The last few trading days have been very interesting. A few very speculative names have been getting a lot of attention. Though the Street.com called it “a fight to junk” (see here), some of these names may not be junk.
Below is a list of some Chinese stocks that are attracting attention. Statistics are from Yahoo Finance.
P/B = price/book | G% = YOY revenue quarterly growth |
tPE = trailing PE ratio | PEG = price/earnings/growth |
fPE = forward PE ratio | R/S = revenue/share |
P/S = price/sales | % = % short |
| Price | G% | tPE | fPE | P/S | P/B | PEG | R/S | % |
CDII | $1.84 | 64.00 | -- | -- | 0.66 | 1.15 | -- | $3.19 | 0.7 |
CHGS | $4.18 | 12.20 | 31.19 | 16.08 | 1.73 | 1.94 | 0.35 | $2.43 | .04 |
CHNR | $17.87 | -- | 46.81 | -- | 25.1 | 7.12 | -- | $0.77 | 1.4 |
CPSL | $1.96 | 98.90 | 14.00 | -- | 0.72 | 0.71 | -- | $2.73 | 5.7 |
CNAM | $4.29 | -30.60 | 21.13 | -- | 0.86 | 1.49 | -- | $6.08 | 11 |
SHZ | $8.00 | 111.0 | 27.59 | -- | 28.5 | 9.32 | -- | $0.27 | 3.9 |
$2.85 | -- | 63.33 | -- | 1.38 | 0.52 | $2.88 | 5.2 |
Four of these names, China Direct Industries (CDII), China Armco Metals (CNAM), China Precision Steel (CPSL), and Qiao Xing Universal Resources (XING), have R/S greater than their price, possibly signaling that they are undervalued. But one, China Precision Steel (CPSL), seems to stand out from the rest. China Natural Resources (CHNR) seems a little overbought.
Disclosure: Author long CNAM
Nice to see that information because it's according to the country like China so it's useful for geographical student too.
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