China Small Cap Stocks: Should You Buy, Sell, Or Simply Stay Away? [View article]
Look for example at China Marine Food (seekingalpha.com/symbo...). Oberweis Asset Management was a big buyer recently. From Dutch institutional investors I also know they bought some stocks after visiting the company in China.
And still shorts are out there claiming frauds without even visiting the company and do some due diligence on the ground in China.
The Game of Shorting China MediaExpress Has Been Exposed [View article]
If investors ask you something you answers are mostly the same. You ask for example if people did their own due diligence.
My question to you would be.
Did you due diligence on MW? It seems that you believe no one else except MW. I would recommend the book: Top Hedge Fund Investors: Stories, Strategies, and Advice by Cathleen M. Rittereiser and Lawrence E. Kochard (Wiley, 2010) so you learn more about the due diligence process of selecting hedge funds.
Orient Paper: Loeb's Not the Right Firm for the Investigation [View article]
I guess they picked Loeb & Loeb because of their extensive experience in Chinese RTOs, SPACs and other constructions. So they know what can go wrong and what are the pitfalls.
Longwei Petroleum: The Most Brazen China-Based U.S. Listed RTO To Date [View article]
The hilarious thing is that they are terminating the contract without first waiting what happened, so it could be that they knew it was a shady business. If you are confident in the company you don't terminate a contract.
Royal Dutch Shell, Show Me The Money In Dividends [View article]
One of these assets with much value is the company's asset in the Permian basin, a vast oil and natural gas source in western Texas. Shell paid $1.94 billion to Chesapeake Energy last September for 618,000 acres in the Permian Basin.
Royal Dutch Shell expects “years and years” of production from oil and natural gas from these assets and plans to add more drilling rigs, the head of Shell’s Americas operations said last Thursday.
Much of the Permian Basin land is considered prospective at best and only has seven drill rigs in operation. The properties are currently producing 26,000 barrels of oil equivalent per day, low by industry standards.
Shell believes the land could produce much more, and expects the rig count to rise to 10 “over a period of time.
China is also getting more and more important for Royal Dutch Shell. They will invest around $1 billion annually in its upstream business in China. Shell currently has two gas blocks in southwest Sichuan Province, which it operates in partnership with China National Petroleum Corporation.
The company has drilled 13 out of 21 planned wells in the Jinqiu block and will complete 21 by April 2013. The Jinqiu project achieved first gas production last September and currently has a daily output of 110,000 cubic meters. Meanwhile, Shell is still assessing whether commercial development at the Fushun-Yongchuan block is viable, and drilling at the 15 wells could start by the end of 2012 or early next year.
Shell signed in March the first production-sharing contract with CNPC to explore, develop and produce shale gas at the Fushun-Yongchuan block.
For example: RDS' integrated gas profits have more than tripled to $9 billion over the past five years. This growth was mainly driven by LNG (liquefied natural gas) and GTL (gas-to-liquids) and management projects to invest over $20 billion in these businesses in 2012-2015. After global LNG demand has doubled to 200 million tonnes per annum (mpta) in 2000-2010, RDS projects LNG demand to double again to 400 mpta by 2020 and to reach 500 mpta by 2025. In order to defend its global LNG leadership position, RDS is currently constructing 7 mtpa of new LNG capacity in Australia (which will increase its LNG output by 30%) and considers further 20 mtpa capacity investments in Australia, Indonesa and North America.
Royal Dutch Shell, Show Me The Money In Dividends [View article]
Royal Dutch Shell currently owes Iran nearly $1 billion in back payments for crude oil that it purchased before Western economic sanctions crippled Iran’s ability to process oil payments.
In the end I think they will find a solution. In a recent attempt, Shell contacted U.S. commodities trader Cargill Inc. to pay for its deliveries of cereals to Iran in order to settle the debt, but Cargill declined.
Shell hasn’t ruled out the option of food bartering to pay its debts.
I don't think it will affect its profitability, because in the end they will find a solution.
Chinese RTOs: What Can Investors Buy When Even 'Big Four' Auditors Fail? [View article]
Point 6: Weak balance sheet with large receivables relative to sales and unwillingness to disclose customer, distributor or supplier details
I can imagine that companies don't want to disclose customer, distributor or supplier details because of competitive reasons.
But the reality is that most industries have enough consultants and cross-hiring of employees that competitors know how well a company's various product lines or divisions are running.
The Game of Shorting China MediaExpress Has Been Exposed [View article]
MW is a short seller also with own interests. You think they really care about the fact their published report was right or wrong. As long as they can make money, it is OK.
Most of the arguments MW claimed are already independently debunked. Why you don't verify yourself if the misleading nonsense of MW is true, so you can join the ranks of the longs.
27 Red Flags for Chinese RTO Stock Investors to Look For [View article]
Trading positions are mentioned, so author is not short. He has only a long position in WKBT.
Personally I think it is a very good article and also the recommendations to management of Chinese US-listed companies is worthy.
