World Precision Machinery

This one must pay respect to. Cheong 4 cents this mornign to hit 63.5 cents.

As I have said before, this one dont play play with it. When it comes back, it does so with a vengeance. Already up 3 cents to 58 cents within 20 mins of stock market opening today.

2Q2011 earnings rose 65.0% to a record RMB 54.9 million.

1H2011 earnings rose 66.0% to a record RMB100.6 million--magic figure!
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Revenue grew by 35.9% to RMB 365.7 million, boosted by increased volume from conventional, high performance and high tonnage stamping machines •

Gross profit margin improved from 23.5% in 2Q2010 to 27.8% in 2Q2011 on the back of higher average selling price and production
 

Seems strong -- anyone likes this or has a contrarian view on this?

Quite obviously a strong stock -- will it inject its parent's assets and transform World Precision into a bigger company and attract funds? Analysts have been hinting/speculating on this for months. .....

The strong performance today tells me I did right by not throwing in the towel on this stock. Up 2.5 cents to 53.5 cents..... volume was massive at 4,117,000 shares. Stay tuned for more good stuff even though DBS Vickers a few days ago cut its target price. Analyst --- aiyah... they...