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Lihua International, Inc. (LIWA) Message Board

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  • boofnicity boofnicity Apr 7, 2011 11:37 PM Flag

    We need a catalyst

    I agree with your comments, hence my still being here.....the timing is always the tough part. That said, I feel like the guys in CCME thought the same way, as did those in RINO and so on. I keep asking myself, "what can this company do to differentiate itself?" I can only come up with a few things, some of which they have already done.

    - The buyback announcement was good, but I liked the initiation announcement more as it showed it is being implemented.
    - A management or director buy would be a show of faith, but none have stepped up to the plate except for option exercises.

    I think there is only one thing that might help at this point (besides a management buyout offer or buyout by a third party, but I really don't want to see that....we want to share in the upside, not be sold out at $10 and change or something). I would love to see a PR video....not some fake looking video, but a real video tour of the facilities, the actual manufacturing of product, maybe a CEO interview, and some other good information. It continues to bother me that I can't be a Buffet or some big time fund manager that can jump on a plane and check things out myself, so I want to see the place in action. I want to see how the buildout of the new facilities are going with my own eyes. I'm sure others would be interested as well.

    Look, based on what I read online, if CCME did this you might see a bunch of people texting with each other or sleeping on the job. I want to see Lihua doing what they do best.....making copper wire, loading it on a truck, and making $. While some of you might say this was done with the GH report, I will say I agree, and I think they did a wonderful job (especially quantifying the annualized output and such). The problem is, I think that for the time being their credibility is somewhat shot b/c of CCME. I want to see a video.....if done right, it should help dispel some of the fraud cloud overhanging this stock. Any thoughts from the board on this are appreciated. In the mean time, I continue to wonder, who is so anxious to sell down here, and better yet, why?

 
LIWA
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