Personally I think we have seen the bottom in the US-listed China (RTO) Stock Space. So pay close attention to a rebound in a lot of China stocks that are trading below cash or have a P/E below 5.
We will see normalized stock prices again, it's just a matter of time!
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There are many Chinese stocks with P/E below 5.
ReplyDeleteLet's make a start with P/E below 2.5 and P/BV below 1. Also, 10-K signed by ranked auditors.
LPH has the fundamentals but not the auditors.
SIHI has a P/E of 2 but there are concerns about its growth.
CADC also at the same evaluation but with Friedman as auditors. This is a considerable disadvantage in my opinion.
BSPM P/E is also around 2, P/BV at 0.60 and has reliable auditors (Mazars). There is no hit pieces against this co.
GURE P/E is just above 2 with top-10 auditors. There was 3 hit pieces against it the last months but the management reacted properly.
A few stocks also with Sherb&Co as auditors have similar fundamentals. CLNT with P/E at 2.5 for example. I don't trust Sherb&Co though.
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