You should wonder on about how many Idiots have bought Alibaba. Spending fresh money to china i greater risk. Investors already spent 15$ per share to to CGA and they built a great company, but it is time to reward us shareholders and not the management.
There is only one group that should be rewarded! And that group are the shareholders. We lost money during the past 5 years. 10 Cent Dividend, was a joke. A reward would be a share price that is similar to other fertilizer stocks. Management rewards should be aligned to the development of the share price.
You have misunderstood the project. NOTHING will be founded by CGA! It is private owned by the CEO and others. It will be a long way for this kind of business to be profitable.
It was good for CGA because it is a proof of the strong reputation of the CEO. And the farmers which are selling through Jane Bai (LH900) have to use fertilizer of CGA. It is a win win situation.
The other investor of Jane Bai will buy CGA shares, because they what a strong company CGA is, we must be careful that not much shares are going cheap to China
Sentiment: Strong Buy
Share price has to be fixed first. If we are above 15$ and have a fair valuation, CGA could use new issued shares as a aquisation currency.
i am very longterm orientented. GRO is one of the chinese stocks that are fraud tolerant.
Another good pick is CGA, first dividend received, next dividends will come promised the CEO. CXDC is my third one.
GRO has write off 50 million in farming land for sheeps, that is still a mystery for me.
On the next conf call i will ask the CEO why he is not making this land to money.
Sentiment: Strong Buy
share price increased by 50% this year, not bad so far. CEO fullfilled all his promises in the past, and therefore i beleave after the next BOD meeting we will see a sharp increase in share price. CEO told us that he will recommend regular dividends to the BOD.
Average shareholders have difficulties to understand that CEO owns a venture capital firm. He is damned to be succesfull with CGA and Kone, otherwise he can not make a new IPO with his internetfirm (LH900,Jane Bai). We all know the valuation of chinese internet firms, and we all know that it is urgent to sell it to the public.
The buble can burst.
CGA has now 291,642 million US$ in current assetts. Debt was reduced during last quarters. Everything is perfect.
1.) we can hope for the official announcement of the internet sales platform
2.) we can hope for the announcements of regular dividends
This can happen every day. And in the meantime chinese investors (fonds, distributors, and CEO's co investors in Jane Bai) are buying all the shares that US investors are selling.
Fair valuation of CGA should be 20$
Yes, why lend CXDC 2% if you can lend it to IBM for 6%
BUCKHEAD CAPITAL MANAGEMENT LLC 03/31/2015 60,000 60,000 New 128
SPOT TRADING L.L.C 03/31/2015 15,423 15,423 New 33
GOLDMAN SACHS GROUP INC 03/31/2015 15,186 15,186 New 32
Read more: http://www.nasdaq.com/symbol/cga/institutional-holdings/new#ixzz3aUwjMfJY
I trust him because he got 500 Million US$ subsidary for the affiniate of CGA, LH900 (Jane Bai), thje internet sales Platform. CGA is damned to be succesfull. Otherwise the next IPO of Tao Li would not be successfull.
Why 6$ ? If you compare it with an average valuation of a comparable US company, cGA should be valued at 20$ and more !!!!!!!
And we will be back to buy this state-owned company with better liquidity and credit capability. And also during this weekend, the Central Bank in China announced a further reduction of lending rates by 25 basis points.
look on Yahoo VIPs Summary page. PE ttm is 116,67. ttm are the last 4 quarters. Cashflow without new debt is negative. They are burning money.
The Audit Committee will meet separately with the President and Chief
Executive Officer and the Chief Financial Officer of the Company at least quarterly to
review the financial affairs of the Company
When will be the next BOD meeting. Tao Li will ask for a dividend. It is only a proforma in my opinion. I think they have a meeting 6 times a year ?
I am not a chinese stock basher, but is 120 not a little bit to high ? There are other chinese stocks with P/E below 5 and you can get dividends ? Don't feed a bubble.
i still remember them wining, and lying that CGA can not pay dividend. Borrowing fees above 50%. We will see.
That is pressure for the short sellers. A dividend or official announcement of the webshop will kill them
Always the same argument. Why not buying back and sell them later. Shares can be used as an incentive for key employees, or as a aquisition currency, or it can be sold back to the market.
CGA has paid a dividend, and they told us that more dividens will come soon, but it does not generate hype.