samcat

KHD Humboldt Wedag: Continued Strong Growth; Tremendous Future Ahead

I have held KHD since it was a spinoff Swiss bank from paper producer Mercer (MERC). The Swiss bank became a collection of misc. investments that also were spun off to share holders. The Swiss bank bought KHD, gave the shareholders the European REIT, and moved back to Hong Kong, where the original MERC had had its working offices before the Chinese retook HK. KHD has been always an excellent investment because the company has been run by top managers. I'm not sure who still controls the cash cow of iron ore near Duluth MN. Anybody know?