Replies to post #992 on CDC Corporation (CHINA)

[Sultan]

I hope to see serious insiders buys or serious buyback by the company considering where this is trading.. Under cash per share for god sake.. Truly pathetic if they don't step up to reduce shares significantly..

[MrBankRoll]

Plenty of cash to weather the storm.......

“Also, the company continues to have significant reserves of non-GAAP cash and cash equivalents. For example, as we last reported on August 7, 2008, CDC Corporation finished Q2 2008 with non-GAAP cash and cash equivalents of more than (U.S.)$230 million and generated positive operating cash flow in both Q1 2008 and Q2 2008 of (U.S.)$5.3 million and (U.S.)$5.6 million, respectively. We believe we will continue to generate positive cash from operations. The company also believes it is in an extremely fortunate position to have such significant cash and cash equivalent reserves to assist us in weathering this difficult economic environment."