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China Carbon Graphite Group Inc CHGI

China Carbon Graphite Group, Inc., formerly Achievers Magazine Inc., is engaged in the manufacturing of graphene, graphene oxide and graphite bipolar plates products. The Company also operates a business-to-business and business-to-consumers Internet portal, www.roycarbon.com, for graphite related products. Vendors can sell raw materials, industrial commodities and consumer (household) commodities to both business and consumers through the Website by paying a fee for each transaction conducted through the Website. Its business scope includes manufacturing and selling primarily the graphite products. The Company's customers primarily include international customers, which generally purchase products pursuant to purchase orders. The Company does not enter into long-term contracts with its customers. Its subsidiaries include Talent International Investment Limited, XingheYongle Carbon Co., Ltd., Golden Ivy Limited and Royal Elite International Limited.


GREY:CHGI - Post by User

Comment by coaleon Dec 07, 2009 2:06pm
171 Views
Post# 16561486

RE: CHGI revenue and net income growth

RE: CHGI revenue and net income growthThis info and taking into account Chinese government plans to build over 40 nuclear reactors by 2015 where nuclear graphite poduced by CHGI can be used. Their growth prospects are promising. Since each reactor needs 10,000 metric tones of nuclear graphite at a cost of $17,000 a ton or average of $170 million sale per reactor.  This type of material has a 50% margin. And China Carbon has less than 15 million shares issued and outstanding.  If they supply only one nuclear reactor per year they will net almost $85 million.  That translates into over $6.00 per share in earnings.  At a 5X PE you have a $30 stock. Looks definitely interesting.
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