I'm wondering if you know if the revenue/profit numbers are skewed towards 2nd half of the year for ENC? The Q1 numbers are great in terms of growth, but annualised it's horrible reading...so I can only assume the profit and revenue is skewed towards later in the year.
If they are truly increasing revenues and profits this strongly, then I tend to agree that this looks very cheap. Just wondering about historical quarterly figures so I can look further into the financials (never easy with Chinese IPO's on the ASX in my experience).
Thanks in advance.
ENC Price at posting:
35.0¢ Sentiment: None Disclosure: Not Held