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Strategies & Market Trends : Low Price/Cash Ratio Value Stocks

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To: MCsweet who wrote (1391)3/3/2009 1:44:28 PM
From: Elroy  Read Replies (3) of 1931
 
CHDX is a beauty down here. They have $3.39 in net cash. They sell medical equipment in China, and operate a few hospitals in China. They are profitable and expected to report their best quarter every in March.

No explanation for why the share price is so low at the moment other than money flows. It's not very liquid, so if a major holder needs/wants to sell they can drive the price down a lot. If they report anything near expectations for March I'd expect a nice bounce.
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