 |
 | |
 |  |
| 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. |
The company is engaged in the business of brewing, distributing and marketing Pabst Blue Ribbon beer in China! China is currently ranked as the second largest beer producer and consumer in the world behind the US. The company is fully reporting with the SEC. Corporate # 310-274-5172 Year ending DEC 98 rev $138 million US earnings- .32/share US--fully diluted 8010013 Book vaue--$24.3 million or around $3.00 US cash-$10 million or over $1.00/share US long term debt--under $1 million Management and funds own 7,000,000 shares--leaves the float at around 1,000,000 FIRST QUARTER 99 rev $33.7 million US earnings-.11/sh US fully diluted-8 million shares cash--$12.7 million US around $1.50 book value--$25,285,131 or $3.16 US Stock range: 98 .75-$8.00 The second and third quarter are the strongest --SUMMER MONTHS!!! The first quarter is winter and they still did .11 Rev and earnings should equal or surpass 98 numbers! This opportunity may be a screaming BUY for patient investors and value players! China is out of favor, CBRB is unknown and underfollowed and fundamentally the cheapest stock in the world!! ( maybe) Currently trading at 25% of cash! Currently trading at 77% below book! Currently trading at a trailing 12-months PE of around 1.5X Currently trading at a Trailing PSR of .023 According to the latest filing: The Beer industry in China is seasonal! The company's sales are usually at their lowest in the months of October and Nov and highest in the months of March through September. The company owned effective interests of 60%, 24%, and 33% in three brewing facilities currently producing Pabst Blue Ribbon beer in China, all of which are managed by the company. The sublicense with Blue Ribbon up for renewal NOV 7 2003! CHINA IS SOMEWHAT RISKY-JUST LIKE ANY OTHER NON-DOMESTIC COMPANY. THE REAL RISK MAY BE NOT OWNING CBRB EITHER FOR A PLAY OR LONG TERM! EVEN AT 10X TRAILING THE STOCK SHOULD TRADE AT $3.00 NOT .41 ONE TIMES BOOK THE STOCK WOULD BE $3.00 NOT .41 TWO TIMES CASH THE STOCK WOULD BE $3.00 NOT .41 REVIEW THE LATEST FILINGS BEFORE INVESTING, THAT IS 10K AND 10Q's | ||||||||||||||
|
| Home | Hot | SubjectMarks | PeopleMarks | Keepers | Settings |
| Terms Of Use | Contact Us | Copyright/IP Policy | Privacy Policy | About Us | FAQ | Advertise on SI |
| © 2025 Knight Sac Media. Data provided by Twelve Data, Alpha Vantage, and CityFALCON News |