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Yongye International, Inc. Message Board

  • iq180plus iq180plus Jun 17, 2010 7:43 PM Flag

    edmondoluck: You're looking at the wrong year to impact price.

    It's not beating this year's eps estimate by a couple of cents, what is important is that the year simple unfolds as expected, continuing on with growth in the 50% range to set things up for next year's additional 50%, because in mid Nov when the q3 earnings are released the company will trade on next year, not this years eps, which will be in the 1.50 range. Stick a meager 10 times eps on that, and you're looking at 15 dollars.

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