This looks like a great growth stock. The company seems positioned in the right industry, in the right place at the right time. Nothing but blue skies ahead.....
China Digital (OTCBB: CHID)
I hope all of you are continuing to build your portfolio with our high growth opportunity featured stocks.
Our March featured stock looks like another winner and a great addition to your portfolios.
The March featured stock can be located online for member review at:
-------------------------------------------------------------------------------- China Digital (OTCBB: CHID)
Powering China’s $2.1 Billion Battery Market
-- China Digital is one of the fastest growing providers of power-supply components for China’s large and fast growing markets in mobile phones and other products.
-- CHID is new to the U.S. stock market but well-established in China, with double-digit sales and earnings growth and a solid customer base in China’s Shenzhen manufacturing center.
-- CHID’s new line of aluminum battery shells offer improved safety, capacity and electric conductivity than older steel models. Three months after the models were introduced, orders are soaring.
--CHID’s business has been profitable from its inception in 2002. Sales are expected to rise at least 20% in 2005.
-- CHID has a strong balance sheet with $400,000 in cash and zero long term debt.
Why Buy Now
China Digital Communication Group (CHID) is a Shenzhen, China-based manufacturer of battery shells and related technology for use in electronic products, primarily mobile phones. The battery shells, both steel and aluminum, are made by CHID’s main operating unit, Shenzhen E’Jenie Technology Development Co., Ltd., which was founded in May 2002 and has quickly become a major supplier to battery makers in the Shenzhen region, China’s manufacturing core. CHID acquired E’Jenie in November 2004. So now, for the first time, U.S. investors can gain a stake directly in a crucial part of the fast-growing market for electronic components in and outside China.
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