"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,  ??????