China Shandong Industries Ind fka CPGY

[john44]

Conclusion and
Recommendation
China Shandong Industries, Inc. has a strong
balance sheet, experienced management, great
brand recognition and a rapidly expanding
domestic market. They also have a solid
foothold in the international furniture marketplace,
their products are marketed in highprofile
retail stores and they have a very attractive
P/E of less than 2, all of which leads us to
recommend a BUY for CSNH under $0.80
with the expectation that we could see a 2x to
3x move in the next nine to twelve months.