InvestorsHub Logo
Followers 559
Posts 23793
Boards Moderated 0
Alias Born 03/06/2009

Re: chief post# 59

Sunday, 11/25/2012 9:25:05 AM

Sunday, November 25, 2012 9:25:05 AM

Post# of 115
Good point chief, Personally i think the company was smart to lower guidance for the year and it wouldn't surprise me if we see an earnings surprise next Q...

Not too many small cap China companies not reporting decreases in 2012, however 2013 is looking more promising for many sectors...

As China addresses the economic and social issues facing its economy head-on, look for a turnaround in the sectors that are currently experiencing a slowdown; steel, construction, equipment manufacturing.
China Gerui Advanced Materials Group (CHOP) recently announced that it continues to operate profitably and increase production - albeit at a slower rate, while working on new product initiatives and specialization in order to grow its customer base.
We should expect some fits and starts as China moves toward sustainable growth, but evidence points to a turnaround starting in the fourth quarter. This is particularly true for companies that will contribute to the much-anticipated domestic growth and infrastructure, such as steel manufacturers. Improvements in revenue and profits will likely come more slowly than in the past, but this should not deter investors looking to participate in China's growth. Companies that were able to not only survive the past year, but also implement strategic tactics for growth, such as CHOP, will undoubtedly generate positive returns for their investors.




Happy holidays as wellwink

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.