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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (37583)	4/26/2010 12:07:59 PM
From: Jurgis Bekepuris	Respond to of 78957

The current problem with SPU is its secondary. I don't like dilution and most Chinese companies dilute like crazy. I usually sell the most egregious ones and keep the others. I'll think what I am going to do with SPU. I am not interested in HOGS due to ethical reasons. I'm pretty sure I looked at the others on your list, but I don't have my notes on this computer - will comment later when I have them.

To: Paul Senior who wrote (37583)	4/26/2010 11:55:06 PM
From: Jurgis Bekepuris	Read Replies (1) \| Respond to of 78957

Short comments: SEED - losses, avoid. GRO - accounting issues in 2008, do you think they fixed all the issues? ALN - I may take a closer look SIAF.PK - not current on reporting? avoid. YHGG.PK - not current reporting. avoid. HQS - low ROE, skip ADY - not cheap.

To: Paul Senior who wrote (37583)	4/27/2010 5:10:27 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78957

YHGG. Seeing a more current earnings statement (last was 6/'09) would provide more confidence in the company or stock. They have over 15,000 people and $1.7B in assets, so it's a somewhat concerning that they can't or won't put out a current financial report. Otoh, in .08, company earned $.49/sh.; their estimate for '09 is or was .50/sh. I believe they should be able to make it based on '08 performance and '09 first half report. Stock has been on a ride: finance.yahoo.com Still, at current $2.75/.50 = 5.5 p/e, that's too low for a substantial Chinese agricultural company that I assume will have stable or growing demand for its foodstuffs. I'll step up for a few more shares today. Small position until financials are issued. finance.yahoo.com