China Natural Gas (Nasdaq: CHNG) is selling below $5,40. I took a real good look at Q2 results and don't agree with the market valuation. I do not see any fundamental reason for the sell-off. So I bought more of it. If it was a good by at higher price, it is more so at the current price. At least I think so.
It is not ofter that you can get a growth stock at P/E below 7 (my estimate for 2010 EPS is $0.80).
No comments:
Post a Comment