Snow,
I am saying that there are very good reasons to believe that BOTH the earnings and the p/e multiple will triple by mid 2013. Therefore, the share value would by 9x !!
Earnings tripling is the company's stated guidance. As per last post, multiple tripling (or more) is based on:
1) extremely low now
2) Asian exchange
3) demonstrated growth
4) much higher asset base
5) much bigger company, higher revenues (>$200M); therefore,analyst coverage and eligible for institutional ownership
These are actually conservative. Believe the average p/e in Hong Kong or lesser China exchanges are 15+, and these are for companies with nowhere near the growth.