YaSheng Group (HERB)

[Emilez]

Positive that they managed to fila a 10K at least. I must admint I missed it or didn't think much about it when it was filed. Just noticed that the CEO was changed.

I also think we retained Angel Star. When they get approval to market it in China, they will acquire a majority stake (currently only 50%) and ramp it up quickly. Account Receivables will go up, fast. Meaning, they will need a significant chunk of the free cash flow from the plantations, just for that.

Interesting if Angel Star can generate a lot of free growth later on.

Other than that, I think we are on our own. The market will have to discover this gem on its own.

Is it really a gem when they don't seem to have any interest in dividends or share buybacks? Surely no other investment could be better for shareholders than a share buyback? Seems they don't care about their shareholders.