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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: TobagoJack who wrote (51294)6/28/2004 10:33:23 AM
From: Seeker of Truth  Read Replies (1) of 74559
 
Hello Jay,
A while ago you happened to mention 0682.HK, Chaoda Modern Agriculture. The vista seemed fascinating but I decided not to buy the shares because they won't actually own anything. Anybody else with agriculture know how can also get into the business. They have no secret technology or patentable stuff. So the trend may be enormous and great for the poor Chinese farmers but investment-wise I can't see it. Meanwhile the price of the shares has been steadily declining. Do you have any opinion?
Chugs,
mb
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