phoned again and talked to another operator, and was told the same thing.
How can this be?
Cap ex per barrel $15 or under and Op costs 10 or under. They already own their properties so such cost should be ignored. And when they do buy property it is for an undiscovered play which allows them to accumulated land for next to nothing, i.e a couple hundred dollars an acre.
Renember 9 months from now they will be talking 2016 earnings power for basic valuation.
as any astute investor know competion is coming in the space, but none-the-less with morons like Cramer putting out the idea that ABBV won't get approval, there will be a spike down.
duration of the new combo regime. A) what will be the per pill price tag. B) will it be a 6-8 week regime?
What is the source to find them? Use to have a twitter handle but I can't find it.
don't understand what's going on here.
aboard. I hope they do push it back towards the 5 dollar range. Might as welll sit there for the next 18 months until the next round of capacity comes online rather than ping pong back and forth from $6-12.
due to product mix. and economy of scale efficiencies. But by then there will be further expansion in the works to add another 50% or so to rev and earnings i.e 7-8 eps.
Trouble is due to ignorance of US investor base and the h-town Jw crooks, instead of owning a $45-60 stock, the company will buy themselves back for $15 bucks a share and relist on hong kong for $50 bucks plus a share.
I broke out the expenses in a previous post.
And even with that they didn't reduce full year estimates. Not that that matters as they are setting up for a futher doubling in the size of the company in two years hence and futher stellear growth for years to come after that.
Despite this there were turds whining about the 30 cents eps that appeared in the presss release. Learn to read financials statements for christ sakes.
clueless fools. Companies have many subs and the fact the attack article only included one was a common mistake/tactic by bush league shorts, and was never an issue. The fact the idiot on the conf call harped on this when it was easily explained away. Does he not think auditors look at such things, when it was a common issue many years ago with chineses companies listed on us exchanges. The US investment community is a joke. Throw in the h-town crooks and is is a cojplete and utterr joke.
Shows what chump change clowns they were.
Nat gas costs are expensive in china.
read my last post.
$8.23 ncrease in interest expense to fund new production facilities, both of which don't benefit the current quarter. i.e they occured alll the costs for future revenue without recieving any of the benefit.
increase in R&D foe future products and $6.23 increase in net interest expense to finance building of new 300 million dollar facility--both of which should not be applied when measing q2 operating results, but because they don't meet the criteria for capitalization, they were included as operating expenses. IF one uses a 25% income tax rate this represented a (14.46 X.75 ) $10.85 reduction in reported net income or 17.5 cents EPS. i.e without these investments for plant expansion and future products net income woud've been $ 10.85 million higher for an EPS of 50 cents a share.
I got screwed in Younge because I held options which expired worthless when the H-town Jw crooks and the scummy Jw lawyers got nasdaq to halt the stock even after the privatization offer. Their are just as many US crooks new york H-town Jws as their are chinese frauds.
Sell now if you do not understand. It is the only chinese stock I own exactly for that reason. The lawyers and shorts know there is no chance of fraud, I certainly do. Dullard longs on this board seem to be the only ones who don't understand this. Ip so facto, why the hell do you own this stock.
2 members on the board of directors takes any thoughts of major fraud off the table, sell now. There will be no buy backs, no dividend. The attack was laughable and was destroyed point by point. If you don't understand what the situation is sell your shares and go way..