With the current earnings and the blow out projections for next year, and the fact the story makes so much sense, with the who china gov't support of chinese ag, and their store front penetration into the market, and the growing demand for meat by the growing middle class---why are we trading at these levels? Especially with seasonally strong period and the near term capacity increase. Secondly the friggin stock can move up or down $1.50 on 6000 shares traded. -I can't resist being long here, but it is getting spooky.
SVA ,YONG ,CAG all have higher PE with less earnings.I think the folks are ignoring the book value /cash with their offering back a few months ago.The herd will have to chase it when the ER /CC coming out.
This is just not discovered yet.... Around $2.50 a share in profit this year and north of $3.50 next year. I picked up some during this last pullback and want it to go lower so I can add... Its amazing to me how quickly they send this up with little buying.