in EVK $1.85 - Unkown China Retailer 2m Float

Based in Nanjing, China, Ever-Glory International Group, Inc. is a leading apparel supply chain manager and retailer in China. Ever-Glory is the first Chinese apparel company listed on the American Stock Exchange (now called NYSE Amex), and has a focus on middle-to-high grade casual wear, outerwear, and sportswear brands. The Company maintains global strategic partnerships in Europe, the United States, Japan and China, conducting business with several well-known brands and retail chain stores. In addition, Ever-Glory operates its own domestic chain of retail stores known as "LA GO GO."

Per Bloomberg the float is 2m. Bloomberg

EPS was $0.12 per share for the most recent quarter. The Company forecast up to $6.5m Net Income for this year. Bloomberg has o/s shares at 13.5m so that would amount to approximately $0.44 EPS.Read Press Release
If they can deliver that EPS, a 10 P/E would be over $4.

Given the strength of the Chinese small caps lately and the fact that this is the first Chinese apparel Company listed on the NYSE Amex, EVK looked attractive to me under $2.