Momentum Players

[jaybird249]

CDS AMEX CHINA stock 6 Forward PE:

CDS is a China Magensium producer that guided for $20 MM Income in 2008. With 20 MM shares OS that means CDS projected $1 EPS for 2008. However that forecast was when Magnesium was $3000 per Ton. Magnesium now OVER $5000 per Ton. I expect CDS to guide up to over $1.50 per share fpor 2008.. CDS could be the next CHNR (China metal stock that went from $8 to $50.

If CDS even attains a CONSERVATIVE 15 forward PE it will be $15. With CDS's skyrocketing growth a PE of at least 25 is warranted IMO. CDS will be the stock of 2008.

"As we head into 2008, we preliminarily see our current revenues exceeding $270 million with net income exceeding $20 million. This outlook, which is not inclusive of any additional acquisitions, will be reviewed and updated at the time of our 2007 year end results.�
http://biz.yahoo.com/prnews/071114/clw03...


Dutton Associates has $15.52 Target price for CDS:
Target Price: $15.52
http://www.duttonassociates.com/research...
Additional Reports from Dutton: http://www.jmdutton.com/research/chnd/