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Sunday, April 22, 2018 7:36:33 PM
On another topic. Not knowing if anyone here has invested in companies based in China, that are government controlled, I just want to share some info. Many times the government will subsidize a government controlled company and then there are other times when they will stop investing and the company will file for bankruptcy.
I have made money on a Chinese government backed bank and I have lost money as well on a government backed solar panel company as well. The problem that occurs is that there are financial firms, that still cannot recommend these stocks to all of their clients, (it depends on your level of risk), because it is very difficult to ascertain actual cash flows and debts. On the plus side when a company is favored, they have access to capital that they normally would not have if they were still private and independent.
Eontec, appears to have positive revenues. They may be expanding. LM is still a new material. It is not anywhere near mainstream. Every part they make needs it’s own mold, no matter who makes the part. Unless they reach a contract on a part that requires millions of orders for the same part, they can only slowly build momentum from pennies to a dollar.
I hope all here has a better grasp of why it takes time. But no one here should ever give the CEO, or it’s executives, a pass at anytime for not releasing PR TO IT’s SHAREHOLDERS to keep both shareholders and non-shareholders informed as to what they have done, what they are doing and what they are trying to do. Shareholders, be they long term or short term should not have to wait 3 months for any sign of change. If it not worth reading any new news in a PR, then it is not worth reading in a blog. Blogs are opinions and do not carry the same weight as a PR. The shareholders do not want fluff, they want facts.
Can anyone imagine being asked to invest in a company that just puts out PR only for a 10q or an insider trade or an open house every two years? No? Well guess what? We have. We all must be geniuses!
Good luck to all.
2018 time for a sale. Time for PR.
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