This is topic CYD: China diesel engine maker.. over $14 in cash on balance sheet. in forum Hot Stocks Free for All ! at Allstocks.com's Bulletin Board.
This one is very interesting. Revenues came in at $1.9 billion last year and stripping out gains they made $1.86 per share. I think they do north of $3 per share profit this year. They report on Thursday and the results should be impressive with revenue growth well above 30%. They ended last year with over half a BILLION in cash! The best part is unlike most China companies they actually pay a small dividend. I know its small (about a 1.5% yield at current rate) but its better then nothing. I think this head to $30 by year end and thats conservative IMO.
Posted by osubucks30 on :
They post results tomorrow. Should be very interesting to say the least.