Monday, July 20, 2009
China Digital Communications Group (CMTP)
This is an example for growth at a ridiculous price. This company has a P/E of 2.6, a P/CF of 2.36, no long term debt. Based on earnings for the trailing twelve months, the PEG is 0.017! Where else are you going to find growth that cheap? Let me throw a couple of caveats out. This is Bulletin Boad stock. It has a market cap of only 13 million. The average volume is only 35,000 shares per day.
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