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Longwei Petroleum Investment Holding Limited Message Board

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  • hshinti hshinti Jul 10, 2011 11:36 PM Flag


    It's refreshing to read your point of view as an investor and not the skewed view of a daytrader looking to cash in their position at .35 cent profits.

    The bottom line is that with the addition of the third facility, future expansion is allowed to be made without debt because of the enormously increased cash flow.

    It's a valid point that the seller may have wanted a lot of shares to close this deal and Mr. Cai didn't allow the dilution to occur. At the current rate of growth, we should close by October/November imo.

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