Replies to post #9409 on YaSheng Group (HERB)

[RealDutch]

Yes, it's way too cheap based on net assets.

They have a bunch of off-balance sheet assets as well, as I pointed out recently in the annual report. You are going to find this quite shocking. This is from the DEFM14C filing in 2015 (page 11) when they swapped out a bunch of subsidiaries in exchange for 5 high value plantations.