Value Microcaps Motherboard

[BiotechValues]

GSHO (General Steel Holdings)China stock- Barrons says forward PE now only 4!

Closing price of $6.55 yesterday = forward PE of 4 according to Barrons with company to make $1.50/share. Stock responding nicely last 2 days. Suggest buy on pullbacks. It's going to $20.00 for a modest forward PE of 13.
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Interview with Peter Siris, Managing Partner, Guerilla Capital Management

Barrons: Give us one more Chinese stock.

Siris: How about General Steel [GSHO]? It has a great story. The company was founded by some farmers as the first privately owned steel company in China. It scavenged equipment that was being thrown away by a local government steel mill. Deng Xiaoping came and blessed it. It recently announced joint ventures with two big Chinese steel companies. General Steel should make about 40 cents a share this year, and next year as these joint ventures start to hit, it should make $1.50, with over $2 the year after. The stock is at 3.75. Eventually mainline analysts are going to pick up coverage of these companies because they're real businesses with exciting growth stories.