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Agria Corporation Message Board

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  • jetionsolarproblem jetionsolarproblem Dec 28, 2012 10:04 AM Flag

    about the percentage of Lai's shares

    Yes, thanks, you are right. Do you know why my answer was removed from yahoo ?

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    • no, i don't know how to remove message from yahoo.

      and i found another incorrect information you mentioned in your post:

      [quote] 3. They made money in 2011, 18,36 Million RMB net earnings [/quote]

      that number is for the Six Months Ended June 30,2011, nobody knows what happened for 6 months between July to December 2011, they never published the number. I bet it's ugly.

      The following is the Net income (loss) attributable to Agria Corporation since 2008 -- remember, they were listed on NYSE in 2007.

      2008 --- 751 million loss
      2009 --- 135 million loss
      2010 --- 59 million loss
      2011 --- no mumber for whole year, only 18 million earning in the first 6 months, it's highly possible they hid some cost in the first 6 months, defered to second half year, who knows.
      2012 --- 15 million loss

      these numbers explains why they bought PGW. basically they have no ability to make money in china.
      I'm not saying PGW can not make money, the question is when and how much the dividen will be paid out.

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