Anyone following this particular minnow - China Wonder (LON:CWO) ? This Chinese manufacturer and distributor of specialist packaging machinery for the Chinese pharmaceutical market came across my radar very recently(courtesy in fact of a post from the diaries of Evil Knievil!) I see his recent Buy recommendation has done its trick, up 18.4% to 11.25
Recent results on the 17th May this year saw a decent rise in profits.
Financials as follows from 17th May
- Yr End Dec 2009 Year End Dec 2008
- REV £ 4.527m £2.611m
- PBT £636.5k £189.7k
- Basic EPS 2.76p 0.95p
- Cash at year end £740.3k (2008 £334.6k)
- Borrowings at year end £695.3k (2008 £150.3k)
http://moneyam.uk-wire.com/cgi-bin/articles/201005170700119564L.html
Given the interest surrounding various other Chinese companies, such as China Shoto (LON:CHNS), Geong International (LON:GNG) , and the remarkable rise of West China Cement Ltd (LON:WCC) over the last year or so, was wondering if anyone was following this chestnut? If not, any other Chinese companies catching peoples eyes at the moment?
Domo
