Local Stock Focus "Asiapharm"

I have taken interest in a particular local stock, "Asiapharm". Its core business lies in manufacturing of pharmaceutical products with its factories in China. I believe the sector is still in its booming stage and given the huge potential of the China market, the company should be able to expect higher earnings in the future. It range of products targets specific treatment uses and thus monopolises areas in the sector. With good fundamentals and potential gowth....a good buy perhaps? (Mid-day price on 26Dec06 - S$0.665)