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Rodobo Intl (OOTC:RDBO)
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Rodobo International is one of the leading independent dairy companies in China. Through its wholly-owned operating subsidiary, Rodobo International, Inc. is a producer and distributor of high-quality formula milk powder products for infants, children, pregnant women, nursing mothers, middle aged and the elderly in the People's Republic of China. The Company's products are sold under the brand name 'Rodobo', 'Peer' and 'Healif' and are produced in cutting edge facilities using the highest industry standards and the best quality control systems. In 2008 Rodobo International was honored 'Best Quality Control Enterprise for Dairy Products'.

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dutchtrader 29-Jun-2010 04:29 AM

Post Type: Public

They intend to use the proceeds for general corporate purposes. So it could be that t... (#3072) In Response to original message: #3057 posted by on 24-Jun-2010 10:12 AM

They intend to use the proceeds for general corporate purposes. So it could be that they are planning a new acquisition.

If it really contributes to higher revenues and EPS this stock deal is in my opinion justified. Some of those mutual funds have to have confidence in Rodobo otherwise they wouldn't do the deal.