picasso you should check out GPWSold two properties in the past month for about 10 cents per share. Low P/E, Here's the one for today you can look at the GPW board for older news.
https://online.wsj.com/article/PR-CO-20140331-906523.html
Grand Power Sells Macau Property
CALGARY, ALBERTA and HONG KONG, CHINA--(Marketwired - March 31, 2014) - Grand Power Logistics Group Inc. ("Grand Power" or the "Company") (TSX VENTURE:GPW) is pleased to announce that, in addition to its recent announcement on the sale of the Yangshan port project, it has recently sold a piece of property bought for warehousing in Macau, PRC. The property was purchased for a cost of HK$14.46 million (approx. US$1.8 million) and sold for HK$16.50 million (approx. US$2.12 million).
Ricky Chiu, President and CEO of Grand Power said "The Macau property did not fit into our expansion plans as originally intended and has gained significant value, so we decided to sell it, lock in the profits and further add to our healthy cash position." He added "We will continue to look for new opportunities to create value for our shareholders as we believe our share price is significantly undervalued, and will continue to strive to do what is best for the company and its investors."