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SmartHeat Inc. Message Board

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  • skiselev81 skiselev81 Nov 8, 2011 10:05 AM Flag

    Let's see some good numbers

    are you insane?? Or just joking around? This company is not even worth a dime, do you see the enormous losses they are producing this year?? With excuses about China's tightening policies roflmao!! a fraud at its best...

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    • A couple of points.
      First, losses are indeed, in the near term, getting worse..... but not out of control.
      Second, Revenues did increase.
      Third, the company is integrating two relatively new acquisitions which should provide growth in coming years
      Fourth, China was indeed exercising fiscal tightening which should be loosening this year.
      Fifth, the companies near term pessimistic guidance has been relatively accurate.
      Sixth, this stock has not, as yet turned out to be a strong producer, but certainly the facts to date do NOT indicate fraud.

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