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  • lawwman719 lawwman719 Oct 8, 2011 9:02 AM Flag

    More Bad Press

    Yesterday, Motley Fool had another negative report on Chinese stocks, and in particular, HOGS. After a visit to China, they liquidated there entire holdings in HOGS, but only because of lack of transparency with regard to their earnings and outlook. They dont actually downgrade the company; as a matter of fact, they state they were very impressed with their facilities and cleanliness!! Mixed feelings!!

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    • As I have said before these researchers are missing the problem.The fact that Chinese people do not eat or drink makes investing in food obviously a mistake. As it seems to me there is ZERO demand.

    • Fidelity news has a source which rates companies for Accounting & Governance weekly. Here's how they Zhongpin a few days ago:

      " ZHONGPIN INC. (HOGS) is currently rated as having Conservative
      Accounting & Governance Risk (AGR?), receiving an AGR score that places them in the 97th percentile among all companies in North America rated by GMI, indicating higher accounting and governance risk than 3% of the other companies. "

      Zhongpin is rated higher than 97% of all companies in NORTH AMERICA. Not 97% of all companies in China, but 97% of all companies in NORTH AMERICA !

      If Zhongpin is rated higher than 97% of all companies in Noth America for Accounting and Governance then HOGS must be nearly the most, or the most, transparent company in all China.

      This Motley Fool article looks like they're trying to replace Seeking Alpha as the shorts' vehicle of choice for blowing smoke.

    • scaper85 Oct 8, 2011 9:31 AM Flag

      Motley just REPUBLISH a report posted on September 29. People do not need to be smart to know its motivation.