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CHNG has three lines of business:
Jun 22 13:05 pm
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All Comments by pwu8 »China Natural Gas: There's Still Time to Catch Some Growth [View article]
- residential gas sales for newly constructed building
- whole sale of gas and compressed gas to gas filling stations
- company onwed compressed gas filling stations (for viehcles)
The company stated it's the last that's going to drive the company's high growth. The company has 14 stations operational today and is planning to have 20 under construction by end of 07. Each new station can potentially add $0.02 to the eps - you can do the rest of calculations from here.
~p