One is already out with stellar figures, the other one not yet but it is breaking out nevertheless. About time…
We’ve written much about Fuqi International (see here and here), but now the shares are breaking out. We don’t expect the party to get really going until they present quarterly figures and outlook at the end of the month (depending how these are, of course), but these shares are almost ridiculously cheap.
And what’s more, they’re starting to break out, see chart below [we have to move the chart down for it not to interfere with other stuff on the website]:
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Another one catching our attention is China Fire and Securities Group (CFSG). Solid gains today, stellar results and guidance recently.
Both companies represent excellent risk/reward ratios, China Fire is a little bit more expensive, but a little less risky having already reported earnings.