Replies to post #61366 on China Growth Stocks

[bUrRpPPP!]

SGZH..no doubt they have the potential to put up some big numbers....hope they do for our space. g/l

[Traderfan]

SGZH, I agree 1.30 might not be unrealistic but then again they aren't cheaper in terms of 2011 PE than most of the other china stocks which even trade on a bigger exchange and haven't let down the investors in the past. So at 5 I would be interested but not at 6.90. Just my opinion.

[2morrowsGains]

SGZH...Rames, how are you arriving @ FY2011 EPS estimates of $1.30?? They could earn close to that in the first half of 2011 IMO. SGZH will earn approx $0.41 in Q4 (based on projections), UP 64% from Q3, and they are just at the beginning of their ramp-up.
Also, keep in mind that the Xing An mine will now be able to maintain coal processing operations year-round, unlike before when I believe operations were cut in winter due to harsh weather.