Conclusion and Recommendation China Shandong Industries, Inc. has a strong balance sheet, experienced management, great brand recognition and a rapidly expanding domestic market. They also have a solid foothold in the international furniture marketplace, their products are marketed in highprofile retail stores and they have a very attractive P/E of less than 2, all of which leads us to recommend a BUY for CSNH under $0.80 with the expectation that we could see a 2x to 3x move in the next nine to twelve months.
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