Replies to post #49206 on China Growth Stocks

[Traderfan]

LTUS, is the company predicting 150 million for 2011 or within the next 12 months of a fully operational new facility? I guess what I ask is will the new facility be read to operate at the beginning of 2011?

[cliffvb]

LTUS I think that the $150 mil revenue estimate for the new facility may be in RMB, not USD. Still, that could add about $7 mil in net income (12C EPS) next year on top of organic growth. I also agree with thrower that the company is being conservative in their guidance for this year, second half results are historically stronger than the first half.

With 45c in eps this year, LTUS is at a PE of 2.4, figuring 60c in eps next year, the PE drops clear to 1.8. This stock seems very underpriced, even considering the low PEs in the sector.