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T O P I C     R E V I E W
osubucks30  - posted
Take a look at this company reminds me of AOB before its rise. Great cash position of almost $35 million and no debt. Eps is estimated at over $2.00 for next year.

Research reports:
http://www.jmdutton.com/research/CHBT/index.html
 
osubucks30  - posted
Its trading below $11 and it is very lightly traded but like I have said before if they continue to execute their plans the volume will pick up.
 
osubucks30  - posted
Earnings

Link:
http://biz.yahoo.com/prnews/071113/cntu034.html?.v=3
 
osubucks30  - posted
Laughable down 7% on 1900 shares traded. They actually filled my order at $7.60 on the third sell. The previous two sells they jumped over me. I am happy to add in the $7's and will try to add more Friday!!
 
osubucks30  - posted
Finally:

China-Biotics, Inc. Receives Approval to Begin Construction on Large-Scale Manufacturing Facility

Link to press release:
http://biz.yahoo.com/prnews/071130/cnf014.html?.v=30

Its a steal below $12. I think it is going to $20 plus before this time next year.
 
metal1  - posted
damn, i missed it. i was going to look at it and i forgot. i wish i could find another AOB though. i got lucky and got in on that at $2.
 
osubucks30  - posted
Its not to late to get in this one. They only got 17 million shares. Look at AOB's current market cap and you see this has lots of upside!
 
osubucks30  - posted
They now have over $60 million in cash and will have over $40 million even after the construction of the new plant!!

China-Biotics, Inc. Issues $25 Million 3 Year Convertible Note

Link:
http://biz.yahoo.com/prnews/071212/cnw010.html?.v=39

I like that it is converted at $12 and this sentence "The Note also provides for mandatory conversion into common stock if the Company achieves a net income of $60 million in fiscal year 2010." So someone is expecting some bigtime $$$!
 
osubucks30  - posted
I hope this thing comes back down so I can add to my position.
 
osubucks30  - posted
Still trading at the private placement price of $12. Still holding. Here is an update over the past few months.

China-Biotics, Inc. Expands Retail Network to 60 Shining Retail Centers
Link: http://biz.yahoo.com/prnews/080422/cntu013.html?.v=44

China-Biotics, Inc. Completes Foundation for Its New Plant
Link: http://biz.yahoo.com/prnews/080509/cnf026.html?.v=8

China-Biotics, Inc. Signs Third Bulk Additive Customer
Link: http://biz.yahoo.com/prnews/080519/cnm041.html?.v=4

Here is a link to their corporate profile:
http://www.chn-biotics.com/c4429/c4454/default.html
 
osubucks30  - posted
China-Biotics, Inc. Reports Fourth Quarter and Full Year Fiscal 2008 Financial Results Thursday July 10, 4:00 pm ET
Full year revenues increased 38% to $42.3 million
Full year non-GAAP net income rose 30% to $14.2 million

Link:http://biz.yahoo.com/prnews/080710/cnth017.html?.v=36

New plant should be complete by third quarter! Over 70% margins on the product they will produce. Will be a cash cow!! Current PE at 15 now(Based on $12). I hope it dips below 10. Yesterday was a buying opportunity but I missed it(Dipped to the low 10's). Looking to add to my position after the report!! [Smile]
 
osubucks30  - posted
China-Biotics, Inc. Files Application for Nasdaq Listing

Link:
http://biz.yahoo.com/prnews/080718/cnf016.html?.v=21

Hopefully this will get new investors into this one!
 
osubucks30  - posted
Still adding to this one. The new plant will be producing in the next fiscal year. The plant can add up to $110 million a year when fully at capacity. It is also expandable to double that when the time comes. They also expect 70% margins on the product produced in the new facility!

Full year results will be announced Wednesday. Hopefully they will say something about the new plant. In the last Q they said trial production was suppose to start in April but they did not release any news about that. I am wondering if they may have run into more delays. I still think anything below $10 is a great price because eventually the new facility will be up and running!
 
osubucks30  - posted
Still about even over about 1.5 years on my investment in this company which isn't horrible considering the rest of the market! Lol
 
osubucks30  - posted
This is finally starting to get noticed!!! Its around $16 but if you look at the money they will be making when they are at full capacity at the new facility it is cheap!!

They do have around $4 cash on the balance sheet plus they add close to $5 million per quarter!! Like I said when I first posted this... they are and will be a cash cow!! Lol

This year net income should be north of $26 million... next year will see a big ramp up as the new facility gets close to capacity. Should be at least $40 million ( but thats very conservative IMO). They do have 70% profit margin on the product.
 
osubucks30  - posted
Anything under $15 is a buy IMO... They had another private placement that got them another $65.5 million (4.6 million shares at $15)... so now they have over $140 million in cash.

Plus news today that trial production at new plant has started!!
 
osubucks30  - posted
Hovering around the $15 level... I still think this is a strong buy around these levels for a longer term investment.
 
osubucks30  - posted
Up to above $17.50.
 
osubucks30  - posted
Well its below $15 again. I added some the other day below $14. I would not mind being able to get some around $12 so I actually want it to drop. All about patience even though it tuff sometimes. lol
 
osubucks30  - posted
Looking like it is finally breaking out! Above $16 again.
 



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