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Longwei Petroleum Investment Holding Limited Message Board

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  • hshinti hshinti May 15, 2012 11:13 AM Flag

    Can somebody post highlights from cc?

    1. Q4 revenues are going to be at an all time high because government increased fuel prices while world market prices were going down.

    2. Agency fees were smaller for FY Q3 due to the Chinese New Year. Not affecting future agency fee growth.

    3. Mentioned that the US bank was Wells Fargo.

    4. The Recon is very close to the SEC numbers; auditors to sign off soon.

    5. Chinese economy is getting stimulated by the GVT and the slowdown is reversing from last year.

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