China Gengsheng Minerals (CHGS)

The GeoTeam™ is removing CHGS from the  GeoBargain list as it no longer meets the 30% minimum EPS growth rate requirement.  Analyst estimates show an EPS growth rate of 16.7% for 2009. The GeoTeam will continue to track CHGS for indications that the earnings picture will improve. It is important to note that CHGS P/E is still significantly less than the estimated growth rate for 2009. This may appeal to some investors.

The GeoTeam™ is attempting to verify data as it relates to insider ownership and institutional ownership.