Monday, April 16, 2012

Changda International Holdings Fiscal 2011 Results

10-K

EPS $0.19 per share from $0.33 (2010)
higher cost of sales and higher operating expenses, primarily due to the write off of the old plant and equipment, write off of preoperating expenses pertinent to the new Heze plant and the provision for slow-moving inventory items.

I really think this China stock is legitimate because it has also several Westerners on board. One of them is Mr. Jan Panneman http://www.zoominfo.com/#!search/profile/person?personId=1570925632&targetid=profile

IT IS JUST A MATTER OF TIME WHEN THIS STOCK IS GOING TO FLY!



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