China Trading Stocks

[kindama]

Re: LIWA

Had credible hit pieces and credible rebuttals. I know some investors have visited the company in the past year and been convinced the business is real.

It's hard for me to grasp how the company makes so much money from a relatively small amount of PP&E and what seems like a simple business. $47mm of PP&E is the source of $900mm/year of revenue and over $50mm/year of net income. Can I buy some of those magic money-spewing machines?

I don't know any comps against which to benchmark performance (the useless 10K explanation is "our primary competitors are PRC domestic companies. To a lesser degree we face competition from international companies").