China Growth Stocks

[BigOnChina]

LPH is a buy, plain and simple. Closing the deal, while it took longer than we would have liked, shows that management delivered on their promise and didn't dilute shareholders.

$1.68 on the premarket is nice but the company has a book value of $3.31. Let's not forget that they just bought a $110 million facility and at a stock price of $1.68, have a market cap of just $169 million. They just doubled capacity. They still have plenty of cash on the books and no debt. They're generating millions in cash flow every quarter. Now that we can trust management is it possible a dividend is coming soon?

I'm buying more.