High Power International, Inc. (HPJ)

[bigfred1]

Hpj is a chinese company and it has been inconsistent. Even with the unaudited result Hpj margin went back down to 20% gross margin compared to 25% in the 3rd quarter. So we will not be at .45 EPS. Either .41 or .42 cents. So a PE of 8 gives us 3.30 stock price. We had 2 quarters in a row at about 108 million in revenue. The first quarter of 2017 will compare to 1 cent loss in 2016 q1. If we do about 44 millions in revenue in q1 2017 we could be looking at a 200 million revenue for the year with about .55 cents
EPS times a PE of 8 and we are looking at 4.50 stock price.