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Strategies & Market Trends : Contrarian Investing
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To: bruwin who wrote (9)9/10/2006 4:50:07 AM
From: pcyhuang  Read Replies (1) of 4080
 
BVI, a tax haven

Quote: "A "worrying factor" to me (and I haven't done an extensive study of its overall Financials) is the very low Tax Rate of NTE. It's paying virtually no Tax".

The management is aggressive in that its corporate headquarter is located on the British Virgin Island, a tax haven. As a result, the company has more cash to plow back into the business for the shareholders.

pcyhuang
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