CHINA FIBRETECH . A multi-bagger you can't ignore

Q1 NET PROFIT GREW BY A WHOPPING > 120x
 
NET CASH AND LOW P/E .
SHARE PRICE IS RICHLY UNDERVALUED . CASH BACKING PER SHARE IS > 14c .
 
NTA of 21c . Don't miss .
 
 

Analysts often don’t get it right, and neither have NextInsight readers who tried their hand at forecasting the end-March 2011 prices of their favourite stocks in late December and early January this year. At that time, the stock market was red-hot bullish with the Santa Claus rally and Lunar New Year rally but then came the Black Swan – the Japanese triple disasters of a magnitude never imagined. Before that, global funds were withdrawing from emerging markets including Asia.
 
The prize for the three stock pickers is an i-Ball each, courtesy of Trek 2000.Ok, forget the gore. Let’s look at the top 3 stocks among those that 20 NextInsight readers had forecasted (URL links to their postings are given at the bottom of this story).
 
 * ‘Ultroman’ picked Foreland Fabrictech – this textile play, which is an S-chip, has triumphed amidst the bad-mouthing of S-chips currently. Foreland has moved up from 9.5 cents when it was picked by 'Ultroman' to 12 cents for a 26.3% gain. Congrats!
 
 * ‘MacGyver’, whose postings in our forum are favourite readings of readers, picked Techcomp Holdings, which manufactures and distributes scientific equipment. This has proven to be a rock-steady counter during the 1Q market turbulence, moving up from 40.5 cents to 47.5 cents for a 17.3% gain. We don't know much about MacGyver himself but in his various postings he has alluded to having made a tonne of money in stocks through the years.
 
 * ‘Morpheus’, another well-followed poster, picked Bright World Precision Machinery, which manufactures stamping machines for a wide range of industries such as auto and electronics. The counter rose from 49.5 cents to 57 cents for a 15.2% gain.

Don't you think if you pick this multi bagger China Fibretech now . You could jolly be the next champion investor to earn 100% return .

many investors are paying too much attention to Foreland Fibretech that they didn't see this multi bagger CHINA FIBREETECH
 
Let's do a recap of their Q1 result
 
Foreland - Profit RMB 28.3 million ; cash balance : RMB 137 million ; NAV : 21.3c ... Share price hovering from 12.5c to 17c recently .
 
China Fibretech - Profit RMB 14.8 million ; cash balance : abt RMB 400 million ; NAV : 20.5c .... Share price only 6c !!!
 
You can easily see which one is 100% undervalued .
 

 
Yes, they are hell lot of different!!! their figure..........but
But unfortunaely, they got one thing in common.
They are in China, the land of the Great Wall.
What if both have story as long as the wall itsel to tell us later???
Even the chinese themselves dont know the actual length of the wall.
so how can we know the figure is true???
But between the 2, i think foreland is a better choice.
there is risk here,
 

Well, investing in the market has its own risks, but nothing ventured, nothing gained. I've vested in china Sports for some time now and just waiting for 2012++, when their factory is in operation and their profit margins to improve... thereby stimulating their share price. Good analysis of China Fibretech - will consider vesting a bit.