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GRO is in a very similar business to
SEED. They are both China Agriculture companies that produce corn seeds and
SEED`s 1Q results today were absolutely breathtaking. If
SEED`s results today are any indication of what GRO`s 4Q 2008 and full-year results could be like next month... (use your imagination).
Remember, GRO is trading below their $2.78 cash position and $4.29 book value! Surely, I believe no profitable company in the hottest sector in the fastest growing economy should be trading below book value... but especially not below cash position!
I cannot express in words how huge GRO`s upside potential is and how excited I am about this company! Remember, I gave it a speculative rating of 1... my highest level of confidence! I only gave
SEED a speculative rating of 2, my second highest level of confidence... and look how well it did!
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