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Franklin Growth ETF Portfolio A GRO


Primary Symbol: T.GRO



TSX:GRO - Post by User

Post by Artak1on Dec 25, 2009 4:23am
445 Views
Post# 16618823

Potentially interesting investment - CHGI

Potentially interesting investment - CHGI The Chinese government isbuilding over 40 nuclear reactors between now and 2015.  Each reactor needs 10,000 metric tones ofnuclear graphite at a cost of $17,000 a ton or average of $170 million sale perreactor.  This type of material has a 50%margin.  Do the math.  China Carbon has less than 15 million sharesissued and outstanding.  If they supplyonly one nuclear reactor per year they will net almost $85 million.  That translates into over $6.00 per share inearnings.  At a 5X PE you have a $30stock.
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