China Health Labs & Diagnostics Ltd CHLBF

EPS estimates raised for CHO

[lscfa]

FY2012 eps =
.16, FY2013 =
.2, this equates to forward P/E ratios of only 2.6x and 2.1x

See link to research report

https://www.researchfrc.com/research/pdf/cho/CHO%20%20Update%20%20-%20June%2021%202012.pdf

[robert1229]

Th research report which you have apparently posted twice (as a link) is unavailable.  When I click the link, I am informed that the file is not found.  Maybe you have a way to send the report to me.  My request for a chance to read the report is a respectful request.  I am a beneficial holder here (too?).  My inclination is to hold a value play for as long as it takes for

[Renlong]

For some reason you can't click on it, just copy and paste the url into the bar and it should be good

[robert1229]

Mr. Renlong, I may not master the suggested technique, but thank you for your help.  Maybe you would say whether you like the report and whether v.CHO seems poised to move higher.  It looks undervalued to me.    Thank you.   Robert

[Renlong]

Pretty much the same opinion as you, as long as this company isn't a fraud it's very undervalued

[robert1229]

I have to study it some more.  I realize it was not superb, but the market seemed to punish the shares rather too harshly.    It would take some nerve to average down here, but I am going to think about this possibility.   Good luck to all.   Robt

[Renlong]

I'm not really sure why this keeps going down, it's trading less than book value and still producing profits. Maybe people don't see much in their A/R, but they are from government sources so they should be legit.  With 8m in revenues and A/R only going up 500k means they are being paid. Again my only concern is this is a fraud or some other unethical BS is going on. Though I don&

[Renlong]

I'm gonna have to correct myself. A/R went up 3m quarter over quarter (was looking at their 6months ending). I could see how that's a little worrying, but they said payments usually come in the first quarter, hopefully nothing iffy here. Would really like to see a timeline of these payments but sadly they don't show it. Anyways nice little boost for the stock recently, looks like