22-05-2015, 12:21 PM
(This post was last modified: 22-05-2015, 12:25 PM by specuvestor.)
Very likely there is financial engineering involved cause Li holds 81% of company with 6% short hence net 75%. Makes sense why Goldin Financial should collapse as well if this claim is right:
http://www.valuebuddies.com/thread-6437-...#pid113336
Now things starting to make sense. The catalyst was missing chairman and Yingli collapsed 1/3 the previous night in US as financial statement cast doubt as on-going concern.
There is a difference between richest man on "paper" vs richest man in real assets. Deciphering between these 2 is one of the main thing what value investors are trying to do.
http://www.valuebuddies.com/thread-6437-...#pid113336
Now things starting to make sense. The catalyst was missing chairman and Yingli collapsed 1/3 the previous night in US as financial statement cast doubt as on-going concern.
There is a difference between richest man on "paper" vs richest man in real assets. Deciphering between these 2 is one of the main thing what value investors are trying to do.
(22-05-2015, 11:31 AM)Behappyalways Wrote: Solar Panel Maker Suffering HK Share Sell-Off 'Failed to Repay Loans'
http://english.caixin.com/2015-05-21/100811386.html
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
Think Asset-Business-Structure (ABS)