China Growth Stocks

[Drexion2004]

LLEN: I think you got confused =). Crane is part of LPIH, he is not involved with LLEN. I'm a little surprised you believe that the 12 month projection is 'rose colored' though. I didn't really see anything that far fetched in the report. Its silly to have 'research reports' coming from an IR firm representing the company, thats certainly true... On the other hand, I've actually found their research tends to be conservative in its forecasts for EPS. Look at how badly the company beat their Q2 prediction. I think the same will happen for their FY 2010 prediction.

One thing the company has been really bad at is providing up to date guidance for EPS. They announced guidance awhile back, did a ton of acquisitions / reduction-of-minority-interest and didn't update the guidance. Coal prices jump over 20-30% and no change in guidance... heh...

-Fernando