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Yanzhou Coal Mining Co. Ltd. Message Board

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  • brunocag brunocag Dec 6, 2008 2:28 PM Flag

    Trading suspended in Hong Kong Dec 5

    I believe it would be a positive to the PPS. Right now YZC cash has only face value. Buy a competitor and you get all their proven reserves, technology, earnings, etc. Unless YZC take on a ton of debt, the PPS should go up in both the short term and long term, especially in this kind of market.

    I guess we can rule out a share repurchase plan if this goes through.

4.98+0.04(+0.81%)Aug 28 4:02 PMEDT