L & L International Holdings, Inc. (NASDAQ:LLEN)

RedChipCompanies (< 20) Submitted: 5/25/2011 9:26:35 AM : Start Price: $6.27 LLEN Score: -12.42

China is the World's Largest Consumer of Coal. L & L Energy is an integrated coal producer with operations in southern China. The key is the company has a U.S. management team. Nine month fiscal 2011 revenues are up 138% year-over-year, and net income increased 61% over 9MFY10. The Company is executing an aggressive growth strategy, as demonstrated by its recent acquisitions and exclusive marketing agreement with Bowie Mine in the U.S. The opening of a new coal washing facility and plans to increase capacity at existing facilities are further evidence of L&L’s ability to grow both organically and through acquisitions. RedChip Research has put a $17.00 price target on LLEN.