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Re: hebercreeper post# 4866

Tuesday, 10/01/2013 5:21:42 PM

Tuesday, October 01, 2013 5:21:42 PM

Post# of 10144
CCCL--Thanks Hebercreeper. Now I'm trying to figure out a fair value to exit. It's a little tricky because the sequential results for the next 2-3 Qs should be very strong, but these small cap China's usually trade at low PEs. One pulls against the other. When they announce quarterly earnings, they always provide sequential "guidance" by providing two months of sales volume for the following quarter. Q2 earnings announcement showed 50%+ sequential increase in sales for first two months of Q3. So Q3 earnings announced on Nov 11 should be very strong but already priced in. The guidance for the first two months of Q4 will determine whether the stock will continue to run (in addition, as always, to overall market conditions).
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