Hong Yuan Holding Group (HGYN): No news yet, but they said they'd announ...

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Hong Yuan Holding Group (HGYN)

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Re: wooferwax post# 647

Friday, 10/22/2010 11:12:28 AM

Friday, October 22, 2010 11:12:28 AM

No news yet, but they said they'd announce something about their progress there before the end of the year. Let's hope it coincides with a PR about being cash-flow positive, and then we're off to the races.

This company is terribly undervalued -- trading at a forward P/E of under 3. 2011 could bring a 500% gain from today's price IMO.

Ty

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