Replies to post #1212 on YaSheng Group (HERB)

[RealDutch]

There are also stories in China that say that Yasheng has no hemp

Haha. A company the size of Yasheng with 15,000 employees or $140M of free cash flow (take your pick) doesn't need to create a fake story regarding hemp. The reality is that these are all development stage companies (joint ventures), whether you are talking about the Hemp, Angel Star, Mining, or any of the other stuff. This is Yasheng's playground, and they are not even consolidating those assets on the books. So how could anyone claim this is a hoax? There are some funny people out there.

Excluding all that, you get a P/E 0.5 company with $140M of free cash flow, trading at 3% of book. But all people care about in the US is Hemp.

We'll have to wait and see how all of this develops and where HERB decides to invest all that money. But they will undoubtedly use Yasheng Group as a gateway to export hemp to the US and import powder milk into China.

Put your money on one or two major developments here. Who cares what they do. I certainly don't.