China Green Agriculture is a fertilizer play. With only a 63 million dollar market cap, expected revenue is 31.74 million and estimated profit of .63 a share. As we all know one of the main reasons investors were shying away from fertilizer is that they were unsure if China was going to continue to be a big market for them because of the economic downtturn, which apparently China doesn't even know about. Main products are organic, which seems to be the next big thing over there. Oh, and of course nutrition. Anyway next year revenues are expected to be 41.98 millioin and they are expected to have a profit of .90 a share leaving them at a forward price to earnings ratio of way under 5. I expect them to surprise and increase estimates as well, but market sentiment towards china may not change so soon, which is why I only give this a target price of $8.
$3.39 (03/27/09)
