01-02-2014, 10:36 AM
If in doubt , just dump . If there is strong conviction of fraud, can try short selling to target zero value ....
There are just too many warning signs ....
There are just too many warning signs ....
Quote:The Board of Directors (the “Board”) of Dukang Distillers Holdings Ltd. (the “Company”, and together with its subsidiaries, the “Group”) wishes to announce that the Group expects its overall revenue and earnings to be significantly lower for the three months ended 31 December 2013 (“2Q2013”) compared to the three months ended 31 December 2012 (“2Q2012”).
This was mainly due to:
i) the decrease in average selling prices and sales volumes of Luoyang Dukang and Siwu products as Chinese austerity measures had affected the sales of wine and spirit across the nation; and
ii) higher advertising and promotional expenses due to intensified advertising and promotional activities.
(06-02-2014, 09:47 AM)rogerwilco Wrote: [ -> ]imho, baijiu is currently associated with luxury, politician, and old generation. Not all alcoholic drinks sales are declining though (Diageo reported that its Baileys sales in China is still up, Red wine seems to be getting more popular as well).
as one of Dukang's shareholder (yes, i am stubborn as a mule ) I hope Dukang's management can weather the crisis by cost cutting, speed up product and packaging innovation, and tweak the marketing message
(09-01-2014, 01:50 PM)hh488 Wrote: [ -> ]Another thing abt Dukang was the recent sale of 44% stake by the ex-Chairman Gao Feng in Aug 2013. Worst, it was bought over none other by Wang Peng (CEO of Synear) & his friend.
And Wang Peng has bought out the minorities shares of Synear at 18.6 ct with much outcry from them.
Question is, will he do the same to Dukang?
(01-02-2014, 12:19 AM)arriyana Wrote: [ -> ]Looking on the other thread about Eratat, there is a high likelihood of fraud with a cash rich company. No doubt Dukang could be a next target.
Not to forget, Dukang had a complete change of ownership to the owner of Synear food holding which was delisted in 2013. Not entirely sure this new management acts in best interest of minority shareholder.
(06-02-2014, 12:32 PM)hh488 Wrote: [ -> ]Look like Dukang going the way of Synear's share price & after which it will be delisted just as Synear did?
Quote:去年以来,茅台、五粮液(行情 股吧 买卖点)、泸州老窖、洋河等一线白酒巨头纷纷将目光开始聚焦到100元到300元价位的市场上,随着布局的完成,这些巨头毫无疑问将投入更大的资金、更多的资源“砸”市场,将进一步增加市场竞争的激烈性和残酷性。
Quote:五年之内我们更多的是关注于杜康品牌的打造和企业发展基础的夯实,因此公司每年都会把全部的利润拿出来为品牌建设做加法。每年至少要拿出销售额的15%进行广告投入,去年除去终端市场广告外的实际广告投入3000多万元,今年的投入将达到8000余万元,以后每年会翻番追加投入。