Replies to post #600 on KBS Fashion Group Limited (KBSF)

[Longer Than Most]

I decided to go long on this a while back. Mainly because their market cap was hovering around $10M yet they have $26M IN CASH. Like what. I get that Chinese stocks are always generally undervalued, but cash alone exceeds market cap by 2.5X. This got shorted to oblivion but looks like it may finally be waking, and when it does, honestly, I feel like we could have another WINSner here. This float is tinnnyyyy and saw $18 2 days after the reverse split. That is ridiculous considering today's price. Once the long term trends flip, I could see this surpassing that $20 region easily, and once that happens, well who knows