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Message from discussion Way Undervalued
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sjiang...@gmail.com  
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 More options May 29, 4:09 am
From: sjiang...@gmail.com
Date: Fri, 29 May 2009 01:09:09 -0700 (PDT)
Local: Fri, May 29 2009 4:09 am
Subject: Re: Way Undervalued
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Right now you could liquidate this company and gain a profit from it.
This one is like sears holdings, worth more dead than alive. Makes me
think of the stories about the great depression. Apperantly you had
also a lot of these skeleton companies in that time. I wonder if the
FED has got something to do with this one too? oops...shhhuuuut ;-)

On 25 apr, 00:02, bubaghanu...@gmail.com wrote:

> 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.- Tekst uit oorspronkelijk bericht niet weergeven -

> - Tekst uit oorspronkelijk bericht weergeven -


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