CHINA SHOTO is profitable and in a huge growth market
(CHNS)
moneyplus
- 06 Mar 2006 16:23
This share has started to rise rapidly after the trading update which was very encouraging. The company provides batteries for mobiles etc and alternative power supplies. floated at 135p-should be a good investment with results due on April 18th.
Good trading Dil-I'm not back in yet but hoping to soon. Are you looking at any other chinese stocks? I hold EBT EPE EPY CSB and LDC all healthy but not really taking off yet-PCM and AKO were very bad buys I'm stuck with!
Took a stake in this one yesterday (trading stake). Looks like its on a roll and with the new factory opening this month we could get good news flow. Forward P/E of only 10 and looks very cheap to me.