agri-tech Well I can see how it is dificult to believe this technology works. It really seems too good to be true. That being said...if China grows 500 million pigs per year, and MGW gets 1% of the market next year, that is 5 million pigs. At $15 per pig that is $75 million revenue for MGW. Assuming a 50% profit margin, that is $37.5 million profit. At 120 million shares that is .35 cents per share EPS. At 5x earnings that is 1.75 per share. At 10 times earnings that is $3.75 per share. What about if they get 10% of the market share?
Again, not sure it will work as well as China Light claims, but even if it is half as good, how would every pig producer in the world not use it? Seems to me this could be the biggest spec stock on the venture. Will be interesting to see if Raymond can convince new people to buy shares and hold to see if the technology works as claimed. Or, like I said, even half as good.