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: Tong Huang who wrote (56369)12/14/2015 8:28:51 PM
From: Spekulatius  Read Replies (1) of 78748
 
If you want to buy it, buy it after the capital raise. I bought this initial at 1 X book, but sold after a 15% loss, when it was clear that the numbers weren't going in the right direction anytime soon. This eventually should be an interesting investment, but right now, it does not seem attractive to me.

If you want to dive in, find out what their loan book looks like. I found the disclosure with British banks not that great and Standard Chartered will be even harder, because it's really an Asian bank, with a headquarter in Britain.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext