Replies to post #63586 on China Growth Stocks

[ari5000]

wonder how many china names are going to look at CCME and start pushing for their own dividend policy...


Which companies can best afford to pay out a little something?

[Gator44]

DEER $11.01

Following in CCME foot steps, DEER is the second of our tier one stocks that have come through with solid third financial results that eclipsed analysts estimates:

Exceeded third quarter 2010 analyst estimates of $0.21
At $0.30, EPS is expected to exceed fourth 2010 quarter analyst EPS estimates of $0.27
2011 EPS guidance $1.13 is above analyst EPS estimates of $0.97

[Koufax]

CCME The six month thing is a red herring. If the shares were purchased in the open market, this may be insider trading (although rato makes a very good point -- the forthcoming dividend policy had been disclosed -- it's just that nobody believed them because, well, it's Chinese). If they were purchased privately from a seller who also knew about the forthcoming dividend policy, then it is not insider trading.

If the stock climbs to $18 today, Jacky's profit is $300k. Is it worth chasing? I really don't see the SEC jumping into this -- there is so much more egregious conduct in this space that it would see odd to go after this company, which has otherwise done everything right.