This is one of the few China stocks I like right now. The low for the year was about $2. I like what I read in the Seeking Alpha article last night about legitimacy. Also it appears they will make at least around $1.20 for 2012 vs a $3 stock price. Although I wouldn't value any China stock at more than a 4 PE going forward right now, I would give NEP that valuation, and set a target of around $5.
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