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Re: slyestjester post# 10166

Saturday, 04/21/2012 11:41:53 AM

Saturday, April 21, 2012 11:41:53 AM

Post# of 163718

in regard to CCCL there is, I think, also a particular concern about the economy and real estate investments in China.



The reality is, they can't fullfill the demand. It's all in the filings. Not saying there is no risk, just saying people should do their DD.

Also there was an offer by an American investor group to take the co. private, along with management, which management did not seriously consider. That may have raised eyebrows about how close management wanted anyone to get to looking at their books.



Yes, people will look for any excuse to justify the low share price.
But the offer was for $7-$8 which equals 83% of book value.

Have you seen their growth rate smile

These bankers are vultures. The Board acted in the best interests of the shareholders. Which is what you would expect them to do.

I would also have told the bankers to get the hell out of here...

And if management hadn't terminated the negotiations then insiders wouldn't have been able to buy stock. As they did twice, recently.

A good stock to own although it may be a bit slow.

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