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Strategies & Market Trends : Value Investing

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From: InvestingInChina10/17/2007 11:56:38 AM
  Read Replies (1) of 78751
 
CHME.OB (China medicine) ttm eps .77/share, trading under $4?

Can anyhone please tell kick the tires and maybe tell me what I'm missing on this one?

Fully diluted (19M shares) still gives .60/share income ttm.
Here's the SEC filing from last Q:

yahoo.brand.edgar-online.com

and last Qs highlights:

GUANGZHOU, China, Aug. 14 /Xinhua-PRNewswire-FirstCall/ --

Second Quarter Highlights:
-- Revenue increased 105% to $8.3 million
-- Operating income increased 313% to $1.4 million
-- Net Income increased 328% to $1.1 million or $0.08 per diluted share
-- First six months revenue increased 70.2% to $13.4 million with EPS of
$0.15
Thanks,
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