Sinostar Pec: Solid Q1 earnings. Solid EPS growth. It will be a multibagger if the growth can be sustained. With the new plant for producing PP in operation at the right time and with PP in great demand, it seems that this solid growth is sustainable.
Only concern is that the boss Li Xiangping has to give solid dividend in second quarter to make value investors more willing to invest their money in the company for the long haul and he has to resume his buying spree like what he did in 2019.My average price is $0.218. Target price is $1.25 within a year.
Superphang
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