Aurelien

China North East Petroleum: Growth Confirmed, Stock Re-rating Anticipated

I actually like this one better without the share valuation. It allows the readers to come up with their own thoughts and lets the numbers speak for themselves. Narianu from the IV board has pointed out the the lowest TTM P/E CNEH has seen is 6.5, while more typical PE's are in the 9-13 range. Assuming a typical P/E at the end of 2010, CNEH should be in the $20-30 range by then.

I for one would be very happy to see those figures in 2 years.