Replies to post #85023 on China Growth Stocks

[Drexion2004]

LTUS: Cracked me up, total POS.

So wholesale revenues are down and cost-of-wholesale-revenues is up like over 50% YoY?

Their almost out of cash now and total current assets are way below total-current-liabilities?

Heh, I wonder how they will explain this insane difference in numbers compared to last year.

I've been negative the name since late 2009 after speaking to the previous CFO -- I feel kinda justified now (chuckle).

-Fernando

[researcher59]

LTUS - it could be that the numbers are simply getting more "real" than a year ago. The same may apply for many other China microcaps .....

Even on these weak results annualized, the PE is a mere 2+ ....