CHID - China Digital Comm

[boddi]

I don't usually post my stiock picks, but consider CHID. I will comment more later on.

[Lux]

China Digital Communication Group Reports First Quarter Revenue Up 9.5%
Monday May 15, 8:40 am ET



LOS ANGELES and SHENZHEN, China, May 15 /PRNewswire-FirstCall/ -- China Digital Communication Group (OTC Bulletin Board: CHID (http://finance.yahoo.com/q?s=chid.ob&d=t) - News (http://finance.yahoo.com/q/h?s=chid.ob)), one of the largest and fastest growing battery components manufacturers in China, today reported revenue for the first quarter of 2006 increased 9.5% to $3,183,547, compared to $2,907,512 in the first quarter of 2005. Net income was $736,783, or $0.01 per fully diluted share, compared to $725,799, or $0.01 per fully diluted share in the first quarter a year ago.

http://biz.yahoo.com/prnews/060515/nem020.html?.v=54

:huge:

[boddi]

China Digital Communication Group Reports First Quarter Revenue Up 9.5%
Monday May 15, 8:40 am ET



LOS ANGELES and SHENZHEN, China, May 15 /PRNewswire-FirstCall/ -- China Digital Communication Group (OTC Bulletin Board: CHID (http://finance.yahoo.com/q?s=chid.ob&d=t) - News (http://finance.yahoo.com/q/h?s=chid.ob)), one of the largest and fastest growing battery components manufacturers in China, today reported revenue for the first quarter of 2006 increased 9.5% to $3,183,547, compared to $2,907,512 in the first quarter of 2005. Net income was $736,783, or $0.01 per fully diluted share, compared to $725,799, or $0.01 per fully diluted share in the first quarter a year ago.

http://biz.yahoo.com/prnews/060515/nem020.html?.v=54

:huge:

They also expect to complete two aquisitions this summer and end the year with 30 million in revenue, 10 million net or .13 per share. If it trades at a reasonable 10 to 20 times earnings by the end of the year, that's 1.30 to 2.60 per share. B