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Strategies & Market Trends : Value Investing
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To: Spekulatius who wrote (36463)1/14/2010 11:27:11 PM
From: Paul Senior  Read Replies (1) of 78746
 
CSKI. I have no idea of what its "Chinese balance sheet" looks like or where to find it.

I rely on the statements I read. If this link correctly uses what CSKI reports to the SEC, then I'm going with that, and the stock is still within buying range as I view it:

si.advfn.com^CSKI

That said, my comfort level with the reports from any and all of these Chinese companies is very low, so my positions are small. It's one thing to lose money when trust assumptions are low and bets are made nevertheless.
It's quite another, and more financially painful, imo, to have believed in USA accounting rules/regs and enforcement, only to have encountered bigger losses from that when the crooked USA managements and/or lax SEC enforcements are exposed.
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