Well it's been a long time since my last post, but I am still looking in the same place for stocks to buy, China. Here's is a list of what I am currently researching:
Guangshen Railway Co. symbol GSH
Income and balance sheet look good and if Buffett thinks rails will do well in the US I can only imagine how well the rails in China will do! Chinese imports are skyrocketing as they start to use the trade surplus they have accumulated to help increase the incomes of it's people. All these imports will need the infrastructure of the rails to move these from the ports to the people and GSH will be a major beneficiary. How about an almost 3% yield to collect while you watch this rail roll?
American DairyInc. symbol ADY
This stock quadrupled for me, I took profits, no longer have a position, and now that it has retreated by about 45% I am gaining interest in building a position again. ADY is the premier Milk product company, especially for infants, in China and was not in any way involved with the tainted milk scare that happened in 2008. Looking to start a position around the $20 level.
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