InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,460.48
(
-0.41%
)
US TECH 100
19,181.60
(
-0.43%
)
Dow Jones
39,118.86
(
-0.12%
)
Brent Oil
84.85
(
0.00%
)
Bitcoin
61,601.32
(
1.17%
)
Post# of 94785
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (5) Keep Next 10 Report Keyboard Shortcuts
Replies (5) Next 10 Prev Next

swampdonkey

Send PM Follow Ignore
Followers 7
Posts 726
Boards Moderated 0
Alias Born 08/09/2009

swampdonkey

Re: Traderfan post# 67712

Wednesday, 01/12/2011 9:41:05 AM

Wednesday, January 12, 2011 9:41:05 AM

Post# of 94785
The SA article and those that will undoubtedly follow will kill of many china names this year fraud or otherwise. The illiquid small co's will suffer the worse and those obscure co's such as CKGT or BSPM of which i own will simply languish

The flip side will be the flight to quality and i believe it will be significant. The likes of CCME will flourish and start to attain reasonable multiples. By reasonable i mean in excess of 20X. In CCME's case it will be much higher in 2012

Thats why CCME occupies 70% of my portfolio will probably off load many of my smaller china holdings shortly
Public Reply Private Reply New Post
Keep Last Read
Replies (5) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (5) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up