The Company develops and operates economy hotels across China. It offers a consistent product and quality services to primarily serve the fast growing population of value-conscious individual business and leisure travelers.
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Fast expanding hotel co. in China. Just coming off it's 52 week low. Earnings Growth projections for '09 over 70% and coming off a quarter of 500% growth. Could be bumpy ride but looks like should be profitable soon and getting a good share of large market. Capital intensive so may have additional offerings to grow. Will depend on how management runs this one IMO. I don't own it ... Yet
From what I've read they plan on being self financing by 2010. At todays low prices, I think there is large margin of safety. I've recently added to my real portfolio, in the range of 8.00 to 8.50.