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WH is a company located in China and manufactures and markets steel tubing used in the oil and natural gas exploration.
WH went public in December 2007 with 25 million shares issued at $8.50 raising $213 million. Wh went public in 2007 ,but they have been in business since 1999 and thus have a seasoned work force in place and this company will hit the ground running. WH had sales of over $366 million in 2006 and should show improvement in 2007. With the $213 million raised in their IPO in 2007 ,WH should have a great 2008.
If you look at WHs potential earnings for 2008,the company is a steal at @8.50 a share.
Don
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