Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: InvestingInChina who wrote (30726)	4/21/2008 11:23:25 AM
From: Paul Senior	Read Replies (1) \| Respond to of 78673

Fwiw, I'm in today for LTUS, for a few shares.

To: InvestingInChina who wrote (30726)	4/21/2008 11:39:35 AM
From: Paul Senior	Read Replies (1) \| Respond to of 78673

And for another risky stock (imo), I'll start a buy of ACTS now. If - IF - Yahoo numbers for cash/sh. and for d/e are correct, the stock is very attractive at current price, imo: finance.yahoo.com Again, for me, my preference here with these small Chinese companies selling under $5/sh. is to attempt to accumulate a package of them and then hope that if I can stick with them, the winners will win more than the losers lose.

To: InvestingInChina who wrote (30726)	4/21/2008 3:26:27 PM
From: Paul Senior	Respond to of 78673

WH: I'll continue to average up with a small buy today on this "Chinese manufacturer of seamless casing, tubing, and drill pipes for use in oil and natural gas exploration, drilling, and extraction primarily in the People's Republic of China" finance.yahoo.com

To: InvestingInChina who wrote (30726)	4/21/2008 4:31:41 PM
From: MCsweet	Read Replies (1) \| Respond to of 78673

For a dirt cheap Chinese company, look at ETLT. But I definitely don't trust the accounting. If the financials are legit, this is a no-brainer buy. I don't believe they are legit. Company has legal issues and the market price (way below book with low PE) is telling us that there is something fishy going on. Whoever is trading this stock certainly knows more the situation than I do. IMO the accounting on micro-cap US companies is much more trustworthy than for Chinese companies. There are obviously some bad apples everywhere, but I think you have much higher potential for corruption in Chinese micro-caps. If anyone can ascertain ETLT that is legit, I would love to hear from them. Thanks, MC

To: InvestingInChina who wrote (30726)	6/2/2008 3:46:13 PM
From: Paul Senior	Respond to of 78673

I'll take a few shares of Chinese auto parts maker, [t]SORL[/t]. Looks like profits and growth might continue: biz.yahoo.com "About SORL Auto Parts, Inc. As China's leading manufacturer and distributor of automotive air brake valves, SORL Auto Parts, Inc. ranks first in market share in the segment for commercial vehicles weighing more than three tons, such as trucks and buses. The Company distributes products both within China and internationally under the SORL trademark. SORL ranks among the top 100 auto component suppliers in China, with a product range that includes 40 types of air brake valves and over 1000 different specifications. The Company has four authorized international sales centers in Australia, United Arab Emirates, India, and the United States, with additional offices slated to open in other locations in the near future." If business holds up, I figure the stock, now at $6.06 should trade eventually at my calculated fair value price, about $9-10