Replies to post #1699 on Cavico Corp (fka CAVO)

[JohnSmith1]

Well, you have to understand that what drove the stock from 61cents to 58cents was $4,000. This is a very shallowly traded stock. If you think of it you can drive the price + - 20% on a couple of grand. Wait till more eyeballs are looking at this name then it'll resemble a real co. But that's when it will have audited #'s and... it will be a real co.

We are all waiting for more info.

This could be a 10 bagger in a years time

[Wang Hing]

I think you mean the upcoming listing of Cavico Mining in HCMC.

This is a listing of a 50% subsidiary, so does not provide any valuation guidance for CVCP itself. Also the price you quoted is the par value of the Cavico mining shares, all shares in Vietnam have a par value of Dong 10,000. They should trade at a substantial premium to this amount. Just a note also when a Vietnamese company declares a dividend they declare it as a percentage of par value. So they may declare a dividend of 40% this is in effect Dong 4,000 however the share price may be Dong 60,000 which does not give quite the same return.

I am in Maddog's Camp on this, only profits riding now. I have to admit to be a little shocked at some of the views on PRVH. This as far as I am concerned is the biggest negative to Cavico. Wish you guys luck with this one, I worry that getting out may be a problem, as the market cap is not much more than a decent lunch.