Remember the high flying IPO days of a couple years ago when a fast growing, Chinese company would begin trading on US exchanges about every week?  Those days are likely over for the most part, but Chinese company NIVS Intellimedia (NIV) is a reminder of the glory days.  This is a company that began trading just about 2 weeks ago on March 12 and could be another high flyer.  NIVS Intellimedia (NIV) is a manufacturer of DVD players, set top boxes and other audio/video equipment and is experiencing rapid growth.  EPS numbers for the past few years – .01 (2003), .03 (2004), .05 (2005), .13 (2006), .21 (2007).  No word yet on how they did in the 4th quarter of 2008, but they had already produced an EPS of .27 through 3 quarters so most likely would be close to doubling profits in 2008 over 2007.  I’ll certainly be keeping an eye on what is currently the most promising IPO of 2009.

Here are further details on NIV from Seeking Alpha:
http://seekingalpha.com/article/127136-nivs-intellimedia-group-recent-ipo-solid-revenue-growth