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2morrowsGains

04/16/12 11:18 AM

#89257 RE: BigOnChina #89182

YHGG...10k is out and is solid. Book value = $12.63 w/ almost $1B in sales, over $2B in assets, and selling agricultural products to major name companies. EPS @ $0.74 for the year and liabilities continue to drop also...
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001199835%2D12%2D000218%2Etxt&FilePath=%5C2012%5C04%5C16%5C&CoName=YASHENG+GROUP&FormType=10%2DK&RcvdDate=4%2F16%2F2012&pdf=
Share price = $0.67.

You're right BOC, IR could definitely do a better job.
YHGG got all their filings in line a while back w/ what looks to be a strong Chinese auditing firm and they've continued to file ever since (even filed an amended 10k a couple weeks ago).
Also, I believe YHGG still owns the land near Victorville Ca and I think that's where they want to build a distribution center for the infant formula...

"Our operations in China continue to be successful. An important part of our long-term growth strategy is expanding operations abroad. For example, we are preparing to enter China's milk powder market by importing high-quality infant formula from the United States, utilizing our long-established distribution network across China to gain a 3% share of the infant milk powder market within the next three years."
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68085776

YHGG will be attending the New York Hard Assets Investment Conference next month so we'll see if anything exciting happens at or around that time. Who knows what happened at the last couple of conferences, but they didn't have much affect on the share price. These guys need to uplist or get a big investor/IR firm to back them.