The SUTR stockprice went to quickly up to 2.5 USD after the fantastic quarterly report. But the fallback to 1.5 USD makes it undervalued again. With this earning report , a stockprice around 2 USD should be a minimum.....and if the next quarter has the same great outlook with higher revenue and very good cost control...then we are up to 3 USD at least..
As soon as they announce the new production line is in service it should result immediately in a new 52 week high. Previous comments did refer to first half of the calendar year; just be patient for it and accumulate where possible.
Profitable company trading at 1/4 book value = strong buy
but be careful. This is a Chinese company and there is some management conflict of interest. Study the history of SUTR for the past five years to see what I mean. SUTR trades with another company that is owned by management and this is a concern. Also look at the steel industry in China. it is very competitive and margins are thin. I hope SUTR will go to 2 and more but I'm a realist.