China Unlimited

[RealDutch]

I read your comments on Seeking Alpha. I had the exact same thoughts as you.

The upper bound of their revised revenue guidance means that the maximum revenue they predict for Q4 2019 is around $163m. Traditionally, 4Q is a good revenue quarter and it amounted to $350m in 2018. Their revised maximum guidance on revenue would mean a decline of more than 53% in Q4 revenue. The lower bound of their revenue guidance would even imply negative 4Q revenue. In both cases they still expect Q4 to be profitable (see revised net income guidance). This does not make sense at all