Replies to post #183 on Value Microcaps Pick Six Lotto 09 (PSL9)

[northenlightsk05]

Nsomniyak and KIK challenge picks:

CRTP.OB
Excluding stock option, CRTP posted 0.08 per share of earning for Q1/08. Excluding stock option, two analysts projected 0.47 earning per share for 08 and 0.83 earning per share for 09, so forward PE=7.6 for 08 and forward PE=4.3 for 09. The projected earning growth is impressive, 236% for 08 and 77% for 09, respectivelly. They had just completed the phase 1 of their major project in HengYang and the production started in April this year. I also like the potential in battery for electric bike industry, which is gettng popular with the increase in crude price.

CHLN.OB
It is a good asset play and high growth story. Its major asset consists of 487 acres of Baqio land in Xian, of which 18 acres sold at the end of last year for $1.2 million per acre. The rest of the land, 487 - 18 = 469 acres, has better value due to favorable location and continueappreciation. CFO mintioned on Q1 earning CC that the land value would be higher than $1 billion USD. The company also has low valuation and strong growth potential with forward PE=5.5 and 42% earning growth for 08 as well as forward PE=4 and 38% earning