Sunday, July 22, 2007

YongXin IPO

Producer of high precision steel strips for high energy batteries and optic fibre communication cables. Some of the strenghts of this company include strong R & D capablities , ISO9001:2000 accreditation for quality management system since August 2003, barrier of entry is high with a patented product in hand.

In view of the growing demand for high-precision steel strips industry and the cheap price of the stock i would reccomend a buy.

Chances of getting the share : Low