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solarity

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solarity

Re: None

Thursday, 10/22/2009 7:06:32 PM

Thursday, October 22, 2009 7:06:32 PM

Post# of 94785
ALN . . this from Redchip. "American Lorain (ALN) is the largest producer and distributor of chestnuts in China. The process food industry in China is growing at 8% annually and China is the largest consumer of chestnuts. The company is expected to report a strong 3rd and 4th quarter. Currently the stock trades at a 5x P/E in a peer group that trades at a 10-12x P/E multiple. The current value of the stock is approximately $7-$8, representing a current upside of 150%"

Trades on the ASE at $2.95
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