It looks like mine was deleted also. - Everyone should google "Letter sent to DATE by Heng Ren " - thanks for pointing it out fretfulporpentine - Makes a good case for $11 plus valuation.
Still no word from DATE on the evaluation. - You would think that they would put out some sort of PR ??? Even if it is to say "we are still evaluating the offer"
Low market cap- very high sales per share. - stable but somewhat slow growth. Cash on hand. Making some money... - What are the "got yous" out there that are holding this stock down?
There is over $3 in cash per share on the books. - Why wouldn't a buy-out or at a minimum a share buy back happen? This company could be bought for no money down using the companies own cash and the buyers could put cash into their pockets at closing and have a "free company" to boot! --EXTREME VALUE sitting here. - back up your truck. - Added more to my position this afternoon - already ahead on those shares.
China Mobile has had a nice run up this week also. China is coming back strong. - If you are looking for a value play look CNTF - Trading for less than cash on hand. - You can buy yourself a bunch of "option priced shares" with very limited downside. D.Y.O.D. and enjoy!
Who would like t o get their share of cash and whatever is left over from a fire sale now? (hint - that amount would be much higher than the current trading price.)
agreed - No news just continues to be undervalued and a good buy. - Waiting to hear something on rejecting the offer to go public. (or a significantly higher offer ) We are still under the "floor set by the proposal. "