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Re: None

Monday, 11/10/2008 12:20:46 PM

Monday, November 10, 2008 12:20:46 PM

Post# of 376167
CSKI - reported huge earnings - always thought this was one of the best china plays on paper (only problem is thin and shorts have picked on it in the past in the teens when the buying drys up) - its conservatively worth double (in a 'normal' market, its worth 4x that) and that's no pump - reported 0.60 for the Q (beat by 0.15), $1.39 for 9 months, has 51m in cash, no debt, 80% revenue growth expected next year and around $2.75 EPS...under 4 forward PE....

They just announced upping authorized to allow more flex...divy's, splits etc...makes sense since its only weakness is being thin and they are only talking to 50m authorized.

I've watched all morning and the smallest of buyers move this up 0.7c and have started a position again in the 10.20's...compare to AOB eps/PE to see how cheap it is.
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