If Sino Forest is real & Muddy Waters is wrong how come savvy China based natives not coming out in Sino Forest defense and massively buying? Why is there no vocal support?
Last time I checked many Chinese have become incredibly wealthy over the last decade (not to mentioned Shanghai is legendary as a mecca for savvy business people). They've had nearly a month to investigate Muddy Waters' claim.
Their silence and lack of investment says it all.
Am I missing something? Thoughts?
Very valid point. Also CEO still saying he cannot reveal the intermediaries who bought his trees for fear of losing competitive advantage. And this, after the company has been decimated. Whoa. Something stinks in them forests. I am waiting for it to go up some more and I will short it.
yo, I got 30000000 hectares of trees! You wanna invest in my company?
look how many I got!
my company have many happy customers!
Greenheart Reports 11 Times Increase in First Quarter Revenue and
Greenheart reports record revenue and gross profit in first quarter of 2011 of
HK$40.23 million and HK$19.65 million respectively
Reports net loss of HK$19.88 million as Greenheart continues to invest in infrastructure,
human capital and implementation of its international growth plan
(23 May 2011, Hong Kong) - Mr. Judson Martin, Chief Executive Officer of Greenheart Group
and Vice-Chairman of Sino-Forest Corporation, Greenheart’s controlling shareholder, said, “I
am pleased to report a substantial increase in our first quarter revenue and gross profit
which is a reflection of the changes that we have implemented since Sino-Forest took control
of the company in August 2010. Our first quarter reflects the beginning of the results of our
new growth strategy that was implemented at that time. In the first three months of 2011,
we completed the acquisition of a 13,000 hectare radiata pine plantation in New Zealand as
well as certain harvesting rights to an additional 128,000 hectares of tropical hardwood
concession in Suriname, South America. We also appointed Andrew Fyfe as our COO and
his 30 years of international forestry experience and contacts have had an immediate and
positive impact on our operations.”
Mr. Martin continued, “We continue to report a net loss as we invest strategically in
infrastructure and hire key personnel and experienced professionals in both our forests and
head-office. Most importantly, as Sino-Forest’s international growth vehicle, we will
continue to be focused on seeking sustainable and profitable forestry assets around the
world in order to service
THEY ARE BUYING GREENHEART GROUP HK listing- Check the Facts ***** The assets, revenue and PPS all doubled last year. You do know its a SINO holding right. Why dont the people understand SINO holdings and assets. Why was this not discussed with Carson? Non-Current Assets
Cash & Cash Equivalents
Current Assets 643,058
Net Current Assets
Non Current Liabilities
Less: Non-controlling Iterest
Net Assets attributable to Equity Holders in Company
NAV per Share
Total Shares Outstanding 673 million
Greenheart Group Limited (SEHK Stock Code: 00094)
(((((ITS UP 15% today ))))))) thank you
Canada stock! Check GREENHEART stock . They are! Assets , revenue PPS all doubled last year. Good one! Now will you guys please explain why you dont understand (((all))) the assets. http://www.greenheartgroup.com/en_ir_fi01.html
Thoughts beyond you're an idiot? Where exactly is your list of shareholders to glean this false factoid? And beyond the fact it trades in Canada and the Chinese have complicated laws moving cash out of the country.... Try to buy any Red Chips lately so you can follow that "native Chinese" money around?
Any direct responses? Anyone?
I'm asking a question. I'm not claiming that I know the answer. The complicated laws..that seems reasonable except as I mentioned, there are some rich and smart investors in Shanghai/Beijing. And if not them, Hong Kong.