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Long Term Value Researcher

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  • Cautious on Yurun: Expecting Shares to Be Under Pressure as Situation Unfolds [View article]
    If share prices reacted in line with my view immediately every single time, then I would be sitting on a yacht right now instead of responding to your comment. I responded to almost every single comment I received on EDS. Now the company has decided to buy back, but we will see how the situation pans out.
    I think Yurun is a short until they can improve disclosure, and I have serious concerns about their accounting. That has gone in the right direction. the stock is down another 8% during HK trading and a full 16% since this aritcle was published.
    I want to be clear that I am not providing advice on short term trading opportunities, but looking at real fundamentals and expressing my opinion based on that. EDS is down big, but less than 500K USD has turned over in the last two days so I am not particualrly alarmed.
    Aug 19 01:45 AM | Likes Like |Link to Comment
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