BUY China Architectural Engineering, Inc. (CAEI) - last $1.46; Best Idea – SPM+Game Theory 70 LONG — Projected target price $2.05 – earnings play. 2009-Nov-13 12:10:07: CAEI through its subsidiaries, engages in the design, engineering, fabrication, and installation of curtain wall systems, roofing systems, steel construction systems, eco-energy saving building conservation systems, and related products for public works and commercial real estate projects. It offers support systems, such as glass fin support systems, metal structure support systems, and spidery tension rod/cable support systems; and glass panels, including insulating glass, laminated glass, energy coated glass, and spandrel glass products. The company?s exterior cladding system products are specialty wall systems consisting primarily of a series of glass panels set in metal frames, stone panels, or metal panels, as well as roofing systems and related products. It has operations in China, Australia, southeast Asia, the Middle East, and the United States. The company was incorporated in 1992 and is based in Zhuhai, the People?s Republic of China. China Architectural Engineering, Inc. is a subsidiary of KGE Group, Limited. …  As of June 30, CAE also had a total backlog of $550 million. Of that sum, $500 million represents the Nine Dragons Resort project. Looking ahead, CAE says its encouraged by opportunities in its domestic market as a result of the positive impact the Chinese government’s stimulus plans and new loans.”Economists believe the recovery is happening even faster than the market had expected, and unsurprisingly, we have already begun to see a rise in bidding activities in our government and commercial sectors,” said Yi Luo, Chairman and CEO of China Architectural Engineering. “We focused on controlling costs and took greater measures to optimize risks associated with overseas opportunities, as we prepare ourselves for an eventual return to growth in the global economy.” … - SPM+Game Theory 70 LONG — Projected target price $2.05