Shares & Derivatives
China Animal Healthcare – an old Stock Pick delivers a strong set of 2011 earnings…..I am adding it back to my Stock Picks……find out why
By Kevin Scully-Financial Blog  •  March 2, 2012
China Animal Healthcare - an old Stock Pick delivers a strong set of 2011 earnings.....I am adding it back to my Stock Picks......find out why
Friday, 2 March, 2012  12:7 AM
Posted by Kevin Scully

 I first recommended China Animal Healthcare when the stock price was S$0.28 and added it to my Stock Picks.  At S$0.40 on 9 December 2010, I removed China Animal from my Stock Picks because valuations were stretched and it was 2 cents away from my fair value of S$0.42.

Earnings of China Animal were impacted by costs associated with its HK dual listing in 2010 and I was looking for a rebound in earings in 2011 - which have just been released.   With the share price now at S$0.24, even lower than when I first recommended it but with base 2011 profits higher than when I first ...

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By Kevin Scully-Financial Blog
Kevin began his working life in the regional and economics division of the Ministry of Foreign Affairs. He then moved to the private sector analyzing equities before venturing out to start NRA Capital. After 25 years of watching stocks and living through financial disarray during the Pan Electric Crisis, the 1987 Crash, the Barings debacle, the Gulf War, Asian financial crisis - what can sub-prime do but add another scar to already bruised wounds. Ever since starting his blog, Kevin has been enthusiastically giving his personal views on the market. He discusses about equities, the market turmoil, and the broad economy.
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