China Growth Stocks

[2morrowsGains]

LPH...Even after the current run, LPH has a trailing PE of only 2.5 and that's BEFORE the all cash acquisition. They have $0.00 debt and have already said Q3 was a "solid" quarter.
Still very undervalued. Just goes to show how beat to smithereens some of these China stocks are.
There has been some intraday pull backs, but they've been small and weak. IF there is any consolidation from here, I doubt it will be much as we head into earnings next week.
Should get word on the acquisition and maybe more info on a possible dividend. (LPH brought up a possible dividend in their presentation a couple of weeks ago. Could be sometime next year.).
The market could easily give LPH a forward PE of 2 or 3 (which is still very low) after the acquisition closes, making this a minimum short term $2 - $3 stock. Of course that's just my opinion and you never know...