Xinhua Finance Media's Less Than Impressive IPO [View article]
Good judgement. It makes me wonder that if Xinhua is a trademark that is protected or not.
XFML is pretty much a wrapper for the underlying conglomorate of business. The COMPLETE lack of organic growth makes it the LEAST promising Chinese stock offers.
One research already questioned the corporate governance of this company. The reading of prospect did not inspire me at all, but apparantely the name of this company offered many people wishful imaginations.
My recommendation of this stock: STRONG SELL before it is too late.
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Good judgement. It makes me wonder that if Xinhua is a trademark that is protected or not.
Mar 13 14:27 pm
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All Comments by Chimin Sang »Xinhua Finance Media's Less Than Impressive IPO [View article]
XFML is pretty much a wrapper for the underlying conglomorate of business. The COMPLETE lack of organic growth makes it the LEAST promising Chinese stock offers.
One research already questioned the corporate governance of this company. The reading of prospect did not inspire me at all, but apparantely the name of this company offered many people wishful imaginations.
My recommendation of this stock: STRONG SELL before it is too late.