Who's playing this, up and down, down and up.
Bit if they know what they are talking about?
E Commerce China Dangdang Inc reported that its annual Total Revenue rose from over $5.19 billion in 2012 to over $6.32 billion in 2013 and that its respective Net Loss declined from $43.85 million to $142.87 million.
The Shareholders Foundation announces that an investigation on behalf of investors of E Commerce China Dangdang Inc (ADR) (NYSE:DANG) shares was launched over potential securities laws violations by E Commerce China Dangdang Inc and certain of its directors and officers.
Thats why I look every day at their commercial site because they are turning from a bookseller into a multiselling retailer. Look at their fashion, flashsales etc. They even are selling steaks.
5 cents would mean 4 million, they already did that in Q4 2013. I hope profit will be some more as turnover is also more than Q4 2013. They should focus on more profibility as that is what investors want to see (look at vips).
Everytime I mailed IR I ve got a quick reply from them. Last night they said its a scheduling conflict which could be indeed the spinoff or large investor. About dhub they said its still in a very early stage so that can't be the problem.
in combination with the delay of dang dhub .. search for corriere in italy and dangdang (if I copy the link its quckly removed)
Thats political, imo delay has to do with the launch of dhub. Yesterday I found a DD testsite with independant Chinese designers. Can't hold a conference call without naming a concrete date of launching this site aka new strategy.
Nobody said its an accounting issue, its rather the launch of the new commercial platform dhub. Because in about two weeks the new autumn/winter collection is going to be presentend in China fashion week.
If you don't know whats it all about, google dang dhub.
Besides, China economy is transforming to a services economy (consumption) in stead of industrial which is good for compagnies as DD.
They didn't released news about it, Chinese media are just writing about it. Seems going to be huge, co-operation with Elle and topdesigners. Also Li was a host a few months ago with a great show pre-announcing Dang.dHub.Now an Italian site made a story about it. Can't blame Dang if American media aren't picking it up.
m.o.r.o.n.t, if its the same tone your communicating overhere I understand IR is not responding to you. They did to me.