Do you have understand the LH900 and CGA relationship?
I expect some extra earnings, perhaps they sold these 65 million US$ Land Use rights. Or will these rights disappear, suddenly ?
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.
Settlement Date Short Interest Avg Daily Share Volume Days To Cover
5/29/2015 812,269 98,131 8.277395
Google: Nasdaq CGA short interest:
amd google Finra daily short interest and search for the daily short activity
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$. Inventory is high because of the season and large Orders from customers .UREA prices has increased by 7% during the last 2 month, that means these 123 million are woth 130 million.
Traditionally inventory will be decreased during the next 2 Quarters. There is a lot of cash available for the loyal shareholder of CGA.
I still own some shares. If Agria reach a fair valuation I'am happy that i still own 3000. 2 years ago i owned 55.000. I sold, because of these 65 million write off. Will CEO sell it to a friend ?
You have to change the Chart to "bar". I managed to sold a few thousand at 4$, because i always have sell orders for 2,95$, 3,95$ and ...
Short Queeze ist possible, everyday, specially today !
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.
Stock Screener for searching undervalued stocks:
Yes. In US you can lie and make money with lies and constructed story. See Seeking Alpha.
Don't think so. China will pump money into the market. We are currently undergoing a necessary correction. At the end people will look for undervalued growth company like CXDC, CGA, Agria ....
They will dump high priced companies like BYD (PE of 170)