I am currently not owning CXDC but I'm watching. I don't expect dividends or buybacks from CGA. Therefore CXDC can only recover if chinese econemy is recovering. If we see sign of recovery i would by CXDC again.
In the meantime it is better to invest in Food and fertilizer.
CGA's revenue is still stable , compare it with CXDC, or with US competitors. But with this catastrophic Investor Relation department you should avoid this stock. I reduced my holding from 40.000 to 5.000.
Are we the last remaining longs? Not a wonder. I think that a lot of shares has moved to chinese investors. IR department seems not to care about aour (western) investment.
Inquiries will not be answered and that has a catastrophic impact.
But i still belief, that Tao Li is able to surprise us. Selling now is the wrong idea.
Ok, i have reduced my Investment since conference call, but i am watching from the side
Sad, but true. I sold 75% during the last Quarter. Still holding a small position. CGA makes me crazy. A high valuation should be target Nr.1 because it helps to gain repuation and motivates employees and distributors. We are all shareholders. Sometimes i think that the CEO hates us.