+ Watch BORN
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China New Borum Corp was really popular with investors when the China mania was going on back in 2010. It spiked from $5 to $18 in a very short period, only to bottom out to under $2 for over a year and a half. It appears China equities are making a comeback. True some good were probably dumped with the bad. If investors begin to trust China New Borum again, then it could easily go from $4 where it shot to today on earnings, to $6 or $8 by end of year. From a P/E standpoint, with the last earnings report, if they can be maintained $4 is cheap, especially since they are releasing a new product in addition to their core product.Still, it's hard not to be a skeptic, and I don't think the market is ready for the risk/reward. I know China has a booming population, but how much a corn-based edible alcohol do you need, even in China, Why wouldn't you just eat the corn?$107.9M in Revenue generating $5M in net income is weak. Still $0.19 per quarter EPSx4 quarters x typical China P/E of 7 = $5.32....so room to run, but I don't think the corn is going to grow that fast. I may be wrong, but I wasn't BORN yesterday.....
Very nice metrics on this one, can't really see it going anywhere but up!
It is currently trading well below its target price.
good chart & market
The novelty is good for another few months, then it will stabilize around 15
I don't know if this stock will stay on a run but ut's doing great!!!
This company is going to move up fast. It is a solid company with good ideals.
CEO voted most influential businessperson in China's travel industry; very low P/E; PEG; plenty cash and NO debt; growth rate: +50%
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