pls stop posting absurdities. You are cheering up results of 2011 quarters, while we are in 2013. And we know from GSI, that in 2012 they did hardly 0,7B per quarter, what equalls to max revenues 2,8B -that is quite less than 3,24B as stated in your copy...Stocks rise and fall because of future, not becuase of lately issued stories about the past.
GSI will possibly do good, but this board should be preferably informative and not full of misleading pumping stories. They do not make money and their financials are not audited. That is only important truth here. That is why is this stock trading for pennies.
here is the truth pal....GSi is a favored son of the Chinese Gov. They ar building a NYSE conglomerate here... ti may take a few years, but its gonna be big. Chinese co.s dont make a ton of profits anyway its CHINA
You are probably right about a declining revenue in the first quartert of 2012 but also also these results are in the past ......if the results from GSI during the last quarter 2012 are in line with other chinese steel companies like SUTR , we could see nice things in 2013. It seems that chinese steelmakers are taking a bigger part in the international steel production and the domestic steel demand is still strong.. After years of falling stock prices for steelmakers , 2013 could be the recovery year. They just have to get their financial books in order asap....
re previous year, don't like Inventory to Sales for GSI increased 24.10%; Accounts Receivable to Sales increased 17.76%, but maybe the investor can still consider the stock if Revenue Growth (yoy): 116.90% criteria appear very attractive.