(29-03-2016, 10:17 PM)butcher Wrote: [ -> ]what they actually needs now is an IPO. Without any bias, from the current indications, it seems that an IPO is highly probable. I guess is uncertainty only lies in which exchange will it be listed. In HK or China or elsewhere? If things goes well, the answer will be made known soon. But the share price already have a wonderful run upwards. Those who got in when there are numerous doubters and doomsayers will be laughing to the bank now especially for those who bought at 20+ to 30+ cents, decision for them is whether to take profit or continue the ride. Any position from the current bullish price will require some homework lah. Cheerio
The most important is the fundamental of the company. As long as the company is run by good men, its has a good brand story & there is potential for sustainable growth in the business, whether you buy 2 year ago, 6 month ago or now, you know that day-in day-out the value of the company will continue to grow.
Yes, i believe the sceptics are saying this company is run by bad people. But look at what they have accomplished, its good. If they want to run with the money, they will have done so long ago when the bond holders pump in money or when PM pumped in money.
People here all took positions, some short, some long. But, we shouldn't be commenting in a bias way for their own benefits and nothing neutral at all. Now SG already $0.70, and haven't hear from these people for quite some time. Kinda miss them, as they are good entertainers with what they post. Shortist, keep your spirits up. All is not lost yet as IPO is not confirmed.. Still can bet on it NOT HAPPENING.
There's a new article on nextinsight
http://www.nextinsight.net/index.php/sto...-look-like
Well said Alex. When things are turning bright, the bears will keep silent as it shows their analysis were wrong. Actually, we should accept each other's views no matter bullish or bearish as this is what exactly a market is all about. Nothing monotonous. However, needs to bear in mind to be humble.
Hi all,
Just thought that I share this article from
nextinsight. It is quite interesting even after reading them a few times.
Surprised to know that loquat juice is not Mr Huang's 1st attempt but the third. His 1st two attempts with herbal and mixed vegetable& fruit juice failed. What a lucky guy.
Not only lucky, this guy is also plucky with plenty of guts to boot. Borrowing from bondholders on onerous terms and daring to go where few dare, sure takes guts. Luck and guts aside, with hard work he has build up Garden Fresh into a strong company. Now bondholders surely can see the value in Garden Fresh and willing to restructure the bonds to Sino's advantage. Way to go Mr Huang.
Cheers, very happy to see $0.70.
Oldman9
(30-03-2016, 02:56 PM)Oldman9 Wrote: [ -> ]Hi all,
Just thought that I share this article from nextinsight. It is quite interesting even after reading them a few times.
Surprised to know that loquat juice is not Mr Huang's 1st attempt but the third. His 1st two attempts with herbal and mixed vegetable& fruit juice failed. What a lucky guy.
Not only lucky, this guy is also plucky with plenty of guts to boot. Borrowing from bondholders on onerous terms and daring to go where few dare, sure takes guts. Luck and guts aside, with hard work he has build up Garden Fresh into a strong company. Now bondholders surely can see the value in Garden Fresh and willing to restructure the bonds to Sino's advantage. Way to go Mr Huang.
Cheers, very happy to see $0.70.
Oldman9
In China, it is very difficult to borrow from banks. And if you are lucky to get a loan from a bank, you can use the money during the year but then come to year-end you got to pay back all money into the bank. The bank will review again and decide whether to lend the money back to you or not. It is very tough for high capital intensive business such as SG in its early trajectory growth period.
With Sino Grandness's share price being under-valued for many years due to S-Chips issues, I supposed borrowing money from bond borrowers was a lesser of the 2 evil choices as raising funds purely from equity at low valuation will ultimately destroy shareholders' value.
Application for IPO submitted today to HKSE! One step closer. Wonder what would doubters say now.
I went through the old posts [report from Newman9] and found out that on Post 99 (21 Oct 14), moderator has mentioned that "I briefly run thru the report. It seems creditable with reliable references to Euromonitor and Nielsen" and Post 103 on the same day, he also stated that “KayHian's analyst report, after a trade show event, dated 14 Oct 2014. TP $0.95 and rating BUY. Will the analyst do quick update with totally different.”
http://www.valuebuddies.com/thread-3371-page-10.html
http://www.valuebuddies.com/thread-3371-page-11.html
I wonder is this the reason that UOB Kay Hian stop the covering of Sinograndness after so many years of coverage.
(31-03-2016, 08:01 PM)Bluechipfan Wrote: [ -> ]Application for IPO submitted today to HKSE! One step closer. Wonder what would doubters say now.
Indeed one step closer. Doubters gone mute i suppose and am wondering what the short sellers would say/do?
(31-03-2016, 08:01 PM)Bluechipfan Wrote: [ -> ]Application for IPO submitted today to HKSE! One step closer. Wonder what would doubters say now.
Good game well played.
Skeptics have been very silent ever since things turned bright.
No offence meant. But it is always good to have bears who can help to highlight the risks involved for investors to understand the risk and rewards
I am just wonder and find it strange that there is no analyst coverage after so many big developments of Sinograndnes. First, the EGM; second, the restructure of CB; third, the trade fair in Chengdu. Are they still have doubt in the company.
