Energroup Holdings Corp (ENHD)

[v80alue]

Today's news FSIN going to private (similar to HRBN), together with FSIN's president Wenbin Wong is on board of ENHD. Is it possible for ENHD go private at this point? I would if I were Mr.shi. In fact it would make more sense for Chuming to go private first, then list in HK or China market.

Look at how much US market have given the best multiple to HOGS and OINK, compare to what China and HK market would give to Shaunghui and Yurun. See the the old PPT (page 20).

http://www.sec.gov/Archives/edgar/data/766659/000114420408011578/v104808_ex99-1.htm

For past 3 years, the difference between the two markets are 2x and gettign worse for Chuming. What is the point of doing RTO or even IPO in US?