Yosen Group, Inc. (NASDAQOTCBB:CHCG)

CAPS Rating: No stars

The Company is engaged in the business of mobile phone, facsimile machines, DVD players, stereo's, speakers, MP3 and MP4 players, iPod, electronic dictionaries, CD players, radios, Walkman, and audio systems distribution.

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Player Avatar Zhuren (93.89) Submitted: 7/21/2008 11:14:24 AM : Outperform Start Price: $2.11 CHCG Score: -155.50

Extremely cheap - I bought in even below this but with this kind of growth rate, this company should be selling at at least 10x earnings / cashflow (15x if it was listed on a real exchange) Right now it's 4.44 (I bought in at less than 2x earnings, crazily enough)The only downside is this: Is this company legitimate? Too many stories of Chinese companies lying about earnings and the like...But it's a risk that needs to be accepted. Because of this risk, it's not something to back the truck up over.

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Member Avatar goldminingXpert (29.55) Submitted: 12/30/2008 9:52:04 PM
Recs: 0

getting cheaper fast. Soon it will be free.

Member Avatar SuperCharge (88.80) Submitted: 7/8/2009 1:46:41 AM
Recs: 0

"The only downside is this: Is this company legitimate? Too many stories of Chinese companies lying about earnings and the like..."

Unfortunately, that seems to be holding this stock way too far back. CHCG is almost too good to be true on paper but I think it's for real. Like Americans, I get the feeling China really enjoys their gizmos. My new rule of thumb for something like this is don't over/under estimate it.

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