InvestorsHub Logo
Followers 322
Posts 31993
Boards Moderated 22
Alias Born 12/30/2004

Re: None

Wednesday, 10/17/2007 10:29:13 AM

Wednesday, October 17, 2007 10:29:13 AM

Post# of 173802
SUOT +.45 to 6.10, looks like one of the best China smallcap values out there .... I've been accumulating shares. Rapidly growing steel company at a low PE.

EPS of $0.25 in June fiscal Q4 versus $0.13 y/y, although Q4 may be seasonally strong based on historical results. Also helping were currency gains. Revenues up over 40% y/y.

A further big growth boost will come from a major new galvanized steel production line expected to come online in February .... tripling capacity in the product that generated 50% of revenues in fiscal '07 !

SUOT is currently my 2nd largest China holding after SNEN.

There's also good volume in this stock and it appears to have Nasdaq listing potential. Market cap is around $200M.


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.