+ Watch CREG
on My Watchlist
China will always need energy.
PE of 18 with earnings growth of: 205% and revenue growth of: 3,348%. 45% owned by insiders and just appeared on the Magic Formula screen. The Chinese government is finally interested in cleaning up the environment and CREG is poised to profit.
Intensity: Give 100%. 110% is impossible. Only idiots recommend that.
BOTH EARNINGS AND REVENUE GROWING FAST.
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 Recycling Energy Corp. went public via a reverse merger in 2004. The company is based in China.
Long term opportunity is excellent. Reliable earnings once get to scale. Opportunity for a 10 bagger.
china play (following translator)
Company just reported preliminary full year 2009 results:Revenue up 130%Full year EPS estimated at $0.22-$0.23 per share up from a loss of $0.07 per share in 2008. They are “a fast-growing industrial waste-to-energy solutions provider in China.” They make money by a method they call BOT (build, operate, transfer). They Build a power plant and make money, Operate the power plant for up to 20 years and make money, after the 5-20 year contract ends they sell the power plant (Transfer) and make more money! Recycled energy is currently estimated to be only 1% of total energy consumption in China, and the government is greatly encouraging its use. I think there is huge room for growth here. I also own this in my personal portfolio, and it’s one of my largest holdings. I’m holding onto this stock long term.
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=6550390there is apparently a lot of growth here
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