China / India19 Jun 2009 23:47
WCC look a good buy on the slight retrace this week, big increase in production capacity underway within that company and with china back to being a building site pretty soon a cement manufacturer will have guaranteed EPS growth, current PE of about 1 is just a joke.
FTO is a great company, again earnings/revenue & supply absolutely soaring 40-60% over the last 12 months even in recession, $90 mil cash in bank, nothing bad you can find about that company, currently building a gas pipeline directly to beijing, scheduled for competion about 2011 i believe. Wait for a sub 6p retrace there.
CBI have a 3rd production facility in the offing which will almost treble capacity, rising oil prices make their biodiesel product more attractive, government backing. Still very cheap, potential high future divi yields on that one.
NBPC looks cheap, but sp based solely on assets held and very hard to quantify real valuations. Worth a small punt.
UCP looks a great buy, indian real estate development, cash per share alone 16p, est. NAV between 116-140, trading at 16p.
SOV i loved but that ship has sailed, worth keeping on watchlist for any retrace.
CFC is a growing chinease food/animal feed producer, has retraced recently after a profit estimate downgrade but good buy sub 30p.
I like the look of what IIP are investing in, Indian infastructure development projects (energy/transportation) but a new company with no real earning history so bit of a gamble.