In one of my previous posts I analysed Sino Grandness and said it presented an attractive risk reward opportunity. I fear I misunderestimated the risk and wanted to share what I have been reading since posting the article.
Sino Grandness grew profits by 100% last year, a long running trend, yet trades at a P/E ratio of just 6.7. There is of course a catch, but in my opinion the upside here far outweighs the downside. This is a chance to buy a wonderful company at a bargain price.