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Hi Josun,Perhaps it is guts , but I prefer to think it is a...

  1. full-tilt
    947 Posts.
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    05/09/12
    16:05
    Post #: 10674733
    Hi Josun,

    Perhaps it is guts , but I prefer to think it is a value judgement. I only need a modicum of faith in the strategy and management to buy at a forward pe of 2.0 (2014). Of course it is also a bet that China continues to grow at 7-8%

    regards
    FT
    ARI Price at posting: 59.0¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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