well, two of my Chinese MFI stocks reported this evening after the bell. This will begin a flood as they all seem to report within two weeks of each other. Both appear to have good numbers:
CMFO: (China Marine Reports Record Second Quarter Revenues of $27.6 million and Adjusted EPS of $0.28). They are up 6% after the bell. Still very cheap, if you think of a $142m company with 40m of cash making 28 cents a share and trading at $5.30. Remember, their CEO put about $1m of his own $ into the stock back in July when it dropped to about $4.00.
CSKI: (CHINA SKY ONE MEDICAL, INC. Files SEC form 10-Q, Quarterly Report) - I glanced through the report, they made 73 cents a share, year over year quarterly revenues were up from 32m to 40m. Again, so-so cheap... 176m market cap with $64m of cash and 73 cents of quarterly earnings and a share price around $11. They are up about 9% after hours.
In non Chinsese news, KSW also reported solid earnings today, 11 cents (KSW Reports Second Quarter Results). They were up 3.8%. KSW has a meager 19m market cap, 15m of cash and made 11 cents per share, trading a bit north of $3.
Hopefully this is a harbinger of my other companies (UTA, NEWN, CEU and CCME). Tempts me to buy CHOP.