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From: false1...@aol.com
Date: Wed, 13 May 2009 07:12:06 -0700 (PDT)
Local: Wed, May 13 2009 10:12 am
Subject: Re: Earnings & guidance
Not with China Industrial growth decreasing in this psuedo depression
and the Bike company they now own. What?they didn't do their homework before buying it to see its worth and revenue potiential and liabilities. Sounds like a possible set back. This is probably a long term big winner. I will take a qucik profit on this one and get back in after a pull back to support in the $2.60 range. Still have 3000 shares. On May 12, 12:07 am, tsa...@gmail.com wrote:
> Commenting on the results, Mr. Zhiguo Fu, Chairman and CEO of Advanced
> Battery Technologies, stated, "We are pleased with the progress that > our Company has made despite the difficult economic environment. We > were able to achieve suitable revenue growth for the quarter, although > we will strive for greater growth in 2009 with increased production > capacity and tighter cost controls. As such, we expect the expanded > assembly line in Harbin to be operational late in the second quarter > of 2009, which will add the production capacity enabling an additional > $22 million in revenue generation for 2009. We remain optimistic about > our continued growth in the remainder of the year and currently our > backlog for the battery business is approximately $64.0 million as of > early May." > Sounds like some pretty decent statements to me. I like the fact that
> Any other thoughts? I think we have a nice upside from here! You must Sign in before you can post messages.
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