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ChinaNet Online Holdings, Inc. (CNET) Message Board

buddhaslackey 1 post  |  Last Activity: Nov 11, 2014 11:45 AM Member since: Feb 27, 2005
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  • Reply to

    conf call summary

    by heavy_due_diligence Nov 11, 2014 11:13 AM
    buddhaslackey buddhaslackey Nov 11, 2014 11:45 AM Flag

    You sure wait around here when you supposedly don't own the stock. I think there were a number of positives.

    This is a company with no debt and substantial cash. I wouldn't classify that as "hanging on" as you make it sound like they are going bankrupt soon.

    The Aramco disclosure regarding the payback period is very positive. I look forward to more disclosure at the Dec. 8 meeting. The fact that the decrease in oil has made oil companies seek out more cost effective ways of running their plants is also a plus.

    I know that some characterize Rooney as all wind. But he certainly avoided mentioning the recent awards that the Isogen received at the various conferences. His comments were very sober and to the point.

    Some investors do wait. It also depends on everyone's time horizon. All of my purchases were this year, so I'm not a bitter soul.

1.91-0.05(-2.55%)Jan 27 4:00 PMEST

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