#$%$ De #$%$ who is the CEO just claimed on his blog that the CNTF owns 22 office building in Shanghai, Beijing,shengyang etc.
But US investor does not trust him, it is time for him to prove the true assets of CNTF.
Beijing, SHanghai,HangZhou, Shengyang, all these city are very expensive.
China real estate market will fall sooner or later, he probably should sell some and use the money to buy back the shares
what he should do is changing cash in reporting to building. this is much better just showing the cash which can't be verified
Cash has been verified and CNTF is solid undervalued company. Company just keeps making money and continues to move away from commodity type work while at the same time showing good cash flow.
Sentiment: Strong Buy