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In fact I'm calling this as a definite fake as it looks nothing like other real Lentuo job ads and even says 5S shop instead of 4S shop. Be careful out there as there are scammers who pump stocks with fake information. I just wish they were more successful as I need this stock to go up!
Unfortunately this website is a microblogging site and not an established recruitment site and there is no link to one so could be fake
I do hope you are right and think the 2nd hand car idea is brilliant as the new car market is very crowded and some dealers need to go. There are around 10,000 4s shops in China.
Wow, that's really interesting and let's hope it's not just a mistake!
It's the NYSE!!!
There was nothing wrong with the website ads when I checked it both on mobile and PC. The only thing I can suggest is that the ads are based on your recent browser history and search history using cookies so I do wonder what websites you have been visiting
Yes, I agree. Hetong Guo is the Big Money making business man. He do know how to go about making it, and how to bring together the companies that he need to put together and make money. He know how to help raise capital for these companies that they will need to do business together. This time around he just need the right people around him who know how to manage a business when he put them in charge, while he is out looking for other ways to make more money.
IMO, you're right about the class action law suit. It's all about money. The accusations did not stop Lentuo (Guo) from continuing with its business plans. It just got lentuo kick off the DASDAQ for now, for ignoring the SEC. It did not stop lentuo from continuing on with its business JV plan. We will be back. Much bigger then we were before the grey market.
Im,o also, I do believe we're going to be present with a tender offer very soon.
Come on guys maybe it was just a mistake. Ive read this same news from elsewhere but as i said I think it means Lentuos recent cash problem. Guo is still the maN I trust. Cold blooded business man who doesnt give a f what people think in short term. All he thinks about is how he will cut costs and make it big in long term.
I think this investment screams buffett. If you are a young warren you buy part of Lentuo because you see value where others dont (huge profits) and if you are old buffett you buy the whole business and make a nice profit instead of huge.
Thanks, I was hoping I hear something like that.
They don't have a lead plaintiff as of now which probably means there will not be one. I've seen these class-actions with plenty of companies far larger than Lentuo. They just want $$ IMO this will blow over and this is what LAS is waiting for to release something. All in my humble opinion of course
Bingo! If you want to learn what Lentuo is doing, try doing research on his partners web-sites. I have others helping me with my research. Lentuo is very active in this JV commerce. Since they're on the Grey Market.The Companies restriction is very limit in the Grey Market. They don't have to report all their business activities to the SEC or the markets. Guo is pulling most of the strings here. Not the CEO.
Last Night we view Lentuo Dealerships and services on the image maps. They're all in operation. There is a mass load of used automobiles being shipped to Lentuo. Plus UXIN is auctioning automobiles for the JV.
beijing.youxinpai
beijing.bitatuo
That class action lawsuit is still worrying to me. What could be the worst case scenario result of this lawsuit? Anyone please.
As for the form 20F NT, in 2014 they filed this form on 2014-05-15; so let's expect them to do the same this year, around the same date.
I'm expecting a lot to happen after the class actions lawsuits expire.
Oh my good.http://www.wtoutiao.com/a/2625536.html
Open job but look at the homepage below? Www.bitauto.com?? But job offer is lentuos?
Las failed to file 20F NT form, that was due April 30th. Not a good thing, no matter how you put it.
I have nothing to do with bullrider. I understand your points of view as well, that news posted was also on other pages. I believe it means investors running away from autobusiness (Lentuos case cashproblems - > stock crashing).
When it comes to debt Im still with bullrider because last year after 9 months total current assets were almost as much as total debt so it leaves all non current assets if it all comes down (not quite but almost). Nobody knows how much debt they have now after half a year, but still Guo is a powerful man.
Have a way lot more shares (i have pushed price a bit lower by buying for a nickle)
This is very old news from August last year and January this year
This is a repeat story from 2011.
You're not fooling anyone by posting with multiple IDs bullrider2
You've forgotten completely about the debt which is at least $300M that we know of, probably more by now.
Someone is really trying their hardest to bring down the pps. I had a buy order in @ 13. It skip me and went down to 7.
Someone is really trying their hardest to bring down the pps. I had a buy order in @ 13. It skip me and went down to 7.
Thanks G, damn I forgot we're still in old China. At lease we own the awesome very valuable automobile dealerships buildings on some of Beijing China Prime real estate.
Lentuo owns the buildings and not the land.Land is owned by China in China.
Agree, Lentuo International own a great deal of valuable property in prime locations thru out Beijing and the surrounding areas. Plus Lentuo did build very nice building on these properties. I have spent a lot of time exploring these properties on the web. The company's dealerships and service centers properties are awesome. Many of them are very upscale properties in prime locations.
Worth a whole lot more than $3 a share.
Quite interesting outlook on car business in China (below) and why there is so much problems at the moment. Obviously there is deamand, low margins and lots and lots of cash tide up in business (Lentuo = cash problems). Allthough it doesn't mean that the business is not worth a lot.
Lentuo is a awesome opportunity for someone to takeover (someone who has capital). Its like buying 160 million worth facilities/properties -50 % (if offer would be in range 2-3 $).
http://wechat.fingerdaily.com/thread-112732-1-1.html
The leader has help to enlisted a new player to help the JV along. Our own it the big player in the JV. Lentuo International wasn't and is not its biggest investment. Just one of the main stepping stones needed to pull off such a big business deal probably since its existence. A Beijing reporter is digging up a lot of info on our leader. He help to enlisted one of the biggest players that has join in helping this JV. I give you one hint...the company enlisted is one of the biggest in Beijing, and also has a ticker in the US market.
