The Speculator column, in The Bulletin magazine published today, gives a particularly strong write-up on ORH (Orient Resource Holdings).
The company is an unheard-of corrosion-prevention specialist which has made an entry into the China market – tying up several multi-million dollar contracts there to protect industrial plants, ports, etc from corrosion.
ORH is thus beautifully leveraged to the commodities-fulled Chinese economic expansion IMO.
It will turn its first profit this financial year, but one expects that will be the start of a very long story.
Interestingly, institutions such as Credit Suisse (14%) and ABN Amro (5%) have now loaded up on the shares of this cheapie.
Going by yesterday’s action, where the price spiked to .165 before closing at .15, general investors are now climbing aboard fast – tho the beauty of ORH is that it’s still low-priced.