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Replies to post #1943 on YaSheng Group (HERB)

Replies to #1943 on YaSheng Group (HERB)

RealDutch

01/20/18 4:25 PM

#1944 RE: davedavedavedave #1943

I think they swapped out that part of the business. So all that is left now is the 5 plantations. I believe that a going private offer is the most likely option. And if not, they have to show us the cash on the books somehow and what the plan is. Otherwise cash will go up by over $100M every year and nobody receives a cent, including parent.

The thing that keeps me here, besides the low valuation, is the fact that it doesn't have a VIE. And they have the cash to do anything they want to. So I can't help thinking that something good should come out of it.