Replies to post #12517 on First China Pharmaceutical Group Inc (fka FCPG)

[novicetrader1]

LOL, I have been there before TTjack. Thank you for posting the Google Earth co-ordinates. That facility would seem on par with the this statement posted with a hiring notice

Company has made the Internet drug trade service qualification for establishing Internet-based medicine laid the Foundation for modern pharmaceutical logistics platform for e-commerce. At present the company in Phuket, Kunming wuhua district invested 120 million, building a large and occupies an area of about more than 40 acres modern medicine Logistics Center-"Xinyuan pharmaceutical logistics center", there are large solid pharmaceutical warehouses that meet GSP standards, fully automatic sorting line and supporting the electronic tag system, RF system, WMS, Erp systems and medical e-commerce service platform. Xinyuan medicine Logistics Center will be completed and put into use in late 2013, when completed will have $ 5 billion in medical sales scale of service platforms

Good to see you post. The only question I have is will Wang honor the share structure. As I have not seen any dilution on First China's part, I believe he will. Wang's main focus is to finish this facility, which will meet the government next level of GSP requirements. The company (builders) are experienced in building these types of facilities.

Our payoff is a buyout, IMO. May be next year, or not. But one thing for sure, this company is getting more attention as Wang and Gong spearhead distribution changes in China.

Go FCPG!!!!

[Chargers Beat Writer]

The building does appear to be huge. Just a few cars in the parking lot was my initial concern. Then I noticed there were almost no cars in any of the surrounding parking lots. The picture could have been taken on an off day.