Replies to post #56069 on China Growth Stocks

[ratobranco]

LLEN - Is it true that they are staying with Kabani for the next year? I thought I had read that somewhere. That's what has kept me away.

If so, their hesitancy to move to a top 4 auditor, or at least someone other than Kabani, tells me they aren't confident in the legitimacy of their accounting. They need to stop with the BS PR's from Dave Gentry and so forth, and step up to the plate. Nothing to talk about, just hire a top tier accounting firm as auditor.

With that said, I like the CEO and I certainly don't believe the company to be a fraud.

[Drexion2004]

LLEN: You know what we call that? A buying opportunity in the making ;). Not a buyer of LLEN yet personally, but the PPS is starting to get attractive to me for a mid-term length position.

-Fernando