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You can say that my post is useless but in the meantime the numbers are speaking lounder than your words:There is a dilution of 13 million when the current shares are 15 million, 85% DILUTION. The SEC filings prove that they made EPS of $0.11 for the Q2, so the P/E of PUDA is above 12. (I exclude the unprofitable Q$ as you see).Now, with the news acquisition managed by PUDA must prove that they can made 4 times more profits to reach the P/E of 5 you mentioned.Then you will have a stock listed in AMEX with P/E 5, but only then, but even then there are NASDAQ listed chinese stocks with growth and P/Es around 5 for 2010.
i dont like it when people provide false information. puda will only register stocks for 13,000,000 dollars, that meens about 2-3 million stocks at current price levels. so this dillution wont be that bad, about 15-20%!!!