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Replies to #9312 on China Unlimited

RealDutch

11/29/16 11:30 PM

#9313 RE: surfer44 #9312

Do you know how friggin easy it is for HERB to make the stock go up 700%? NOW, With $150M cash on the balance sheet? All they have to do is transfer half of it to the parent (what it has always done before the asset swap) and give the shareholders a dividend in the process. Then, give the money back to the company in the form of a zero intertest rate loan. It will cost them almost nothing. A lousy $8M. But the new CEO who is supposed to be a hotshot economist can't see it... And yet he gets paid $180,000 per year. This is the bloody Gansu provincial government FFS, so they have an even bigger responsibility.

And then CCCL... if they don't pay a dividend soon then I don't know who will. SIAF is actually trying hard, but they don't have the means.