If you look to the Nasdaq Golden Dragon Index, you see that all these chinese companies hat a valuation of p/E=30 in average. Therefore they should know that NYSE/NASDAQ is a place to be listed.
But it depends on how these CEO's act during such a crisis. Do they act powerful or are they playing games ?
it is really urgent, with the buyback. We need a sign from the company that they don't want to go the same way the Yongye.
I think it is the fear that CXDC will do nothing to stop the short sellers. If you look at Mighty Markets, you can see on Monday 53$ short sellers, on Tuesday "only" 22% short selling on daily volumne. Stop Loss triggering, and fear then panic. We all know that CXDC is no fraud. I have called Volkswagen today for details about their purchases, they promised me an answer for tomorow. CFO gave me some details today:
We actually have products going into FAW cars, the joint venture between a state owned automakers and VW. Ke Li is a senior professional at VW China and also on our advisory board and you can find our disclosure in 2013 10-K of him.
Sentiment: Strong Buy
A little bit late, and sad for all those fellows which sold out or decreased.
With beginning of 2014 CGA has started with these marketing campaign and fertilizer franchise rollout.
If you compare with years and quarter before you will see that CGA is succesfully adding distributors.
Q1 2013 plus 2
Q1 2014 plus 13
Q2 2013 plus 2
Q2 2014 plus 14
Q3 2013 plus 9
Q3 2014 plus 24
Q4 2013 plus 3
Q4 2014 plus 11
It is possible that CGA's distributors have added 10 or 20 franchise shops each, that means more then 10.000 new shops.
Forgive him. He his a former friend of mine. He has lost a larger sum. Do you understand why there are no actions from management for supporting the share price ?
CFO has managed this crisis very well. My owning in this company is now 2000 shares, instead of 1000.
Thanks to this fabulous researcher.
I think the class action settlement day can be the gamechanger.
There are some good news ahead (i belief)
Nestle Deal Progress
New Franchise System
Short Interest Rate.
I belief a dividend policy is possible.
I belief we have not many days left until we hit the 2$ barrier.
What will happen with the share price if CGA has built their fertilizer franchise system as they have told us.
Can the trust be restored ? CGA has lost a lot of institutional shareholders. But someone has bought all these shares.
Is this a joke. Do you know the movie "Rainmaker" with Denny Devito. The so called "Law firms" are desperate seeking for shareholders who give their a mandate.
On SA you can find me as "piggybanksdead". I am asking the author about the question, and told him he should give them to me , so that i can email them to the CFO. But the Author does not provide his stupid Questions. Why ?
I have spoken 2 times with the CFO, there was no question what he was not willing to answer.
Do you know who is the lead plaintiff ? Is this is reliable firm or do they only want to settle for the fees ?
Yongye International Going Private Proposal Investigated by Former SEC Attorney Willie Briscoe and Powers Taylor, LLP