James Kar

Opportunity to Buy China Natural Gas Before Nasdaq Listing

Thanks LosORO, your comment makes me a little bit more sensitive to the detail. The company CHNG acquired is another China natural gas company, Lingbao Yuxi Natural Gas. Since there is only one natural gas company for each smaller city (government allowed monopoly), this in effect increases CHNG's customer base and thus increasing its revenue and earning power. This is also CHNG's strategy for expansion in terms of geographically.

By the way, CHNG was not delisted from the bulletin board.

Since this article is only an update so I did not include all the financial earning analysis. You can read prior article posted or go to my site for prior articles that have financial analysis.


On Feb 07 04:38 AM LosORO wrote:

> You said CHNG acquired another company but you didn't say which company
> they bought.
> Is it an American company they bought or somewhere else like China
> ?
> The company they bought can mean good or bad.
> Like BAC bought ML, you see the point ?