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Somebody heard something or knew something. If there is a buy-out, it should be much higher than the current price.
Dear Venturist,
Sorry to hear that you own 200K shares. Hopefully, you will recover your money.
It is going to take a long time, unfortunatelly.
Good luck.
Northern
Hi Al,
This may take a long time. I expect that it may take a couple years. But eventually, if they want to list in Chinam they will have to buy shares back from us.
I will keep talking to them and will let your guys know.
Northern
He is not allowed to do that without disclose the financial report.
Hi KiK,
I talked to their lawyer in Shanghai last year. He asked me at which price I would be willing to sell. I told him $2 per share. He asked how about <$2 per share. I asked him to give a number. He said that he would need to discuss with Mr. Shi and asked me to call him back after Chinese new year. I have not called him yet.
ENHD was very profitable in 2010. Based on the tax number on their website, they probably earned about $1.68 per share. 2011 tax number has not yet reported on their web site. I think that they want to list in China. But it may take a long time. It is going to be dead money in ENHD for a while.
Northern
Does $2 offer work for your falks?
Yes, it is likely a fraud:
http://investorshub.advfn.com/boards/read_pmsg.aspx?message_id=71124036
Northern
Hi venturist,
Good to see your post. ENHD is a very profitable company for sure. I think that they will eventually want to list in China. If so, they would need to buy shares back from us. But I don't know when. It could be 1 year or 3 years. Who knows.
Northern
Nothing is certain. That is why it is 8 cents. But I am wiling to take some shares at 2 - 6 cents for a gambing.
Nice to know that many would take $1 per share. I may be in a position to talk to them.
Just sent to you. Let's me know at which share price your group may be willing to accept the offer.
Your e-mail address does not work.
Saw your posts. I own 493K shares. Sold some shares last year around 0.5 - 0.55. But added back 65K at 0.0398 - 0.045 in January this year. Just added 11K at 0.06. I was the buyer causing the volume if you wondered. I believe that Jim owns about 400K shares. Have not given up on ENHD yet. Still think that they will eventually buy shares back from us.
From the tax they paid last year (from their Chinese website), it looks like that they earned about $1.68 per share last year. Not sure whether or not this included the feed and breeding groups of business.
Good luck to your effort.
Thanks Minding. Happy New year!
Hi Minding,
I just sent you a private message.
Northern
They don't answer the calls. No idea what will happen. For CRJI, i am O.K. to take the cash for 0.065 per share, 34% loss for me. It is easy to recovery the loss with another bet. Good luck.
Good luck to you. One of the huge loss years for me last year.
I have just received the cash for CRJI shares at 0.065 per share.
0.065 per share instead of 0.65 per share, typing error.
Just let the board know that I have just received the cash for 0.65 per share, which is 34% loss for me. I am done with these bastards.
Hi Blue, you may see my posts on Yahoo LLEN board for what I stand. It is too early to project the share price in 2012 and 2013. If the acquisitions are successful, it will be a huge winner. but, first thing first, we need clear out smoke at first......
It was poor DD from Geo. I thought that they were doing a pretty good job before. SAIC Fling from Geo hit piece is for 2008. Everyone knows that LLEN acquired PingYi coal in in January 2010. Also in 2008 SAIC filing, Bao Guo Zhang is one of the major owners. LLEN has indicated that before it acquired PingYi coal mine, it was operated by Bao Guo Zhang.
The advertisements of the sale of PingYi coal only shows the contact person as Manager Wu, there is no list of the company name and the full name. Anybody can put up a advertisements on the internet like that.
The bottomline is that the old 2008 SAIC filing means nothing and it was before LLEN acquiring the PingYi coal mine.
No news so far. I think that it is going to take a while for the coal mine acquisition. Still around 2.1-2.2 million short shares by the end of December. I see it continue moving up.
If LLEN excutes well for their coal mine acquisitions to reach 5 million tons of coal prodcution by 2015, this will be a huge winner.
850K volume so far, the highes volume in 5 months. Share up >5%.
LLEN - One Million Tons of Coal Sale Aggreement in 2012:
http://finance.yahoo.com/news/L-L-Enters-Into-Joint-Sale-prnews-4126214779.html?x=0
It is shaping up to be a big winner in 2012 for LLEN.
I accept the offer for CRJI shares, but have not seen the money yet. It is supposed to come next month.
Waiting for the news of 3-5 new coal mines. Hopefully we will have it next month.
Good days finally come. Enjoy them!
I just gave the instruction to my broker to accept the offer. I am done with CRJI. Good luck to everyone here.
You can call (86)565-4219800 (Chinese number) based my offer letter. I don't bother and may likely take the offer.
New BFTI Presentation:http://ir.stockpr.com/befut/presentations
CHCC.OB merges with 16 times of premium. Share price up more than 400% today
CHCC.OB merges with 16 times of premium. Share price up more than 400% today.
He is not the guy in charge any way. Hard to know whether he was lying or it was behyond his control. By now, it should be clear that you can never trust the managers in these Chinese OTC stocks.
Funny that some posters here only blaim the messangers who try hard to salvage this situation, while they have nothing to contribute.
I have not yet seen the offer and don't even have one although I own 440K shares.
The offer to buy out itself is good, but the offer price is a total joke! It looks like that they want to list on Chinese market. The valuation on Chinese market should put it the north of $1 per share easily. Let's waite for a better offer.
Not at 0.065. Need a much better deal than that.
I will continue buying in the next 6 months. Good luck to you, too!
CRJI will be worth of $1 per share if the company is put on sale in Chinese market based on their productio capacity, resource, facility and earning power.