nsom challenge:
4 of mine are dirt cheap chinese stocks with growing revs and earnings:
CNEH- trailing PE of 4, growing production by 16%/qrtr sequentially, ready market for all the oil it can produce, even at $40 oil, this one remains profitable.
CHCG, Earned 14c last Q vs 10c. No debt and 50c/ share in cash. China recently announced that consumer spending was up 23% vs a year ago, strongest in 9 years. Chinese love electronics and gadgets. Should mean continued strong #s for this Chinese equal of "Best Buy". Est PE of 2.75
CHME- Chinese drug firm- EPS in Q2 doubled to 16c vs 8c a year ago on 40% increase in revs. Super growth ahead, yet selling at only an estimated PE of 3.
UTVG- Recently completed a pipe transaction at 1.55, very unusual because it was well over market price. Strong quarters are coming up. I estimate it will earn 24c/ share in the second half or 34c for the year. Estimated PE is about 4.
CXPO.ob-Current market cap of only $90 mil vs $400 mil after tax PV10 reserve value (based on $90 oil and $6.86 ngas). Cash flowed $62 mil last quarter alone. Current quarter will be less with prices but I still think they will earn about 75c/share in the current quarter. Not including huge gains from derivatives, that is still only a PE of 3.
AYSI.ob- Well discussed on Ihub. Basically the case of the company that has built the better "mousetrap" and is now increasing capacity to meet strong demand.
AI
