Fri, May 24, 2013, 2:33 AM EDT - U.S. Markets open in 6 hrs 57 mins
US market has treated this company like it is ugly step child of Chinese companies.
It trades at ridiculous 25% of book value and 1/2 of cash in the bank.
Company has done everything possible in the last 6-12 months
1. stock buyback
3. great earnings, increasing RE holdings, book value
4. entering US market
5. adding respectable member to the board
If nothing has happened after all this, what makes management and board think that anything will happen in future?