Fri, Jan 30, 2015, 6:53 PM EST - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Longwei Petroleum Investment Holding Limited Message Board

  • claefanortnorq claefanortnorq Dec 5, 2011 8:03 PM Flag

    SCOK dilutes, LPH values shareholders

    Seeing SCOK's $120,000,000 dilution today,

    makes me appreciate even more that LPH valued their shareholders by:

    1st. - promising not to dilute under $3.00 per share
    2nd. - actually rescinding the shelf registration
    3rd. - about to complete a huge acquisition with cash

    This one acheivement, as RR has been pointing out, will scream that LPH management 'gets it'. The next three weeks, if we get the 'one-two punch' of acquisition completion and a published tax recon, will no doubt go a long way in establishing LPH as a flagship in the US Chinese sector. Make us proud Mr. Cai.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • SCOK is so unworthy when you consider that in 10 months, LPH will have zero warrant overhang, $3.80/share estimated book value (probably much more when Haujie is included), a possible senior listing announced by 2013 (my speculation), a dividend in the last quarter of calendar year 2012, a fourth facility in the cross hairs (my speculation again), and no long term debt. That is my list of LPH goodies.

0.020.00(0.00%)Jan 29 3:34 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.