China Growth Stocks

[Drexion2004]

Very true. I'm all for them paying a dividend but at least CCCL has a reasonable reason for not doing so right now compared to many other China Microcaps -- They are actually using their cash for very high ROI returns for shareholders, in fact they already used 20M of bank-lines for that purpose!

The companies that have huge huge cash balances sitting idle, quarter after quarter, and still do not do large buybacks/dividends are the ones I shake my head at the most.

The worst are those with huge cash balances that for some reason also use bank lines. Why pay 6-8% interest on millions when you have tens of millions in the bank and enough working-capital? Makes no sense.

-Fernando