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From: bubaghanu...@gmail.com
Date: Fri, 24 Apr 2009 15:02:59 -0700 (PDT)
Local: Fri, Apr 24 2009 6:02 pm
Subject: Re: Way Undervalued
The fundamentals are great, but management is corrupt. Listen to their
April 15 conference call. I don't remember the exact numbers, but the company bought a company/assets at a way inflated price from XING's own CEO. Book value per share was cut in half instantly. Listen to the conference call... the fact that this stuff goes on makes me very wary of investing in Chinese companies. On Apr 3, 2:02 pm, Tom Corson-Knowles <tcors...@gmail.com> wrote:
> This stock is incredibly undervalued. It's selling for less than 25%
> of it's cash net of all liabilities, not to mention its incredibly > valuable 69.9% ownership of QXM, who's market value is over $100 M > (which is also selling for less than its cash net liabilities) and not > including the value of its core businesses. You must Sign in before you can post messages.
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