China Precision Steel Inc (NASDAQ:CPSL)

Fits my profile for a disruptive company: low margin products, giving access to products to a market who normally can't get it, a technology/process advantage that allows them to outcompete on cost.

This is a tracking portfolio of all CAPS-ratable tickers in the Chinese RTO/SPAC space (i.e., companies that listed without filing an IPO).

China Precision Steel, Inc. went public via a reverse merger in 2006. The company is based in Hong Kong.

positioned well in an expanding economy

chk999

Bullishbabo

Mmmm... hot-rolled steel strips

Fairly obvious Chinese infastructure small-cap play, as long as you believe in China as the next powerhouse growth economy of this decade, and as long as you can stomach the perceived risks of fraud and/or cooked books. I definitely can, but I'm spreading my bucks around on a pretty sizeable group of companies in an attempt to mitigate the risks. All in all, I'm feeling quite a bit more confident in my China plays, and more and more convinced that now is the time to start adding to my positions in anticipation of a strong renewed interest from U.S. investors in the next year.

My China bets have been fairly poor recently, although this one has not been too bad. The company's finances have improved this year and it appears that China will continue to grow at a rate that is sustainable for several years. I anticipate that this stock will gradually beat the index but not in a spectacular way. It may take until 2011 for CPSL to pull ahead of the S&P 500, mostly because I suspect that next year's earnings for the index will disappoint and lead to a US market correction.

Almost as cheap as SUTR ( Sutor Technology group) :)

Short term will not see much upside, but as economy improves over the next couple yrs. we'll see upside to $5 or more.

This small steel producer will benefit hugely from growing Chinese middle class. Their cold rolled steel products are mainly used in auto and small appliances industries. This is a cycle that should continue for years.

the product it provides steel for are the things that the chinese people are buying more and more of. It provides thin gage steel for appliances for one important thing

A stock that will do good in a growing China economy in 3-5 years.

Don't let the P/E scare you. China Precision Steel has got a clear road ahead to $3.00 in the next six months. (Any China pull back will be beyond this time horizon). Debt/Equity well below 1. An outstanding growth story; note that only one analyst covers this bad boy, and he undershot the company by, well, 500% last quarter. Positive and increasing sales growth figures. It's clarity that's holding this puppy down, but as the quarters roll on, and the cash roles in, the potential for multi-baggin' will show itself.

^Subida

Chinese, which is new 21st century word for "continued growth", unlike the mouth-breathers of the Inner Beltway of Dee Cee who continue to make the wrong decisions. Until Congress "gets it" with real change to bring back jobs (NOT just those service ones either!!) I will have to bet more $$ overseas.

P.S., I love the 11% that APWR gave me today. I'm actually long as I got 'em two weeks ago whilst on sale. Double bagger likely on that one in a year if they get their deliveries on schedule - I agree with a fellow gold bug in that regard.

Oversold. Ready for a Bounce back. Earnings will be super duper...

I had this as a limit order to start the pick when CPSL drops to $2.05. It has not happen, but the pick is now active. Never mind.

earnings

underpriced stock in a growing economy