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roguedolphin

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roguedolphin

Re: northenlightsk05 post# 89201

Tuesday, 12/04/2007 7:07:31 PM

Tuesday, December 04, 2007 7:07:31 PM

Post# of 173778
CHCL.....whatever happened to that Chinese company....China Continental?? They were considered a Chinese "value company" years ago when I owned it. Made a few decent buy low/sell high trades on it then it seemed to disappear.....poof!

They were supposed to have loads of cash (was it 12 million?) and owned the land or mineral/water rights to the land( allegedly?) on a million acres or so of Mongolian land......

I wonder whatever happened to them? I always have wondered what Chinese company goes "poof" next just like the old CHCL??

Buy 'em low and give 'em rightfully low P/E's because of this. Unless they have significant and intelligent or smart institutional sponsorship.....I really can't see trusting them(Chinese micros) very much.




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