China 3C Group (NASDAQOTCBB:CHCG.OB)

Like the look of this small cap

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.

This stock was picked by TMFTerpTorg in the 2008 TMF Stockpicking Contest.

China

China 3C Group (OTCBB: CHCG), a retailer and wholesale distributor of consumer and business products in China, today announced that the Company will report its fourth quarter and fiscal 2007 financial results before the market opens on Monday, March 17, 2008

News from 2/19/08...China 3C Group (OTC Bulletin Board: CHCG), a retailer and wholesale distributor of consumer and business products in China, today reaffirmed comfort with the Company's fiscal 2007 diluted earnings per share forecast of US$0.43 to $0.47.

Chairman and CEO Zhenggang Wang commented, "We are pleased to reiterate comfort with our diluted earnings per share guidance, which is a result of continued strength in both our retail and wholesale distribution businesses. We were also very satisfied with our operational execution and look forward to continued momentum in our business ahead."

The boom in China and the sell off from earlier investors make this stock look yummy. I'm looking for end of year target of $4.25 - $4.75 per share...52 week high was $8.50 in July/07

Also CEO Zhenggang Wang purchased 20,000 additional shares of China 3C Group on December 13, 2007 at a price of $3.60 per share...Imagine that...a CEO that purchases stock in his own company!!!

China Growth....PE Ratio of 6 with recent selloff..... a steal at $2.20

Fundamentals and retail potential are too good to pass up.

Early investors got out, now we get in.

China big maket

China is the new money maker look for ne trends

magic formula and china, and at a 52 week low.!

this stock will be in the 4´s garenteed within 6 months !! GREAT BUY VERY UNDERVALUED !!!

my recomondation = very strong buy in the 2´s..

economy is slowing down

Magic Formula!!!

doing bussiness in a new store without building the store is good bussiness and add that to the number of new stores opening you will gain a large market with little investment

Real world was in at 3.07. Looking to add more. I think with the recent deals they have signed with Lotour and Carrefour will pay off. Seemed beaten down unnecessarily was trading at 8+ earlier this year. Looking to hold this one for a few years to see how much they will grow.

- management guided up FY EPS to 0.43 to 0.47
- wealthier Chinese will buy more and more
- China Olympics
- extremely undervalued (well, a hidden gem) in terms of P/E

Nice in-store sell model which works well in China

great thinking maybe china group can re-group? to much talk in the U.S lets check in the mexico .

Magic Formula Pick...cheap valuation.