SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: InvestingInChina who wrote (30726)4/21/2008 4:31:41 PM
From: MCsweet  Read Replies (1) of 78676
 
For a dirt cheap Chinese company, look at ETLT. But I definitely don't trust the accounting. If the financials are legit, this is a no-brainer buy. I don't believe they are legit. Company has legal issues and the market price (way below book with low PE) is telling us that there is something fishy going on. Whoever is trading this stock certainly knows more the situation than I do.

IMO the accounting on micro-cap US companies is much more trustworthy than for Chinese companies. There are obviously some bad apples everywhere, but I think you have much higher potential for corruption in Chinese micro-caps.

If anyone can ascertain ETLT that is legit, I would love to hear from them.

Thanks,
MC
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News