I have to admit that I am really temped to add GRG in my aussie...

I have to admit that I am really temped to add GRG in my aussie portfolio.

Not sure if you've done much research in GRG's parent company. They are the leading ATM manufacturer in China, and literally the monopoly in the high speed rail ticketing machines. I've owned their shares for about 7 months, and have a 60% gain on paper. About to cash out, although the fundamentals are great, a share with more than 40 times PE is a little over my appetite.

I do believe that GRG International has every chance to be a star performer, given the track record of its parent company. Hope we will have some clue from the reports soon.

Good luck to all.

Snowfree