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bucheron
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Did 4 years of Army, now at McGill University(Montreal, Canada) in Commerce,
  • SUTOR, undervalued and profitable 0 comments
    Jul 6, 2010 2:56 PM | about stocks: TOR, PKX, CPSL
    SUTR
    -They seem to have a conservative business model (They don't produce unless they get 30% down payment, which they say reduce Account Receivables bad debts.)
    -The are earning steady income
    -They're in China
    -averaged P/E over the last 3 years is at 3.1, Price to tangible book is at 0.45.
    -Not a loss in the last 5 quarters.
    -Current assets have been increasing over the last 2 years, and debt has gotten smaller.
    -A Buy-out is very possible for this company.


    Could be undervalued because of the recent hype over China's bubble bursting, but the business itself is running fine and management has a conservative salary. Plus it's a micro cap company, which could be the reason why it's overlooked by big firms.

    Recommends a Strong Buy.



    Disclosure: Long SUTR
    Stocks: TOR, PKX, CPSL
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