Therefore, I remain optimistic that your stock will ultimately outperform the market.
LOL.. In the long run you will be dead before Dang pays of... and now stop wasting energy writing loveletters to IR.
And for that 7,80 they still get 280 million in cash back....
I tested them too before investing. It was send as promised.
Probably youre bashing here because your company does the same as LITB.
But still I agree, I would not invest in this because of their performance but I did recently because of the new deal they did with the big investor. Sellin online shoes in China with one of the biggest shoesellers overthere looks promising.
They probably run it further down and then buy it out for 4 dollars, why would anyone sell almost 25 percent at 6 plus with better prospects. Happens all the time with these China stocks (look at DANG).
China's national 'Internet-Plus' strategy was unveiled by Premier Li Keqiang in March 2015 and is aimed at transforming traditional manufacturing in China into an innovative world leading high-tech industry by integrating Internet technologies such as mobile Internet, big data analytics, cloud computing and the Internet of Things.
Mr. Zhentao Wang, Chairman of Aokang, commented, "We are pleased to team up with LightInTheBox to jointly-develop a global "Internet-Plus" strategy for traditional businesses by leveraging their deep understanding of global ecommerce and superior technological expertise. We will work to transform traditional manufacturing, starting with the shoes and leather product industry, by leveraging mobile Internet technology to vertically integrate online and offline resources. By leveraging LightInTheBox's cross-border ecommerce platform, we will introduce high-quality Chinese brands such as Aokang to global consumers.
Dear Mr. xxx
Since we are unable to present good results and move the stockprice up fundamentally, we did release some rumours to Chinese websites to get the stock going.
I bought at 6,30 yesterday. They cant fool me anymore...crooks.
One must be reallly dumb to keep pumping this all this years...
I dont think DDD would be priced at a marketcap of 25 billion in two years when general 3D-market is expected to have a value of 5 billion at that time.
Wow, free money I guess, stockprice is almost a buck lower than the new big shareholder is paying.
Dude, I know this company for ten years. Its going nowhere. A phonecompany who did only lost revenue, didnt succeed in gaming and now they are doing Chinese real estate which is ready to implode.
Under the terms, Aokang has agreed to acquire a 25.66% equity interest from investors at $66.40 per share, and plans to invest $77.3 million in the company.
Aokang said it plans to set up a unit in Hong Kong for $2.58 million, according to Reuters.