China Agri-Business (CHBU) much better results than expected

Much better Q3 results than we had expected.

EPS Q3 $0.07 (Expected $0.04)
First nine months $0.15 (Expected $0.12)
Cash per share $0.89
Book Value $0.96

Our final 2010 EPS expectation of $0.17 will likely be succeeded.

The current price of $0.81 is below their book value and cash value per share. This stock will trade above one buck this year. Just wait and see!