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bitter_genius

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bitter_genius

Re: None

Wednesday, 11/15/2006 9:04:45 AM

Wednesday, November 15, 2006 9:04:45 AM

Post# of 75
EPS for the 9 months to date is 0.55

If Fushi has another tough quarter with eps of 0.05, the twelve month trailing eps is 0.60. The price is currently at $6.00, so a p/e of 10 for a chinese company seems fair value to me.

Some forward guidance would be good as would a reduction in the price of copper.

Need to read the 10q some more to see how easy it would be for FSIN to get their EPS back up to 0.15 a quarter.

Regards



BG
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