CHME. I'm still considering.
If this company is primarily a distributor, and I value it like I value other distributors (such as wholesale electronic component or retail stuff), then this stock is not a buy for me.
CHME's business doesn't seem comparable to medical supply/drug distributors like CAH, ABC, MHS. CHME has lower p/e, much higher profit margins, and thus also a much higher price/sales ratio.
Company does seem to have a number of nice positives. They have a supply chain in place (suppliers and customers), a large number of items, some key products, and are in the apparently insatiable Chinese market. (And additionally, all this could be a positive for an acquirer or consolidator.)
My limited experience with CHME's kind of business is that it can be lumpy due to inventory stocking and changing customer demand. Furthermore, the negatives expressed here by others seem very valid.
That all said, IF profit margins can be maintained and sales hold up, then at a p/e of 12 ($3.60/.30), I conclude the stock can be a small buy - for me anyway.
I'll take a few shares at current price.
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