VALUENGINE RECOMMENDATION
ValuEngine has issued a BUY recommendation for CHINA PRECISION STEEL
INC on Jan. 30, 2009. Based on the information we have gathered and our
resulting research, we feel that CHINA PRECISION STEEL INC has the
probability to OUTPERFORM average market performance for the next year.
The company exhibits ATTRACTIVE P/E ratio, market valuation and
market/book ratio.