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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (3094)	11/9/2007 11:38:13 AM
From: cubsfan	Respond to of 6370

Very interesting indeed. In general, I wouldn't touch Chinese stocks, but like the NYSE listing & underwriters. Thanks for pointing this one out.

To: RockyBalboa who wrote (3094)	11/9/2007 11:44:10 AM
From: Travis_Bickle	Respond to of 6370

Market Cap $1,670.6 Revenues $250 Net Income $9 --- What makes it cheap? WAG sells for .72 price/sales ------------- Financial Highlights: Our revenue increased by 31.9% to RMB1,732.4 million (US$227.6 million) in 2006 from RMB1,313.2 million in 2005... Our cost of goods sold increased by 20.6% to RMB1,124.2 million (US$147.7 million) in 2006 from RMB932.0 million in 2005, and our gross profit increased by 59.5% to RMB608.2 million (US$79.9 million) in 2006 from RMB381.2 million in 2005. Our gross margin increased to 35.1% in 2006 from 29.0% in 2005... Our operating expenses increased by 47.2% to RMB579.6 million (US$76.1 million) in 2006 from RMB393.8 million in 2005... income from operations of RMB28.6 million (US$3.8 million) in 2006 compared to loss from operations of RMB12.6 million in 2005. Our operating margin was 1.6% in 2006 compared to negative 1.0% in 2005... seekingalpha.com