Pathetic, isn't it? Just think of what the cost of an increase of 44% for new hires, a new CEO, loan interest, and
of course the cost of a jet and all related costs for that jet. BTW, last week I found a Chinese website with about 50 comments concerning Xin's jet. I only read about 30, and not one of them was a positive comment.
That is where I read about 'bubble girls', which I asked, if expressed in English, would the words translate to #$%$'?
..... fraud TORe Toro a new hole with one of their investments.
'Toro managing member Taek-Geun Kwon believed shares of Ambow were worth twice as much as they were trading at around the time. Toro was bullish on Ambow around the same time it was being investigated for accounting fraud. The fund owned more than 8% of shares in Ambow'
Boots on the ground, or boots up the yazoo, and I ain't talkin the river.
Why would they have a different website. It should all be on the one website which you should be able to find
for the website listed to American investors. It's not. I just went blind on the link you gave me, and I didn't see
any mall. BTW did anyone tell Zhang Marty M is on the way out?
Doesn't matter if they said their intention 2 years ago was to enter the commercial real estate business. I did look at their website today. What mall? Didn't see a 'mall' under any of their projects. Anyway we've played tag long enough. You won't change my mind, and I won't change yours.
'you have no property development experience'. Never said I did, but then you don't know #$%$ is going on either with all your property development experience. I do not consider 11 board members trivial on a tiny Chinese real estate company.....can you say b l o a t e d.
Oh geez when I said that before, that Zhang is no longer the CEO and is now just a figurehead, I thought we'd
have to scrape you off the ceiling. Just trying to make you happy Stinky The CEO is still with the company...at the very top ', doesn't matter it's another high paying salary of a CEO and free shares. You want to make any bets on who is taking those two other board seats. BTW
it is 3 seats because TPG was just added two months ago to the board. Sure like this definition of the Chairman's description of 'independent'.
Maybe because they haven't mentioned it? And wouldn't you say building two 40 storey towers, a commercial project, is an entirely different direction for this company? You wouldn't want your investors knowing this?
When it comes to Chinese companies, yes I'm paranoid, but they've proved us right, time and time again.
The poster did say they were going to be 150 meters, so if you
think you can get 40 stories out of that, I would suggest you are
building for the 'fairies', they don't take much space.
You think this is one of the reasons the CFO resigned almost immediately, cause he can't find it in himself to hide a project?
Or was he found to be incompetent already?
So if they have plans to build 2 towers approximately 13 stories on property you assume they have already purchased, you don't need to declare this until when? When you catch them in the act somewhere around the 7th storey? Or maybe because they're in China, you never
know about it? Probably Fab Universal didn't count on a savvy investor
catching the China bond they failed to declare..
How much do you think all these changes are costing you the investor? A new CEO's salary (do you need two CEO's. And the fact that he was with Wanda, and basically goes to an 'unknown', Why? You think these 3 new board positions are
free, done out of the goodness of their hearts? And that 80m ads
estimate of mine, does not include the other 19m shares.
Sitting on a property in NY that still hasn't started, haven't heard
anything more on the Irvine property sale of condos, or the last of Nevada's plots. And the jet of course. How do you think your
profits are going to look next quarter?
This is interesting. I replied to this post . It shows 1 reply to.....but doesn't show it. Is it because I quoted from Fab Universal filing with the SEC or because I put their stock symbol
f.....u.....and yahoo thinks I'm swearing at someone?
Point is if this Xian is a project of Xin's, it is undeclared in their business. You should be very suspicious of all not being declared by this company.
You know Stinky, I was doing a little reading on these jets. It can cost up to $4,000 per flight hour.
So that's going to be the excuse this time? They're on a borrowing spree
so start buying back shares. Let's see.....with how much they spent on that
jet lease, and the fuel, insurance, maintenance, a management company, etc. etc. for a plane they haven't needed (except to look like
WANDA ), how many shares could the company have bought? How many shares are these new board members going to get, and how much
cash? Instead of decreasing share count, I think they're probably close to
enter the waters, and buy. He should know he's a chartman. Me on the other hand know nothing, (that should
please Stinky), but I see some dark shadows down there, and won't bite. But I suggest you listen to Marcino.
Gelato for everyone. Is there pie or cake to go with that Marcino?
It's always a gimmick with this company. Gurnee was the master of gimmick. They never
bought 1/2 of the previous 20m the year before, and you people think because the company now says $60m in 3 years, you're buying it? I have some swampland, very valuable.......