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Central European Distribution Corp. Message Board

  • hotpanera2 hotpanera2 Dec 17, 2002 2:31 PM Flag

    Breakout Getting Attention on Yahoo

    1:13PM Central European Dist. -- Daily Breakout (CEDC) 18.55 +1.55: Shares of Nasdaq-traded Central European Distribution Corp are posting a 9.1% gain today. The $105 mln market-cap company is an importer and distributor of alcoholic beverages in Poland. For the nine months ended 9/30/02, revenues rose 49% to $180.6 million. Net income totalled $3.7 million, up from $1.3 million. Going forward, CEDC is projected to earn $1.31 this yr (p/e 14.1) and EPS is projected to grow 38.9% next yr to $1.82 (p/e 10.1). Volume today is 118,000 shares, or 3.1x avg daily turnover.