Tweets: CHBT (CHINA BIOTICS)
MOFinancial 11:56 AM
11/17/09
We have to say, in light of the way our question was answered on $CHBT (Msges, Tweets) call, the growth in China seems like the real deal & is sustainable.
MOFinancial 11:54 AM
11/17/09
$CHBT (Msges, Tweets) Call: In working with companies outside of China, they are actually helping them to serve the China market more effectively.
MOFinancial 11:54 AM
11/17/09
$CHBT (Msges, Tweets) Call: China feels that the domestic market is it's biggest opportunity for growth.
MOFinancial 11:48 AM
11/17/09
$CHBT (Msges, Tweets) Call: We do see a trend in the US where those raising animals are eliminating the use of antibiotics & we see China following.
MOFinancial 11:45 AM
11/17/09
$CHBT (Msges, Tweets) Call: We feel that we can take share from antibiotics because of the concern over antibiotics going forward in uses for animals.
MOFinancial 11:40 AM
11/17/09
$CHBT (Msges, Tweets) Call: The company will need $20 million to finish it's 150 million ton facility to bring full capacity online.
MOFinancial 11:39 AM
11/17/09
$CHBT (Msges, Tweets) Call: The company is looking at North American acquisitions with some of the cash on their balance sheet.
MOFinancial 11:37 AM
11/17/09
$CHBT (Msges, Tweets) Call: Being asked about plans for cash deployment on the conference call, nearly $130 million on balance sheet.
MOFinancial 11:22 AM
11/17/09
$CHBT (Msges, Tweets) Call: Despite the global economic challenges seen around the world, demand for our products remains robust.
MOFinancial 11:18 AM
11/17/09
$CHBT (Msges, Tweets) Call: Recorded a loss of $9 million dollars from the revaluation of convertible notes as a one time event in the quarter.
MOFinancial 11:16 AM
11/17/09
$CHBT (Msges, Tweets) Call: Gross profit was up 51.5% YOY to $12 million with margins up to 71% from 69.9% yoy.
MOFinancial 11:09 AM
11/17/09
$CHBT (Msges, Tweets) Call: We are able to provide probiotics equal in quality to those of our European counterparts, at 1/6th of the price.
MOFinancial 11:08 AM
11/17/09
$CHBT (Msges, Tweets) Call: As of September, we now have contracts with 20 bulk addative customers, up from 12.
MOFinancial 11:07 AM
11/17/09
$CHBT (Msges, Tweets) Call: Once the new plant is up and running at full capacity, we will see sales of over $100 million with 70% gross margins.
MOFinancial 11:07 AM
11/17/09
$CHBT (Msges, Tweets) Call: Bulk addatives have grown to 38% of our revenue from 13% and we plan to be a global leader in bulk addatives.
MOFinancial 11:06 AM
11/17/09
$CHBT (Msges, Tweets) Call: Revenue is up 49% YOY, in Oct. 150 metric ton facility came on line, used accross a variety of high growth sectors.
