The cheapest Chinese stock is also PCAOB inspected! | China Stocks Message Board Posts


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Msg  1912 of 1913  at  5/27/2022 12:14:54 PM  by

jion


Strong Buy

The cheapest Chinese stock is also PCAOB inspected!

This stock is NISN, trades at a P/E below 1, Sales/Market Cap below 0.20, P/BV below 0.20, more cash in hand than liabilities, growth 2021 more than 150% AND most important, they have U.S. based auditors who are fully inspected by PCAOB.
I understand that such ridiculously low valuation will make everyone try to find a major red flag, but there isn't. Just a small overlooked Chinese stock which was traded much higher.
But if it was higher, why it dropped so much? This is explained also if you go to Stock twits and search for #NISN, (not the general board of $NISN).
The stock trades around $0.70 now. Let's see it in six months and a year again.
 


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