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Non-Tech : China "plays"
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To: Gary105 who started this subject8/2/2000 12:06:57 AM
From: mick   of 36
 
Check Out Sino Forest (TRE.a on the TSE)

Trading under 3x earnings and have been historically increasing eps by 25 % for the last few years (they have been profitable since inception). They provide chips for the China market. If they can make good money when pulp has been at a historical low, I expect them to rapidly increase earnings as pulp prices increase. My forecast is greater than $ 0.7 this year. Next quarter release comes in late August.
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