Nsom Challenge - Most of these are picks gleaned from the VMC board and are well known. I'm pretty excited about my wildcard of MCCY. I would encourage everyone to take a look at it before next week. And as Skillz says, I could always be wrong.
Good luck to all in PSL #7.
TBYH – China cell phone company. Revs have been been doing good and the company has guided for an even better year in 2008. Besides, Len picked it for his DD pick for 2007. If it is going to hit for him then it will happen during this contest.
CAGC – China Fertilizer company. With millions of Chinese leaving the fields and heading to the cities to work, food production there will have to get more efficient to feed the masses. I believe it was Bobwins who brought up this idea and it makes good sense to me. This should be a long term gainer and with a little luck will get a good pop during PSL #7.
ETLT – China food research company. Same reasons as CAGC but this company is cash rich and growing. Book value more than double current PPS. Revs continue to grow. Expect big numbers out of this one.
IBIN – Software – This one was in the price range that usually does the best in the PSL. They have been growing Revs too. Wanted a bit of exposure to some tech in here although I don’t really know why? Keeping an eye on this one as a possible trade.
MKRS – Military tech company. Recently announced several new contracts. Revs and income doubled last quarter. Company expects another big contract announcement in Oct/Nov. Should make PPS pop and with some luck I can freeze some profits in PSL #7.
MCCY – Trucking software firm. This is my wildcard pick. Company has guided $300 mil in Revs with 70% margin. All signs point to Sept. 24th being a marquee date as audited finacials, new website, and consolidation of entities will all happen by then. This one could be a flyer. Only picked by myself and Skiddoes.
This is my nasty little habit!
