SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Greater China Junior Stocks
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RealMuLan who wrote (1134)2/18/2006 11:18:18 AM
From: schzammm  Read Replies (2) of 1992
 
RealMuLan, thanks for the warning. You must be talking about "buy them out" in general and not specifically SYUT.

SYUT is a U.S. incorporated company and I would think with the sales and earnings they recently reported will soon leave the .OB behind.

"This was the strongest financial period in Synutra's history. Sales in the third quarter reached $30.5 million and net income was at $3.8 million, surpassing the combined net income of the first two quarters of the year. Gross margin again exceeded our full year fiscal 2005 target of 50%. Synutra is financially strong with an established foundation of profitable operations.''

Fiscal Third Quarter

Sales in the third quarter ended December 31, 2005 increased by $13.5 million or 80% to $30.5 million as compared to $17 million for the same three months in 2004. Gross profit was $16.6 million or 55% of sales for the three-month period. Third quarter net income increased by $3 million, or 375%, to $3.8 million from the same three months in 2004. Synutra earned $.08 per share in the third quarter, up from $.02 earned in the prior year period."

Also the stock just broke out to a new 52wk high($4.20). Very thin float though so volume is extremely low and volatile. Still adding to position.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News