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Strategies & Market Trends : Value Investing
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To: Trader2015 who wrote (55344)5/23/2015 10:35:52 AM
From: Paul Senior2 Recommendations

Recommended By
Grommit
Jurgis Bekepuris

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GURE. I'm with MCsweet. I've lost too much money betting on mainland Chinese small caps that have good numbers but are otherwise opaque as to their business practices, controlling ownership interests or management side deals, legal responsibilities regarding accounting, government involvement, customers, revenue recognition practices, etc.

It's not like GURE's metrics are unique. A stock screen will turn up several other dinky Chinese companies which look very good just on their numbers. I want to avoid them all - unless such companies offer something concrete like dividends or seem to have verifiable sales outside of China (and are not food companies).

Like others here, I will avoid GURE.
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