Asia Electrical Power International Group (fka AEPW)

[Huggy Bear]

Thats a good question.

Usually a forward split is indicitive of strong growth and strong revenues being generated. not the opposite.

but like you said this was in dec 07. expectations were high and they never panned out. nonetheless, they have survived so far and finally posted a pos. Q, .01 is not impressive but the projections are for .20 eps in 2010.

I'm long AEPW hoping that these projections are somewhat actualized this time around. its a different company now, and they are poised to recieve large chunks of $ from the PRC for infrastructure improvements. thats a damn good customer to have, IMO.

Realize that AEPW is still trading below book value, but an EPS of .04 next Q will surely change all that. I'm adding here (modestly) in hopes that the company might actually pan out to be the player they originally hyped themselves to be. malc.