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American Lorain Corporation Message Board

  • stockteam1 stockteam1 Nov 19, 2009 6:19 PM Flag

    let's see

    I believe this new forecast from the company translates to .70 cents per share in 2010 or 5x earnings if at $3.50. You take it from there.

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    • Those were my shares this morning pre market (below) at $3.25 balanced with shares purchased at $2.74-2.79. This stock is CHEAP at close near $3 and someone was in there taking it all day.

      08:11 AM Eastern Standard Time, 11/19/2009 -- American Lorain (ALN:$2.98,00$0.4401,17.33%) says it reaffirms guidance for 2009 sales between $146 million and $148 million, in line with the Thomson Reuters mean for $146.60 million. It sees net income between $14.4 million and $14.8 million
      For 2010, it sees sales between $182 million to $190 million. It sees income of approximately $17.8 million to $19.0 million.
      Price: 3.25, Change: +0.7101 , Percent Change: +27.96

 
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