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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (68635)11/24/2010 12:53:40 PM
From: kingfisher  Read Replies (1) | Respond to of 218073
 
TJ when you have time perhaps you could look into this company.
Website

zunguihaixi.com
Annual Report
zunguihaixi.com

ZUN - ZUNGUI HAIXI CORPORATION
Trades on TSX venture exchange..Vancouver

62,500,000 shares outstanding.
Working capital Can$89 million
Net income per share 44 cents.
Trades at $2.92 cents .
IPO was at $3.20 I believe.
No Debt.

From what I can see the lack of liquidity would be a problem because one shareholder(Cai,Fenqui) owns 35 million shares.
More than 50%
Also the China discount exists.
Any comments welcome.