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China Green Agriculture, Inc. Message Board

  • whbuncensored whbuncensored Nov 30, 2012 9:54 AM Flag

    CGA's next acquisition should be occurring soon.

    Will the Company use its undervalued stock to do a deal
    as has just happened for GURE?

    Heavy dilution would help the shorts hurting current shareholders.
    Does the Company's adviser have conflicts of interests here!

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    • Chinese firms face uncertain futures on U.S. stock markets. Yesterday's SEC suit against the Chinese units of the Big Four accounting firms could mark the beginning of the end for the U.S.-listed shares of Chinese companies, including for giants like Sina (SINA) and Baidu (BIDU). The accounting firms face a Catch-22: The U.S. requires them to share information from their audits in foreign countries, while China bars them from doing so.

      • 1 Reply to jwbrad76
      • Have not regulators knowingly allowed numerous Wall Street schemes
        for many China small-stocks (including CGA) involving under-reporting.

        Nevertheless, I certainly agree that a lot of big-cap stocks like SINA and BIDU
        should be listed in China rather than the U.S. unless they have solid business
        reasons to support a foreign-listing. For example, CGA might someday acquire
        overseas assets with competitively-valued stock.

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