Why China Health Resources Inc. (CHRI.OB) is Currently Undervalued
Last year was a rough year for this Herbal Medicine Company focused on DAR, a traditional Chinese medicine known to cure many ailments, as they reported a loss of .01 cents per share. This however was a rough year for most agricultural firms within China as the year saw tremendous flooding that destroyed many crops. The market is still pricing this past information into this stock when this year has been quite good for the company. They recently received the coveted Chinese equivalent to FDA approval, “GAP”. This is huge for the company and almost instantaneously adds franchise value to…