Morgan Stanley Asia has two members on the board of directors, doing away with threat of fraud.
Morgan Stanely Asia has boots on the ground and would've done extreme due diligence when they made their 100 million dollar investment years ago. It is this credibilty backstop is why CXDC should be selling at a premium to any forieghn small cap company out there, rather than it's current 2.5 PE. That is not to say their won't be mindless attacks on the companies credibility, but it is good to know they will be completely unfounded and thus will provide further buying opportunity. Even with ridiculously low valuations, the company will be in the mid twenties in a couple of years hence when their additional 300,000 tonnes of capacity comes online and with it, a $5 EPS annualized run rate., rather than the current $2.25-$2.50 EPS .which is what they get by selling all the product they can produce, only months after bringing on the latest round of expanded capacity.