Yongye Intl Inc (NASDAQ:YONG)

	Recent 52-week high
	30% Earnings Per Share (EPS) growth rate
	10% revenue growth year over year
	Strong balance sheet
	15% minimum return on equity (ROE)
	8% minimum pre-tax margins
	Under 50 million shares outstanding
	High insider ownership
	Limited institutional ownership
	P/E at least 1/2 of EPS growth rate

On 12/08/2009, the GeoTeam coded Yongye Intl Inc (NASDAQ:YONG) as a GeoBargain based news to increase capacity.  This morning, the company announced a $60 million stock offering to acquire to acquire lignite coal resources and construct a new manufacturing facility nearby to further increase capacity.  Until we receive more details on how this move will affect 2010 earnings per share estimates which currently stand at $1.34 (Source:Reuters) , we are not 100% confident in our GeoBargain Code, but we will keep it coded as such due to its low P/E.  Be mindful that this status could change as more information on this situation becomes available.
Thursday, December 17, 2009