Yes - BNS seems to be the one Canadian bank that has been hugely successful on the intl front. Big bucks to the bottom line every quarter from most of the Cdn banks though!
Imagine in a couple years when LPH just keeps pushing it all to the bottom line...!
Taiyuan Long Wei Trading Co. is listed as company type: “Private”. So, I guess the LPH owner don’t need to take it to private anymore … oops just the shell is publicly traded.
It also says with a “registered capital of 300M yuan” which is equivalent to $48M. With a 100M shares outstanding that’s a whopping 48 cents / share. Wow, the PPS has already doubled to 96 cents. You lucky dog!
They are down almost 75% in a few months. do you seriously think this is manipulation? How often have you seen a stock get this deeply undervalued and no institution or big buyer swoop in and pick it back up? Furthermore how often have you seen a companies management watch their stock price do this and just sit their with their pants down pissing their names on the wall?
Obviously none of this matters. They need to prove without a doubt that they are not involved in unethical, otherwise known as "Standard Chinese", business practices. I picked up some shares last week, but it is confirmed that this stocl is in a perpetual selloff until they can get that 10-k/ auditor. If they are legit, it is very unfortunate that they have taken this long to do anything about it.