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  • Will Crude Oil Break $100/Barrel? [View article]
    Millions of cars in China will be back on the roads and factories around Beijing will return to production after the Olympics are over and the restrictions on air-polluting activities are lifted. China demand will go up again. OPEC is talking about cutting production to keep prices higher. Oil will not see sub $100 again. Ever.
    Aug 21 07:07 am |Rating: 0 0 |Link to Comment
  • China: More Evidence of Increasing Risks [View article]
    Agree 10% with rufcrazy2. There are more than a few China microcaps traded in the US with 50-100% yoy income growth, trading at PE multiples that are absurd.
    Apr 20 23:23 pm |Rating: 0 0 |Link to Comment
  • Chinese Shares Soar - But Can They Be Bought? [View article]
    I agree that staying clear of the parabolas is advised here, and also agree that there are some that excellent value stocks that are still unknown that are taking part in China's torrid growth.

    One that a I'll mention here for your consideration is WWMU.OB.

    The upside on WWMU: At $6.50, this stock currently trades at a forward PE of 9 based on 2007 eps estimates of .71/share. They have about $1/share cash, no long term debt, and are growing revenues and income at > 50%.

    The downside? The float is miniscule with only 308k shares in it, and about 2M shares total outstanding. As a result, trading been extremely thin at this point.

    That said, I think it's worthy of a small position here based on their growth, cash/share, lack of debt, and pending acquisition in November that will be immediately accretive to earnings.
    Oct 11 06:21 am |Rating: 0 0 |Link to Comment
  • Protecting Yourself From the China Bubble [View article]
    While it might be time to short some of the parabolic China stocks, there are still others that are just stupid cheap.

    WWMU.OB is a prime example:

    ttm eps of .55 and stock under $7 still.

    Also paying a dividend starting this year.

    With another China manufacturing acquisition due to close in November, and projected EPS of .60 for 2007, it's proof positive (to me anyway) that if you do good research and pick and choose, you can find great deals in China.

    That said, I'd short anything that's gone parabolic in the last few weeks unless they have the fundamentals to support the sp.
    Oct 09 18:38 pm |Rating: 0 0 |Link to Comment
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