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


To: Dan Meleney who wrote (39165)9/8/2010 10:20:44 AM
From: Paul Senior  Respond to of 78748
 
Dan Meleney. On balance I'm unhappy with performance of my Chinese stocks. While I have a few multibaggers, I also have many more down 50 to 90%. The ones that are down now, when I bought them all had numbers with low p/stated bv, low p/e, high roe, growing reported sales.

So many of these companies have issued new shares which have diluted and otherwise adversely affected their current shareholders. Perhaps the company managements see the growth possibilities in their country, and this is their way of raising capital and preparing themselves.

I like some of these companies still, but I'll take my losses at this point.