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.<\/p>\n
Here are further details on NIV from Seeking Alpha:
http:\/\/seekingalpha.com\/article\/127136-nivs-intellimedia-group-recent-ipo-solid-revenue-growth<\/p>\n","protected":false},"excerpt":{"rendered":"
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 … Continue reading China IPO NIVS IntelliMedia (NIV)<\/span>