GENERAL STL Holdings (GSI)

** Courtesy of Kunal Desai

General Steel Holdings Inc., through its subsidiaries, operates a portfolio of steel companies serving various industries primarily in the People?s Republic of China. The company manufactures hot-rolled carbon and silicon steel sheets for use in the production of tractors, agricultural vehicles, shipping containers, and in other specialty markets; spiral-weld steel pipes, which primarily serves customers in the oil, gas, and petrochemical markets; and integrated steel, pig iron, crude steel, reinforced bars, and high-speed wire for the construction industry and infrastructure. It sells its products primarily to distributors. The company was founded in 1988 and is based in Beijing, the People?s Republic of China.

In have this in my real longterm account and expect it to double within 6 months. (In at $3.91)

the company is acquiring several goverment run steel companies. Applying new management technqiques in these companies should result in signficant margins with the increase in revenue expected from taking marjet share.

In for the long haul. Don't let this disappointing quarter and apparent short-term mismanagement cloud the fact that GSI will continue to flourish for many quarters ahead! As China continues to modernize, steel companies like GSI will continue to grow and shareholders will reap the rewards over the long-term.

steel buyers are "on strike" for the time being, couple that with the general global market PANIC and there is no reason this stock should be knocked down 60%. China may put off some development, but it will still happen - there are too many reasons (population migration, gov't infrastructure investment, private enterprise growth). At some point, prices will become too attractive to hold off any longer and the buyers will come back in force.

Government stimulus bubble will sure pop a Chinese steel company to the 20 bagger list

CRAZY EARNINGS GROWTH!!!

GENERAL STL Holdings (GSI) $13.96

China is the world’s largest producer and consumer of steel products. Roughly one-third of all steel products produced in the world are consumed in China. Industry experts expect demand to increase at an approximate 12.3% CAGR through 2010 when over 550 million tons annually will be consumed

General Steel Holdings, headquartered in Beijing, is poised to become one of the top private Chinese steel producers in the coming years. They have a huge market for potential growth, and this stock has more than doubled in the past 6 months. Management is particularly keen on privatizing formerly state owned steel companies that they deem profitable, and so far they've done a fantastic job of it. This has the usual volatility of most Chinese stocks, but with China's massive economic growth, comes a need for steel, and therefore in the long term this stock is going up.

http://www.gshi-steel.com/gshi2/NewsCenter.php?ID=2

Rapid growth via M&A.
High demand market......China and steel.

adding to my real money portfolio

China has a huge infrastructure upside and cars use steel as well.

STeel and CHINA perfect combination

GSI has a too low valuation compared to its sales potential. This solvent company has growing revenues and earnings at least until 2011.

This stock will grow rapidly as the westward expansion continues in China.

This stock has been beaten down. Fundamentals and growth for this stock are amazing. Looking for a stellar start to the new year and a stock placed well in to the 20s. Once more acquisitions occur and earnings are released this stock will creep up to where it should be.

Consider this:
1. The is reasonably priced
2. It is expected to post a 64% profit in 2008 and will be boosting its earnings.
3. It is a recent IPO

good entry point here. will heat up with the econony.

RCH post 3 cents earning with almost no growth in the past quarter while GSI had 6 cents with YoY bottom line growth of 20x. RCH closed at $21 today (Oct 4), GSI is only $15. This is way cheap and has more momentum to go in the coming days. This thing is few people pay attention to Chinese stocks, esp OTC. When it starts to get attention, its value will get up corrected in weeks, if not days.

Yes, this one will be volatile in the coming days, but I believe $25 is still fair with 100x PE. Large steel companies like Bao Steel grows by 100%, not to mention the small one like this. There's even possibility of acquisition as Bao Steel is trying to consolidate the industry in China.

Highly volitile stock in a growing industry group.

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