Unfortunately this is not true. Look at CXDC, they changed to KPMG, still a bad valuation. We need DIVIDENDS and DIVIDENDS and DIVIDENDS
Last year in September the criminals shorted CGA, and came out at the end of September with their constructed story. Until now they have covered 80%.
-This year we have learned that chinese government spent 500 million US$ as a subsidary for one of Tao Li's Start Up's.
-We have seen a dividednd and CEO promised more dividends
-We have distributors as shareholders
-We have employees as shareholders
-Managed bought shares of the company
I see 10$ coming soon.
Today is the day for buying more. New trading platform and more dividends should be announced soon. Chinese Government has start to fight against manipulation at shanghai. Good chance for getting more attention as these is the chance for looking what is overvalued and what not. Good Luck.
DIVIDEND NOW. Why are they waiting and wasting time? Good opportunity for us longs, but we need the commitment of the management for shareholder friendly actions.
Do you have understand the LH900 and CGA relationship?
SEED investors have no reason to complain. Nice performance during the last 6 months.
On P/E or NTA basis Agria has much room for improvement until they reach valuation of SEED.
Agria has the better revenue and earning growth story and their largest assett is New Zealand based.
It should be a good idea to shift some money from SEED to GRO.
Inventory was 123,628 Million US$. Inventory is high because of the season and large Orders from customers .UREA prices has increased by 7% during the last 2 month, that means these 123 million are woth 130 million.
Traditionally inventory will be decreased during the next 2 Quarters. There is a lot of cash available for the loyal shareholder of CGA.
Yes. In US you can lie and make money with lies and constructed story. See Seeking Alpha.
CEO promised great rewards
CEO got 500Million US$ for CGA's sister "Jane BAi", as a subsidery from chinese governement
CEO shorts started immidiately after SA attack to cover(SI 5 million shares doen to 0,7 million)
CGA should have now more cash than ever
CGA bought a large amount of UREA, last year when it was cheap
Stock can explode after announcing regular dividends. I see 1000% upside potential , and only 10% downside potential.
Will Tao Li ring a bell for the short sellers ? Still more than 700.000 shares short. It would be a shame if these terrorist can cover cheap.
Do you have read the details about the SINO Deals ? Despite these great deals CGA increase inventory during the Q2 and Q3 and reduce inventory during Q4 . Q3 and Q4 are the main seasons with high revenues and UREA is an expensive raw maerial during the high season.
CGA has made a lot of extra money during this fiscal with inventory.Google Sunsirs and UREA.
I expect reduced Inventory at the end of this quarter and fiscal year. I expect increased inventory during Q1 but not as in the years before. Gufeng has agreement with SINO for raw material. It is possible that we have the best quarter in the history of CGA.
Make your homeworks better.
You made an error. These kind of errors are typical errors what can happen very easy. "Sinoagri Holding Company." is another company. Read the press release from 27th october again and follow the links.
I think it is allowed, but it has to be filed to the SEC, and they have done it. Insiders are owning 10.000.000 stocks. 15.000 were sold by a person ehich routnely is selling their shares. Insiders paid betwenn 1.95$ and 2.25$ per share during the last 12 month. So nothing to worry about. But the plunge for chinese share in asia has an impact. Uneducated shareholders throw stocks away without looking to valuation or dividend.
Institutions are goin and coming. I have seen this before. And maybe the CEO is right in beleaving that delivering top results and paying Dividends is the only way to reach a fair valuation. Annual results should be great. We have seen no warning from CGA. They have always issued a warning if the forecast could not reached. September can be very challaging for the short sellers. As soon as dividend would be annunced the stock will go through the roof. Don't let them cover their outstanding shares for such a low price.
Remember we had seen insider buying for 2.25$ during the last 10 month. Employees, management and Distributory are now shareholders.
Sentiment: Strong Buy
Yes you are right. The CEO can change it.
1.) Improving Investor Relation
2.)paying regular, quaterly dividends
3.)making unpredictable buybacks as a surprise for the short sellers
They had this opportunity several times. They should do it now. The short seller have made so much damage and managed to earn a fortune.