China Green Agriculture (CGA -1.2%) its subsidiary, Shaanxi TechTeam Jinong Humic Acid Product...


China Green Agriculture (CGA -1.2%) its subsidiary, Shaanxi TechTeam Jinong Humic Acid Product Company, has signed a 5-year cooperation agreement with an agricultural material coop in Zhejiang province, which has been a major distributor of Jinong's roots boost product. Sales of Jinong's roots boost product to the dealer are expected to grow 30X per annum by FY17 when compared to this year.

Comments (4)
  • muchenlee
    , contributor
    Comment (1) | Send Message
     
    CGA is an innovative, research based Organic fertilizer company and is poised to continue its expansion to be one of the top fertilizer companies in China. I have visited Jinong, Gufong headquarters and their R&D sites in Xian in the summer 2011 and were very impressed with the management team and the business plan the company has. CGA has enjoyed over 20% annual profit growth since 2007 and is severely undervalued. The current P/E ratio is 1.71 and represent an excellent entry point to own this stock.
    9 Jul 2013, 03:09 PM Reply Like
  • eyedoc2
    , contributor
    Comments (11) | Send Message
     
    30X30X30X30X30=24million times growth in sales over the next 5 years. I would be happy with a total of 30X growth over 5 years. (Unless they are starting with one ounce now and 24 million ounces in 2017.) CGA stock @ $2.64 X 24 million times is "more money than God" for each share of stock by 2017. Buy 100 shares today and be a multi-billionaire by 2017.
    9 Jul 2013, 08:33 PM Reply Like
  • 125436
    , contributor
    Comments (4) | Send Message
     
    Yeah, they need to clarify their math. It would also be nice if they stated their current annual Jinong sales to the agricultural material coop in Zhejiang province so we would know what that would mean.
    10 Jul 2013, 03:41 AM Reply Like
  • jopotto
    , contributor
    Comment (1) | Send Message
     
    Can one expect they might pay any divident sometime in the future ?
    That would certainly be the trigger for higher stock price.
    10 Jul 2013, 05:14 AM Reply Like
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