China Growth Stocks

[tmcal6]

NEP is my second or third largest holding and I also share your concerns. I am hopeful that they picked after clsoe on Friday only to allow maximum time to prepare an informative release and to allow the weekend to digest it. I will be happy with flat total revenues and EPS based on expected lower oil production revenues and slightly higher prices and higher drilling revenues. I hope they can announce that they commenced new drilling on their existing assets and an avenue for expansion of their own resource base and production. I hope the reference to developments in the email response is related to progress in both business segments. I am crossing my fingers and expect to hold. Even with a slight decline in revenues and earnings, if the developments going forward are positive, NEP should start to be more fairly priced.

Tmcal6