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Author: blesto Big red star, 1000 posts Global Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 130  
Subject: Re: GSH - any thoughts? Date: 9/6/2012 9:20 PM
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Wow! GSH certainly does look cheap. Your right about that cloud hanging over. I think many investors don't know how reliable any of the numbers given out by Chinese companies may be.

You just have to be nitpicky when choosing Chinese equities. It comes down to a matter of trust, doesn't it?

One thing you can't fake are dividends, and GSH has paid an annual divi for the past 10 years. Next one should come out around July 2013. When they'll declare it I'm not sure without digging into SEC filings and press releases for past history.

Anyway, I'm gonna follow GSH with a CAPS outperform pick.

How I've lately been choosing outperform picks is shown in my pitch:

http://wiki.fool.com/The_Graham_Number 
Formula: Fair value=Sqrt(22.5*EPS*BV) I expanded it a little by also using EPS Normalized and Tangible BV
My current Graham Number Valuation Range for GSH: $33.19 to $35.95


Best,
blesto
Who also just recently bought the Chinese cast resin transformer manufacturer Jinpan International Limited (NASDAQ:JST)
and may buy some more.
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