The company is the ring leader of this new organization. Lentuo. Founder is in a whole lot of Stuff.
Next rental business! I translated beginning to english (google translate -> bad quality)
United Tinto Group announced plans to enter the Beijing car rental market. United Tinto Group, said the Beijing municipal government departments to get 1181 new car license issued by the company before, these licenses can be used for household rental vehicle. This number accounts for 5.7% of the total Beijing car rental market.
http://www.4ask.net/daikuan/chedaililv/10220.html
Lentuo JV partner $bita shares is up to 6% today.
The over all China market is on fire according to the CNBC and Bloom news reports.
No, I sold my $PZOO. I sold My shares of $BITA I bought yesterday, today. I traded that stock three times this week. What is the pps on $PZOO?
Bullrider still holding any $PZOO ?
When The 3 companies push this business to become the top owner and seller of pre-owned cars, I'am planning on staying around a lot longer then 8 dollars a share. Pick up 10K shares today. "LASLY" is going to be my "Cash Cow". I hope to see you during the celebration when we're made public again with big headlines. Plus the drinks will be on me.
I appreciate all the positive news going forward with Lentuo Int'l and I do believe we will be rewarded long term. I have a huge stake here so while I do agree on your reasoning for Bitauto leaving Lentuo out of its reports and news, do you have any idea of a timeline when we will here from management. IMO we will here something after the May 15 deadline these leech sucking law firms have declared.
John If you don't have time to do the heavily deep research and have professionals to help you. Try checking in on Bita web-site. They're now a license registered Jv (commerce) business with Lentuo and Uxin. imo They're trying to keep things quiet with Lentuo, because of the Class action suits.
Bitauto Holdings own 20%. Bita has over a 4 billion dollar market cap. Bita has to report its financial. Its trading on the NYSE.
When I fine or receive any more news I will share it with the board.
So, LASLY is gonna probably stay a whole six months without any news what so ever, if that happens, why stop there and just never put out any information.
How can I believe what you are saying....don't understand a word of the link...lol hahaha
Thanks for the info, no doubt re-structuring is on-going.
http://www.allzhaopin.com/zhiwei/job3712682.html
IR Assistant. Experience in US listed company investor realtions is preferred.
Thanks for the response and info.Very positive developments taking place.
Thanks for the response and info.Very positive developments taking place.
What I think about the BMW dealership. I think it will be a good source of revenue for the company. I don't know if Bita and Uxin is going to be part of this deal or not. My opinion I think the biggest deal is in the Registered Joint Venture or (commerce). If they work together like they planned. I can see Lentuo coming out at 7 to 8 dollars a share.
Hello rakp, Yes, the BMW deal is still on. The company did get approval to open the the dealership in Gaobeidian. The of the problems that contribe to the slow down is waiting to get approve by the China official, the administration of industry and commerce officials. The company now has that approval. Lentuo has several different projects they are working. My research and help from other professional has discovered. Lentuo was waiting on the approval for the joint venture between Lentuo, Bitauto Holdings, and Uxin. The company release this information to market about a JV in August. There was delays in getting the JV approval. In January 13, 2015 The Market received a PRNewswire of the officially registration with Beijing Municipal administration of industry and commerce.
Lentuo, Bitauto, and Uxin is now an officially registered. The Joint venture project suppose to had started in December of 2014. The companies were not allow to JV without the approval of the Chinese official.
Lentuo, Bitauto Holdings, and Uxin is to become the largest pre owned cars JV in China. Each company is bring something to the table. Lentuo is bring its Sterling reputation, dealerships (locations), CADA license and ect. Bitauto holdings expertise in online/offline advertising, locating pre-owned, getting the merchandise that need for business, and ect. Uxin is to provide their expertise experience in auction pre owned cars on line or at the dealership location that has been on the market for at lease 45 days. The companies was to generated 1.2 billion dollars by the end of 2015, but the delay in getting China official approval and registration slow things down. Lentuo own 60% of the JV, which would had created over 700 million for the company by the end of 2015.
P.S. The companies has the Official Registration its a go. I'm buying more.
What about the BMW deal? Is that still on or not because that would have a big influential on future revenues,don't you think?
Lentuo and Bitauto holdings is in a signed contracted with a third party that also have 20% investment in the JV. The 3 companies is still working together. The company started to get so much heat from the class action suits being file against it. Lentuo has a great reputation that has to be kept in great standard. The company is awarded for good, great, or excellence services in the auto dealership in Beijing. Bitauto is bring its auto online/outline design and advertising to help sell auto. The third party is bring in its superb auction expertise to auction used vehicle more quickly that is not sold on line or dealership.
The companies decided that it is in the interest for companies, for Lentuo company to volunteer to go on the grey market (dark). So the Three can continuing in executing their JV together. with out interruption from the SEC or answer accusations from lawyers. The companies is working very hard together. The companies expect to generate 1.2 billions in sales and repair.
The new job listing for the company is for the opening of a new location(s). This is not a rumor. We're going to be rewarded. the company is sitting up for larger revenue growth.
Nice how did you find this?
$BITA = Bitauto (Holdings) HLDGS LTD Sponsored ADS. They a 20% share JV with Lentuo.
These Chinese stocks should come with a sign that says "not responsible if you feel greedy an hour later" lol
good trading bullrider
Bought 125K @ 81 for today's pick. You didn't sell with such a high o/s and float on $OSLH. Someone could have made a nice profit. It could go back up. Lasly is still my future "Cash Cow".
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