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Yongye International, Inc. Message Board

  • greenirishblackirish greenirishblackirish Apr 27, 2011 10:09 AM Flag

    may 9th right around the corner

    when we ambush them

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • "We are pleased with our first quarter sales and cash flow results," stated Mr. Zishen Wu, Chairman and Chief Executive Officer. "As many of our investors know, our first and fourth quarters are seasonally our slowest. Nevertheless, we were able to achieve strong sales growth as a result of continued demand for our Shengmingsu agricultural nutrient products from Chinese farmers in both new and existing provinces. Also of importance, we achieved positive cash flow from operations as a result of our improved working capital management, while more than doubling our sales year-over-year."

      Mr. Wu concluded, "Our management team and board of directors are committed to enhancing shareholder value and are confident in the long-term health and future financial performance of our business. Based on current market prices, we believe that our shares are presently undervalued in the marketplace. Our board of directors is contemplating various alternatives to address this issue and will make an announcement as soon as the board determines the appropriate course of action."

      FACTS, TRUES, PLEASE READ IT.
      http://www.barchart.com/headlines/story.php?id=1225043

    • Why would earnings move the stock? They already pre-announced, no audit of the 10Q...

      • 2 Replies to yo_roe
      • yo_roe - YONG only gave a revenue number for the first quarter along with a store count. Based on the EPS figure, cash flow and other particulars, the stock price could move on the earnings release date.

        NYPD - Do you feel like someone on this board thinks we are all sheep following his/her every move, which are all self- serving. I give out a "Baaaaaa" everytime I see his/her post and wonder how bruised his/her chest must be from all of the self pounding. We are so lucky to have him/her post on the YONG board. If you want some fun, go to the FTK board and read his/her relentless bashing as the stock continues to rise. It is so funny and he/she has the history back to when the stock was trading in the $50's all the way down to under $1. If this person is married, I pity that poor soul they are married to.

      • Greater exposure!

 
YONG
7.050.00(0.00%)Jul 3 1:00 PMEDT

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