1- shares outstanding very tiny , only one million .
2- potential in telecom in china still huge so there is a room to grow here.
3- any bad news already priced in the stock is close to its 52 week low and way from its 52 week high.
4- the RMB , chinese currency appreciated in the last few weeks, an element that will make numbers look higher.
5- chinese stocks suffered in the last few months from correction and GRRF has to pay that price as well, now these stocks are moving into the up trend.
the stock can easily move into the range 9-11 dollars with any good news.