I care & hear you guys & while I am only 40% invested in this space I am after today over 50% underwater on that 40% invested.
All of my stocks accept for jada have earnings in a strong uptrend...ckgt is selling way under stated B.V. & a p/e way under 2...hfgb same story...wkbt even worse it is selling for less than cash per share & not only has a p/e under 2 but the CEO owns over 80% of the shares & could buy the rest of the shares he doesn't own using company cash & have almost $40 million left over to run the company. uta has delayed reporting but says they have plenty of cash as well.
The one thing that really bothers me is as undervalued as all these stocks seem to be & with such growth expected from all but jada.
Why haven't they received any buyout offers from competing companies selling at much higher p/e ratios.
Are U.S. based U.S. companies allowed to buy U.S. based Chinese companies in order to get a foothold in China?
If the answer is yes why no offers?
Amazing isn't it & if I hadn't seen videos showing Chinese operations are real I wouldn't ask these questions,,I would just sell take my lumps & ride off into the sunset to enjoy my remaining days.
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