Replies to post #9872 on China Trading Stocks

[kindama]

Re: SPU

I'd be wary of basing an SPU investment on "cash" or financials since the CFO left and it looks like his replacement has no international qualifications.

Worth noting that the stock has a market cap of $9mm and according to today's news an investment fund just paid $20mm for 26% of the Chinese operating business (implying a value of $56mm for the 73% retained by SPU).

http://finance.yahoo.com/news/skypeople-announces-share-transfer-subsidiary-120000699.html