The Chinese government has issued several regulations requiring security at many government and private facilities that are frequented by a large number of people annually. Estimates that the market for video surveillence in the Chinese market will total about $25 billion per year.
CSCT is acquiring smaller firms and creating a end-to-end solution for video surveillance in China. They are trading at about 17x this years earnings estimate of $1.05 per share and about 12x next years $1.45 estimate. Yet they are growing about 50% per year.
I will provide a full investment overview on this company within the next few days.
Disclosure: Author is long CSCT.OB
CSCT.OB 1-yr chart: