China Kangtai Cactus Bio-Tech (CKGT.OB Quote) intends to launch patented cactus-based cigarettes in 2009 and is priced to shrink at $30 million. Good thing the company's been growing, and I expect this growth to continue.
After talking to the chief financial officer of Longwei Petroleum (LPIH.OB Quote) Tuesday and hearing word that China is hiking fuel prices, not to mention the capacity expansion it's bringing online, I find myself short on reasons not to own.
Jiangbo Pharmaceuticals (JGBO.OB Quote) reaffirmed guidance and shot up 5%. The great news is that it's still trading shamefully low, especially when you chalk up that most of its price is backed in cash and forward guidance includes strong growth. This is most definitely priced for bankruptcy and is nowhere near it as far as I can tell.
But there is more. Skystar Bio-Pharmaceutical (SKBI Quote), Puda Coal (PUDZ.OB Quote), Orient Paper (OPAI.OB Quote), China North East Petroleum (NEP Quote), American Lorain (ALRC.OB Quote), and China Information Security Tech (CPBY Quote) are all priced to shrink and are all set to grow as well. Just a few, there are a whole lot more.