China North East Petroleum (NEP)
NEP is the first Chinese non-state-owned oil company trading on the NYSE Amex
Two important themes : China and Commodity.
PE : 2.45 (cheap valuation?)
Question : Why traded in such a cheap valuation?
Homework : Do the research, come out with reasons on WHY it is traded at such a low PE. Ask WHY. Check the validity of the data.
Conclusion : BUY or ignore?