Home > Boards > Free Zone > All Trading - Technical > China Unlimited

No love for CXDC. P/E 1.5 and P/B 14%.

Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
RealDutch Member Profile
 
Followed By 94
Posts 28,897
Boards Moderated 3
Alias Born 04/19/12
160x600 placeholder
RealDutch   Saturday, 12/07/19 07:49:36 AM
Re: surfer44 post# 10603
Post # of 10648 
No love for CXDC. P/E 1.5 and P/B 14%.
This is a stock that you would normally buy.

Buyout offer $5+ from 2017.

Morgan Stanley converted to 16M common shares and joined the minority shareholders. Instead of being a buyer for $5+ they could become a seller for $1.85. Probably not, but I have seen crazier things.

I think the stock could go lower.
What a mess this sector.

So, I'm not going to do anything.
Keep my HERB and some cash on the side.

---
Public Reply | Private Reply | Keep | Last ReadPost New MsgReplies (1) | Next 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist