18-11-2014, 09:46 AM
(18-11-2014, 12:09 AM)Arowana Wrote:(17-11-2014, 09:42 AM)kye_lin Wrote:(16-11-2014, 01:16 AM)Arowana Wrote: Please read the forum in sharejunction, very professional one . They are doing forensic on the latest Sinograndness report. Some forum-ers analyze the stated profits, AR and FCF and link them to a possibility of overstating sales .
Beware what you read at sharejunction... loads of self-serving individuals... eg. paint a negative picture of a stock and short it like crazy..... or vice versa....
Thank you very much kye_lin. I have sold all shares on the day after I attended the lunch meeting with CEO/CFO/ and IR-VP when they flew here to assure investor of Newsman9 report. I sold all share for 2 reasons:
The company can only assure investors with words. The only rebut Newsman9 report with their words and their numbers . Actually they can keep Newsman9 shut his mouth forever with photo/video/official document but they produce no such evident and have no plan to do so. I felt they have nothing to show.
Another reasons is not what were said but the body language. Not very scientific I must say and I might have wronged them. However as a business man for many years, my judgement from observing non verbal communication has been serving me very well all this while.
I am just sharing what I have gone thru and please don't let that affect your investment decision.
Just do what is right and comfortable for you.
I know nothing on the company, but I share the approach followed.
Typically no additional disclosure during any face-to-face meeting, on top of formal disclosure. But "additional info" can be obtained by body language, and facial expression, during a briefing and conversation, which is very valuable in decision making.
It has served me well all the while too.
(not vested, and not monitoring)
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