Thursday, December 30, 2004

12/30/2004 - Guangshen Railway Co Ltd (GSH)

I like this company. I bought some today with my "long-term" money. There are a couple things at play here that I like. First, you get exposure to China. Have you seen this company's financials? They look pretty good from where I am standing. No debt, a profit margin of 23%, a dividend of about 3%. That is not too shabby. Also, this is a growth play. The company is investing in its railroad and stations. The population in China is becoming more wealthy with a need to travel and transport cargo. The technicals look "over-bought", but this company keeps making new highs. I like the odds on this one...

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