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Biotech / Medical : Biotech & Pharma.T.A, -- Ignore unavailable to you. Want to Upgrade?


To: J.S. who wrote (2257)2/13/2008 11:12:38 AM
From: Jibacoa  Respond to of 3722
 
I don't get it why the stock price is so low.

It seems the stock price was affected by the sale of common & warrants on Dec, as well as the larger loss on the 2ndQ.

As mentioned, the Jade subsidiary's valuation of its land use rights, & its plant and buildings have been reappraised for $21.8M, which is significantly > the FY2007 book value of those assets.

ADL has 4 Qs of significant improvement on revenues & the earnings on the 3rdQ were on the black for the 1st time. <g>

It seems the pending 4thQ results should also be good by comparison, since in 2006 it had a loss 0f $0.45/shr, much larger than the $0.12/shr in 2005, when revenues were 0.01% of the 2006 revenues.

The insiders reportedly hold > 20% & the short ratio is around 5x its ADV

If the 4thQ results come out good, it seems the stock could have a nice spike to the $4.20 level, which would be a 40% gain from present levels.<g>

bigcharts.marketwatch.com

Bernard