ZHONGPIN INC., is a U.S. publicly traded meat and food processing company that specializes in pork and pork products, and vegetable and fruits in the Peoples Republic of China. The Company is developing a nationally recognized high quality brand for meats and food products that encompasses a meaningful part of the everyday Chinese meals. Zhongpin's products include bacon and sausage for breakfast, sandwich meats for lunch, and fresh or chilled pork for dinner. The company's philosophy is to embrace the modern Chinese culture by being a positive part of everyday meals which bring happiness for today and for future generations. Zhongpin's also exports its products to the European Union, Eastern Europe, Russia, Hong Kong, Japan, and South Korea.
ZHONGPIN INC., is a U.S. publicly traded meat and food processing company that specializes in pork and pork products, and vegetable and fruits in the Peoples Republic of China. The Company is developing a nationally recognized high quality brand for meats and food products that encompasses a meaningful part of the everyday Chinese meals. Zhongpin's products include bacon and sausage for breakfast, sandwich meats for lunch, and fresh or chilled pork for dinner. The company's philosophy is to embrace the modern Chinese culture by being a positive part of everyday meals which bring happiness for today and for future generations. Zhongpin's also exports its products to the European Union, Eastern Europe, Russia, Hong Kong, Japan, and South Korea.
Stock has beat EPS estimates 3 of the last 4 quarters. It has a low PE of 7.8. Earnings growth of 25% is forecast for next year. HOGS should be a good buy at this price.
Wow, what just happened? This stock is completely oversold at 13.19. Nothing has changed, no short seller hit piece, and they are still the number one pork producer in the PRC, with intentions of further consolidating a very fragmented industry to capture even greater market share. A SCREAMING BUY
Breaking out on good volume in a bad market. Has the fundamental behind it to support a further rally. Ests are up, growth looks good. 8xfe 0.2peg. 18% rev growth and 26% earnings growth. Will probably retest the 12-13 area before the big run. Stop out if it closes below 12.
The stock was priced at @10.83 when I bought it on Jul 27; On Aug 4,. it reached a high of @12.56. I believe the stock will double in 4 to 6 months from now. It seems there is a high demand for pork in China.
Take a look at the 3 year chart, it went no where. This is nothing but a trading vehicle. Short to medium term duration. Just don't fall in love with it. FEED would be a better play on hogs.
Stock has beat EPS estimates 3 of the last 4 quarters. It has a low PE of 7.8. Earnings growth of 25% is forecast for next year. HOGS should be a good buy at this price.
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