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Re: IPO$ post# 361

Wednesday, 06/24/2009 8:40:04 PM

Wednesday, June 24, 2009 8:40:04 PM

Post# of 407
CSGH...Nice growth potential...Four additional battery production companies will begin testing samples of CSGH's new lithium ion phosphate...
http://finance.yahoo.com/news/China-Sun-Group-HighTech-Co-prnews-1738651445.html?x=0&.v=1
In a little over 2 months, Dalian Xinyang High-Tech Development Company (CSGH) has signed sample testing agreements with 12 enterprises. Following testing, CSGH plans to begin "mass marketing" their new lithium ion phosphate.

Here's the clincher...CSGH already has great earnings w/ a low PE. They have NO debt with VERY low liabilities and VERY low A/R and they are in one of the hottest growth sectors in China...
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38979748

More notes...
http://investorshub.advfn.com/boards/read_msg.aspx?Message_id=38584718&txt2find=csgh
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=38074782

Next year earnings could be off the charts, but you never know...
Time will tell.

3 month Revenue (Q/E 2/28/09) = $8.8M.
9 month Revenue = $27.4M.
3 month EPS (Q/E 2/28/09) = $0.04.
9 month EPS = $0.12.
No LT debt.
Paying taxes.
No shareholder dilution.
Cash & Eqiv = $12.2M
A/R is VERY low @ $2.9M.
Total liabilities = ONLY $3.4M.
Fully diluted Total Shares Outstanding = 53.5M.
Current share price = 0.70.

The information posted by 2morrowsGains is opinion only and should not to be taken as investment advice.

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