it's about the receivables...too high rel to cash to be comfortable
..if they can get through this challenging period without too many bad receivables and slowly tightening terms to distributors/retailers, then this may well multibag (imv)
kn...yep somewhere down here, the risks are offset but potential multibagging returns
..I have now bought, sold at a small loss and rebought ...all today
I took my profits at the bell...and may join you again
...nbu is a shocker (in and out for a small loss today lol), and I can see rock bottom sentiment to these Chinese stocks becoming bottomer
miss key points lol
...look at fcf and worry...
...but to assert that this is a scam is close to (if not) defamatory: where is your proof that they are "cook[ing] the books"
capital investment..this company is not that cash rich
...so I can understand stopping the dividend
...they need to get a grip of WC...and in a competitive market, that may be seriously difficult
worries me:- "Due to the competitive market conditions, as of May 2014, the Company extended the credit terms to its distributors by an additional month to 120 days. "