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Author Topic: SKBI- People have to eat! $50 stock with patience!
osubucks30
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SKBI-

Wow I found this and I am very excited about this one. With earning growth a PE of 15 is very conservative and will probably deserve a higher one once this is discovered. Earnings this year will be north of $2 a share and next year will be well north of $3 per share. In fact one analyst is forcasting over $4 a share profit. Patience will be rewarded.

Very low share count so this one will fly once it is discoverd. Less then 3.6 million total shares!

Posts: 1458 | From: Ohio | Registered: Mar 2004  |  IP: Logged | Report this post to a Moderator
osubucks30
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Plus with the $21 million private placement stockholder equity is now about $47 million. Using 3.6 million diluted shares the book value is now north of $13.
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osubucks30
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Up above $19 now on huge volume for this stock... Think it going to make its run toward the mid twenties very fast!
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osubucks30
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Market may sell off big... will give people with cash good prices for buying... Added some today at $17.10. Will add more if it drops to around $16...
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osubucks30
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Skystar Bio-Pharmaceutical Company Announces Two-for-One Stock Split

Link: http://finance.yahoo.com/news/Skystar-BioPharmaceutical-iw-1590343230.html?x=0&. v=1

At current prices the stock will be under $10 after the split. This for a company that should make around $1.25 this year and north of $1.75 next year(both post split EPS).

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osubucks30
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Still looking good... Plant was delayed till Q1 but they should still make north of $1.75 next fiscal year. Still patiently holding. I still think this goes to $20 quickly when institutions discover it (only 7 million shares so it won't take much).
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osubucks30
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Still holding and patiently waiting. No one knows about this one still! Can't wait till 4th Q earnings come out plus they are presenting at upcoming investor conferences:

http://finance.yahoo.com/news/Skystar-to-Present-at-iw-2960974684.html?x=0&.v=1

I still say this is a over $20 stock within one year and north of $30 in 2-3 years. (note they had a 2 for 1 stock split so that would put it above my $50 call as I posted this before the stock split)

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osubucks30
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Earning tomorrow. This will be one to watch. Volume has been heavy (for this stock) the last couple of days. Might be a huge breakout with great earnings!
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osubucks30
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I have been adding on this pullback. Book value will be north of $9.40 by this time next year.
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osubucks30
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Added some today at $8.50 will do again if it goes below $8. To much value for any longer term investor at these prices.
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