CHINA BIONANOMETER I (GREY:CBIU)

WEB NEWS

Wednesday, April 30, 2008

Research
company is slightly profitable on an EPS basis, based on second quarter 2007 press release. After-tax margins were a very impressive 36% for the period, Unfortunately the company has 65 million shares outstanding hurting its absolute EPS figure. Will have to watch closely to see if the firm can ramp up revenues to produce bigger EPS numbers.

Regardless the stock still seems to have some value on trailing numbers. From the information available it seems the firm has about $.01 in trailing EPS. Could be worth $1 with a P/E of 25 on trailing. However, we really need to see an established trend before making any type of serious consideration.


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