SIHI-Its clear Doug thinks I'm a short seller as he now claims my actions prevent "the US and global economy from rising and growing at healthy, sustainable rates." Yes that is a quote
Anyways he still believes I need to visit facilities, talk to their employees, and observe their pallets shipping.
My concern is this, visiting facilities and meeting with management will only protect you from blatant and obvious fraud like CEU. Or sometimes it won't even do that, like with CBEH and others. Personally I'm more paranoid about hiding operating expenses under CAPEX or something else that is overstating profitability, something I'm sure happens all the time and is impossible to detect by factory visits, meeting with employees, or observing their pallets. With Sinohub and their 2 subsidiaries (Shenzhen Limited and Shanghai Limited) SAIC filings are a great place to start and I think offer the most DD. It currently looks hopeless for me convincing him to send someone to meet up at the local offices, which is the only way I can get 100% accurate numbers.
EDIT: After NIV fell they are the only consumer electronics play left, if they get their act together there's no reason this stock shouldn't be substantially higher.
AI
