YaSheng Group (HERB)

[RealDutch]

It's an interesting company. They want to grow internationally. They already invested $20M in mining rights in the US. And I read in one of the past filings they want to invest $50M in mining projects. Then there is Angel Star, which they are probably ramping up already. And an aquaculture project in the Phillipines. And more.

So, they want to report. But here's the ironic part. Suppose all that has changed. Suppose the growth story is dead and they go dark. Then HERB's subsidiary (Asia-America trade company) will be "stuck" with $150M in free cash flow every year from the plantations. And what they did in the past was, pay that as a dividend to the parent company. In which case we would get our fair share. Which would truly be massive.

That's why I am not really concerned. But frustrating for sure. I need/want some cash flow too.