Nsom Challenge;
Well I have participated in everything else with this great board, so I may as well try to get in under the wire on this challenge. Since I have always been sheepish and these picks have been favorites of this board and have already been in the challenge with other posters, I will be brief. My PSL6 #8 picks are:
AEY: Long time favorite of the Board and picked by a few in this challenge. Still selling off even with a close to fully taxed PE of 8. Should have another strong quarter announced next month.
BWR.to: Zinc and copper mining stock with 4 mines and very profitable, but has performed poorly so far this year with the general trend of mining stocks. Traded above 3 six months ago and may get there again later this year if the world economy stays out of the crapper.
CAGC.ob: Chinese fertilizer company with PE under 7, strong earnings and great prospects.
CNEH.ob: Oil producer with a large drilling program this year and hopefully a very low PE if we can eliminate the concern over the number of stocks held by whom.
CPHI.ob: Chinese pharmaceutical company, again with low PE and great earnings that should report another strong quarter next month.
UTVG.ob: Same as others but travel agency business. Down almost 50% from 52 week high but a long-term hold for many on the Board.
Well 5 out of 5 are China picks. Did anyone get 6 of 6?
tmcal6
