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Wednesday, August 03, 2022 7:00:14 PM
At very best the only thing you can have concern about is if they've exaggerated their revenues.... Which as Said many times even half of what they say they make is more than enough to make them significantly undervalued. Big lose all by itself would make the price fair.
And when it comes down to it, after the great China hustle of the 20teens, Many of those companies had authented financials but were still found out to be bogus. Audits done by franchises of One of the big 4 US based accounting firms. Yeah so basically even if this does get an official audit, I'm guessing certain posters will say it still doesn't count because it's an overseas company. ... want to make any bets on that happening?
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