Replies to post #9507 on Zhuding International Ltd (ZHUD)

[Diversified]

Yep. Significantly reduced liabilities and made 2 huge CASH investments to better the company that will remain as assets. All while revenues are significantly picking up per the company.

[GenericGatsby]

A good point to consider. I can't look right now, but do you know or remember if that was cash spent on big stuff like buildings and equipment or where they just stocking up on staples and paper? I figure they are profitable right now, which is nice, but growth and expansion requires upfront money spent.

Secondarily, the pandemic hasn't exactly facilitated a global economic climate of booming prosperity. I can't judge them too harshly for not making a super return on that 80% yet.