Peter Hodson
Fuqi International Inc.
FUQI-Q
PAST TOP PICK
Aug 06, 2009
(A Top Pick Aug 27/08. Up 165.53%.) 4th largest jewellery company in China. A classic example of a growth company that is finally getting noticed. Just reported and EPS is up 90%, sales up 100%, no debt, about $5 a share in cash and trades at a forward multiple of about 13X earnings if you exclude the cash.
4th largest jewellery company in China. Have more than $2 a share in cash. Will generate earnings of more than $1 a share this year. Growing between 30% and 40% on a 1-year forward basis.
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