Dutch,
XNY is on our "wish" list that includes over 150 companies to perform OTGDD with a positive bias. Let's hope this task does not turn into a half glass empty story.
If the DD is positive we believe that the story becomes more of a value play as opposed to a growth one until 2013 when EPS growth is slated to pick up.
Maj
Maj, what do you think of China Xiniya Fashion (NYSE:XNY)?
Paul,,, Yes. The exaggerations finally caught up with them. STVF is now being pumped hard.
Much has happened since this announcement. This stock trades on on the Grey Market where it is impossible to either sell or buy this stock!!!
Dutch, From a very preliminary look at this name a while ago, we had some issues with the ownership structure.
Geo,
What's your call on China Botanic Pharmaceuticals? (former Renhuang)
CAGR more than 20% for their net income, revenues and gross profit for the last 5 years.
Safe play or shady?
Best regards,
Johan
Dutch Trader
Ali.. Where do you think the stock is going?
Algo.. Thanks for the link. Might be worth a visit. Although, we did visit operations several months ago and the initial feedback was not good.
Jons.. Yes , I do recall that the sub issue was rebutted. But I believe that there was eventually some Chinese press that validated Muddy's sub claims.
I think they have 64 Mil float. So, if they wait a little bit they can buy back all their float for less than $50 mil. But, why would they?
Company has explicitly stated that the form of capital raised would be bank financing, which they have a commitment from ICBC.
Real research and pictures by ABAT investors of new factory opening 12.10.11
http://abatelectricscooter.weebly.com/
Wow. That wrong sub name thing is old and already rebutted over 1 and a half year ago by muddy. In a years time alot can change for ONP. With open mind you can see they have modernised the place.
Rumors have circulated about such allegations, but I don't think serious investigatory work has been done on this name yet.
Agreed. Ball is in their court. Still no answers, but I would expect it to take some time.
Very good questions. If you are a company which is legit and really wants to get up their valuation in the market this is a perfect setup for them to come clean and answer all this stuff. I wonder how many questions won't get answered.
TF
I thought they are suffering from accounting irregularities similar to the majority of their peers!! Did anyone check on what CNBC reporting on them yesterday?
she is a whore
!
Heck of a nice guy to do that!!!
sounds good
ok