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Longwei Petroleum Investment Holding Limited Message Board

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  • rru2s rru2s Oct 24, 2011 4:06 PM Flag

    If and when the acquisition is announced .....

    Quotes from an experienced investor in LPH:

    "If and when the acquisition is announced and it's truly non-dilutive like they hint, it will soak in that not only will EPS almost double from .62 to $1.17, but the credibility achieved will do more for the stock price than the acquisition itself. Why ? When's the last time you saw a Chinese company (reverse merger) do a $106 million accretive acquisition without reaching into the pockets of shareholders ? $106 million isn't chump change and that fact alone will yell "legitimacy" from China to the USA."

    "The dividend will come next year after this 3rd facility stacks cash feet high in the company's coffers."

0.05+0.04(+517.28%)Oct 8 3:54 PMEDT