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RealDutch

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RealDutch

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Re: semiferrum post# 1825

Friday, 06/02/2017 9:03:37 AM

Friday, June 02, 2017 9:03:37 AM

Post# of 9444

How can you claim that they have already the cash to buy minority stakeholders out ?



Easy.

https://www.sec.gov/Archives/edgar/data/1123312/000165495416001871/yasheng_10k-16952.htm

Other receivables 111,875,965 (Due from sister company)
Minus 45,666,684 (Due to sister company)
= $66M

Add 12 months cash generated during 2016. In a bad year it's $100M and in a good year it could be $150M.

Total = $180M

Add another 5 months in 2017
Heading towards $300M by the end of the year.
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