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Yes, their new plant already start operating early this month. Meaning as long as they push their sales hard, the growth will come promptly. If the domestic market is saturated, they can increase their export since they are doing export too.
Latest Q eps 0.0241 cent. they hv additional 2 new customers. Provided their earning sustain through the year, then eps 0.0241 × 4 will be 0.0964 in a year. 0.0964 multiply PE 20, target price will be 1.92. This is conservative calculation. The price may higher if their earning grow further and sector PE maintain at 24.
