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.
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.
China: More Evidence of Increasing Risks [View article]
Protecting Yourself From the China Bubble [View article]
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.