/seller was bought out on Friday by a long term holder....maybe not so crap and could start to move forward with the sp.

Good deal signed up this week as well.



Taihua Plc Distribution Agreement RNS Number : 2500WTaihua Plc16 November 2010 

Taihua plc

("Taihua" or the "Company")

Distribution Agreement

Taihua is pleased to announce that, on 12 November 2010, Taihua Natural Plant Pharmaceutical Co. Ltd. ("TNP") appointed Xi'an Zaolutang Pharmaceutical Group Co., Ltd. ("Zaolutang") as its sole distributor in respect of the distribution in China of Biantong Pian, a new Traditional Chinese Medicine ("TCM") product which the Company commenced marketing in October 2010, and entered into an exclusive distribution agreement ("Distribution Agreement") with Zaolutang.

Pursuant to the terms and conditions of the Distribution Agreement, Zaolutang undertakes to distribute 330,000 boxes of Biantong Pian with a total value of RMB10.395 million in the first year and its target will be increased by 20% in the second year. Zaolutang has agreed to pay a deposit of RMB500,000 to TNP. If Zaolutang fails to achieve 60% of the target in the first year or fails to achieve 80% of the targets for two consecutive years, TNP is entitled to terminate the Distribution Agreement and the deposit will be forfeited.

Commenting on this agreement, Nicholas Lyth, Non-Executive Chairman said:

"Traditional Chinese Medicines is a sector in which Taihua has considerable expertise. I am pleased that Zaolutang, a well respected TCM distributor, has recognised this. In the first 6 months of 2010 our TCM sales were RMB2.124m so on-target sales of Biantong Pian will dramatically change the scale of our TCM revenues. With a strong balance sheet the Board continues to look for opportunities to complement our current TCM range."

Moving upwards.

anybody know why alll of a sudden there is activity in this stock?

House Brokers note out 2 days ago

In hindsight I find post 367 rather funny, no offence intended.

Four and a half years of silence have ensued after this post.