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  What do you think about CPC Cemspec international
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Gotcash  
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 More options Jun 24, 5:59 pm
From: Gotcash <lance...@gmail.com>
Date: Wed, 24 Jun 2009 14:59:30 -0700 (PDT)
Local: Wed, Jun 24 2009 5:59 pm
Subject: What do you think about CPC Cemspec international
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New ipo out today. priced at 9. now at 8.95

 "China is predicted to lead the world out of this recession. take the
45.9m of net income divided by the post-IPO ADS shares outstanding of
36m I get 1.28 trailing EPS. The company grew revenue by 23% in Q109

At $9 pricing that is about a 7 trailing P/E.

10 P/E range would not be unreasonable for this company. It could get
a higher one if they convince investors that net income growth will
continue. "

Please respond if you have a brain that works properly......... Im
confused and need some help.. I feel that stock is
undervalued,  ??????


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