Chaoda Modern Agriculture (Holdings) Limited (Hong Kong stock code 0682) announces that a meeting of the Board will be held on Monday, 28 February 2011 for the purpose of, inter alia, approving the announcement of the interim results of the Company and its subsidiaries for the six months ended 31 December 2010.
Peng Qiming of One China Securities says Chaoda Modern Agriculture (Hong Kong stock code 0682) is specialized in large-scale cultivation and sale of agricultural products and breeding livestock. The company has a good brand value and it has 34 production bases in 15 provinces or cities with more than 150 products. Peng suggests to buy at HK$5, with a target price of HK$7 and cut loss at HK$4.50
I do not understand the lack of interest in this company. Could it be that we cannot trust the growth in the current report. The growth of China's disposable income first shows up in the the money that is spent on quality food. I would think that investing in that fundamental growth is the least riskiest way of investing in this potential. As I first stated I am baffled by the lack of investor interest. What am I missing??