Highpower Intl (NASDAQ:HPJ)

	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

Hong Kong Highpower Tech (NYSE AMEX:HPJ), GeoSpecial

As suggested in our “Hidden Clues Yield Opportunities” article on November 2, 2009, HPJ came through and crushed third quarter analyst EPS estimates.

Article excerpt:

Although one of our prime concerns is the estimated decline in revenues, a clue pointing towards opportunity lies in Highpower's September 21, 2009 press release. The Company mentioned that revenues for the first two months of its 2009 third quarter were up 8% to $13.3 million. The GeoTeam® is speculating that HPJ will exceed estimates due to this information.

The following table illustrates these thoughts:

We are recoding HPJ to a GeoBargain from a GeoSpecial. Please note that we would prefer a higher current ratio, which currently stands at around 1.2 to 1.

See HPJ news release