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Re: StocksGoneWild post# 418

Wednesday, 02/20/2008 3:29:23 PM

Wednesday, February 20, 2008 3:29:23 PM

Post# of 727
Stock SMGH is in a huge sector in China

look at this article is great...

http://stockideas.org/content/view/1377/82/

China's telecom industry is the largest in the world!

China's population is well over a billion and is continuing to grow several million a year.

SMGH is planning to acquire a company in IT service with at least annual net income of US$3.5 million sometime this year!

The overall IT spending in China's telecom industry was estimated at RMB 26.95 billion ($3360.1 million) in 2006, an increase of 10.9% over 2005!

SMGH's Beijing GRT is the first one and the only one operator to provide international call forwarding services to outbound travelers in China.

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