Hopefully they read the story and going to act accordingly to the steps mentioned to improve credibility.
The year 2011 could be the revival year for the US China space and valuations can get more realistic. So there is a lot of upside potential for US-listed China stocks. We are ready for it!!!
China Small Cap Stocks: Should You Buy, Sell, Or Simply Stay Away? [View article]
And still shorts are out there claiming frauds without even visiting the company and do some due diligence on the ground in China.
The Game of Shorting China MediaExpress Has Been Exposed [View article]
My question to you would be.
Did you due diligence on MW?
It seems that you believe no one else except MW. I would recommend the book: Top Hedge Fund Investors: Stories, Strategies, and Advice by Cathleen M. Rittereiser and Lawrence E. Kochard (Wiley, 2010) so you learn more about the due diligence process of selecting hedge funds.
Warren Buffett in His Own Words: 23 Timeless Quotes on Investing [View article]
Wonderful quote which we all know by now because of the Subprime Crisis.
China-Biotics Shifts Focus to Fast-Growing Chinese Food Ingredients Industry [View article]
Orient Paper: Loeb's Not the Right Firm for the Investigation [View article]
Longwei Petroleum: The Most Brazen China-Based U.S. Listed RTO To Date [View article]
Royal Dutch Shell, Show Me The Money In Dividends [View article]
Royal Dutch Shell expects “years and years” of production from oil and natural gas from these assets and plans to add more drilling rigs, the head of Shell’s Americas operations said last Thursday.
Much of the Permian Basin land is considered prospective at best and only has seven drill rigs in operation. The properties are currently producing 26,000 barrels of oil equivalent per day, low by industry standards.
Shell believes the land could produce much more, and expects the rig count to rise to 10 “over a period of time.
China is also getting more and more important for Royal Dutch Shell. They will invest around $1 billion annually in its upstream business in China. Shell currently has two gas blocks in southwest Sichuan Province, which it operates in partnership with China National Petroleum Corporation.
The company has drilled 13 out of 21 planned wells in the Jinqiu block and will complete 21 by April 2013. The Jinqiu project achieved first gas production last September and currently has a daily output of 110,000 cubic meters. Meanwhile, Shell is still assessing whether commercial development at the Fushun-Yongchuan block is viable, and drilling at the 15 wells could start by the end of 2012 or early next year.
Shell signed in March the first production-sharing contract with CNPC to explore, develop and produce shale gas at the Fushun-Yongchuan block.
For example: RDS' integrated gas profits have more than tripled to $9 billion over the past five years. This growth was mainly driven by LNG (liquefied natural gas) and GTL (gas-to-liquids) and management projects to invest over $20 billion in these businesses in 2012-2015. After global LNG demand has doubled to 200 million tonnes per annum (mpta) in 2000-2010, RDS projects LNG demand to double again to 400 mpta by 2020 and to reach 500 mpta by 2025. In order to defend its global LNG leadership position, RDS is currently constructing 7 mtpa of new LNG capacity in Australia (which will increase its LNG output by 30%) and considers further 20 mtpa capacity investments in Australia, Indonesa and North America.
Royal Dutch Shell, Show Me The Money In Dividends [View article]
In the end I think they will find a solution. In a recent attempt, Shell contacted U.S. commodities trader Cargill Inc. to pay for its deliveries of cereals to Iran in order to settle the debt, but Cargill declined.
Shell hasn’t ruled out the option of food bartering to pay its debts.
I don't think it will affect its profitability, because in the end they will find a solution.
2 U.S.-Listed China Stocks To Buy Now [View article]
2 U.S.-Listed China Stocks To Buy Now [View article]
Chinese RTOs: What Can Investors Buy When Even 'Big Four' Auditors Fail? [View article]
Weak balance sheet with large receivables relative to sales and unwillingness to disclose customer, distributor or supplier details
I can imagine that companies don't want to disclose customer, distributor or supplier details because of competitive reasons.
But the reality is that most industries have enough consultants and cross-hiring of employees that competitors know how well a company's various product lines or divisions are running.
The Game of Shorting China MediaExpress Has Been Exposed [View article]
Most of the arguments MW claimed are already independently debunked. Why you don't verify yourself if the misleading nonsense of MW is true, so you can join the ranks of the longs.
The Game of Shorting China MediaExpress Has Been Exposed [View article]
seekingalpha.com/insta...
The Game of Shorting China MediaExpress Has Been Exposed [View article]
ccme-info.xanga.com/
I think it would be honest and respectful of MW to say:
"Hey guys, we did some wrong assumptions?"
"We were wrong on this one"
No big deal if you would ask me.
27 Red Flags for Chinese RTO Stock Investors to Look For [View article]
Personally I think it is a very good article and also the recommendations to management of Chinese US-listed companies is worthy.
Hopefully they read the story and going to act accordingly to the steps mentioned to improve credibility.
The year 2011 could be the revival year for the US China space and valuations can get more realistic. So there is a lot of upside potential for US-listed China stocks. We are ready for it!!!