Jiaoda +14.7%;9 Mos Net Profit Tipped +395% On Yr

Jiaoda Kunji High-Tech (0300.HK) +14.7% at HK$21.20, off new all-time high of HK$21.30 (likely to be revisited later),
after company tips its 9 months to September net profit to reach over CNY170 million,

or 395% growth on-year,

given strong market demand for machine tools, with products and seals of machine tool products continuing increase. In 9M07, EPS tipped at over 60 fen vs 12 fen 9M06; details due Oct. 24.

Despite stock +289% year-to-yesterday, more upside likely, riding on its strong earnings growth.

Volume balloons to HK$66.9 million, vs yesterday's HK$30.74m (full-day)