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megazoo

09/27/09 5:15 PM

#4235 RE: bradford86 #4233

PE of 6 or 7.
CPBY and CMTP should not be lumped together. CMTP may outperform CPBY this week, because of AONE's ipo and lithium being a hot sector. But in the end, CMTP is a commodity producer -amongst many Chinese companies. CSGH is a much better company to play in the lithium space, because they may just be able to own a cobalt mine in Congo, plus they have more innovative battery technology.

CPBY's growth has been slow, just like LFT's growth was slower last year. CPBY's best days are ahead, with the acquisition and more spending by Chinese gov on info security. There are many Chinese Nasdaq/NYSE companies that have a PE greater than 15, eg, LFT, CFSG, DGW many gaming companies. So the notion that all Chinese comapanies have to trade under 10 PE is bogus. As long as you show growth, the market will reward you amply. Hopefully, CPBY's results from this quarter will fit the growth criteria.

Yes, I have a 12 month target of 20.

All in my opinion.