China Growth Stocks

[GenNattyGreene]

UTA - new article on growing institutional ownership, which is an extremely bullish sign in a time when many retail buyers are scared to buy China names. Someone's DD is saying buy this one.

http://seekingalpha.com/article/251780-universal-travel-s-growing-institutional-ownership-a-bullish-sign

I think this smart money pouring into UTA is getting ahead of the head turning numbers that will be reported (based on management guidance) in Q4 and for full year 2010.

In short, if UTA just hits in the range of their guidance, it would mean the following (excluding non-cash charges):

Q4 2010:
$35,800,000 revenue
$9,600,000 net income (90% YoY increase)
$.48 EPS

Full Year 2010:
$145,000,000 revenue (50% YoY increase)
$27,000,000 net income (45% YoY increase)
$1.39 EPS

Today, UTA is trading at PE of 4.8 to 2010 earnings on 45-50% top and bottom line YoY growth.