The company looks solid to me.
Any thought?

agreed. $86 million in cash no borrowing as of sept 30. 09 and a
positive outlook it shoud be back over $2.00 and beyond in no time and
way up there once the economy picks up. i own 10,000 shares at $1.50
and holding long long long

On Nov 18, 8:23 am, Classic <classicfitn...@gmail.com> wrote:

According to me there is no doubt that when you look at the
fundamentals, this stock is really cheap..
(cash flow just little below than  the market capitalisation, no debt,
biodiesel price recovering...)

However, when you look at the report, the figures are still bad and
moreover there are worsen than what most people were expecting,
So, I would say, this stock could go down for a few days/weeks and
then should reach a bottom and then should recover over $ 2.00 (could
take several months).

I would say if your are long, buy more in the coming days/weeks and be
patient.

Good luck for all,

This stock used to be at 17$ just before the economical downturn.
There is no doubt that it is undervalued even though times are still
rough.  The only word to keep in mind with this stock is "patience".

Even I agree to that. I am Going to load if it falls further

On Nov 18, 8:53 am, Classic <classicfitn...@gmail.com> wrote:

A word of caution is needed at this point. Most people (on this board)
justify buying GU for its cash position and lack of debt. But cash has
fallen from $140M Q1 to $100M to $86M. At that burn rate, how much
longer can the company operate without accessing capital markets
(which will surely dilute existing shareholders)? A more important
measure than cash is working capital, which was reported at $60M this
quarter.

I agree that if you had a profitable company with GU's balance sheet,
this would be a steal. But aside from cash burn, you also have to
consider the consumption tax dispute. It seems like a deal breaker: at
every plant where it has been levied, the plant was taken off line. If
that tax is the difference between runability/profitability and
bankruptcy, you have to be very cautious buying here.

At this point, I'm treating GU like a penny stock. If the status quo
continues, the price drifts further lower, and who knows where support
is since its at its 52 wk low now. For me there are two reasons to buy
this stock, the consumption tax issue is resolved and/or the price of
oil returns to $100+. Without those conditions, I think you're in a
crap shoot. Not saying you won't be right this time, but I think
you'll make less mistakes (on similar issues) if you wait for the
data. If GU is truly a great company (with repeatable profitability
and growth) and its price will return to $15, you'll have plenty of
time to get in after the facts are out. On the other hand, you might
think you stole it at $1.50 before it goes to $0.75.

Just my thoughts. Take them for what they're worth...

Hi Matt,  is there anyway to find out how things are going with GU and
the Chinese tax problems in the future?? Plus do you think GU will not
complete a deal if they keep losing money? I have this feeling that
things will get worked out sooner then later but do not know how to
find out how things are progressing. I think GU and the Government are
playing chicken and trying to see who will blink first as I imagine
that if they shut down the plants then people are out of jobs so this
might make pressure on the government to get people back to work. What
do you think??

On Nov 22, 11:53 am, Matt <mull...@gmail.com> wrote:

Normally one of your best sources of information would be the
company's investor relations group. I would try them first. If you e-
mail or call them enough times, you'll probably get a response (even
though they're unlikely to tip their hand). Other than that, search
multiple sources. If I was really interested I'd try to search Chinese
and English language articles, press releases, and message boards. You
could make inquiries with the local tax authorities in China if you
wanted to go deep.

I expect that doing all these things will leave you where you are
today: in the dark. I wouldn't really liken the tax dispute to the
government and Gushan playing chicken. That relies on both sides
having something to fear. The government doesn't feel the constraints
of business. The government could easily bleed Gushan dry one thousand
times over before this dispute would have any noticeable impact on
them. Besides, I don't think the Chinese government is nearly as
responsive to its people's needs or petitions as ours is, although I
do agree that they have an interest in full employment. As a side
note, how many people does Gushan employ?

I guess my bottom line is I don't believe you'll be able to find any
more information than is already widely known without expending a life
consuming amount of time and resources doing some intelligence
gathering. I also don't think the government feels any particular
pressure to end this tax dispute. At this point, if I own GU I hold,
and if I don't own GU, I don't buy until the situation changes. I'm
half joking when I say this, but depending on the size of your
investment, it may be worth taking a trip to China to see if this
company's plants even exist. I think the company is organized in the
Cayman Islands. Either that or the major holder Tiger Global
Management is. According to cnn.money.com, Tiger holds 6.6M shares
(7.9%) and sold 0.99M since the latest update (06/30/09). But to be
fair, it looks like some other holders upped their holdings (0.2M -
0.3M) over the same period. I don't like that Gushan is not
responsible to its shareholders. It's based entirely in China and it's
shares trade in New York.

Nothing substitutes for your own research. I hope that helps.