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Sunday, March 23, 2008

ShengdaTech (SDTH) combined entries

Shengda Tech (SDTH, sec) makes nano precipitated calcium carbonate ("NPCC") which has several industrial uses. They also have a legacy coal-based chemical business. In terms of trailing P/E, I paid a fairly high price for this stock. What I see in the stock is its future growth.

I first looked at it here in Oct 2007.
I sold it ten days later for a 20% gain.
I bought it back at a somewhat lower price later that same month.

Q3 2007 results, Nov 9, 2007
Q4 2007 results, Mar 23, 2008
big financing deal, May 17, 2008, sold it

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