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To: Jurgis Bekepuris who wrote (47165)3/23/2012 12:51:46 PM
From: Paul Senior  Respond to of 78667
 
I don't follow GAME, SNDA. Repeating a point, my opinion is that if Chinese companies are mainland-domiciled and pay a cash dividend, they might be worth a small bet if the usual metrics are in place. If they don't pay a cash dividend, if the metrics are good, if the cash is "supposedly" there, then for me, I'm just going to assume the worst and move on. And when the dink small companies start en-mass to pay cash dividends, I'll be especially cautious about re-entering. Assuming fraud again.



To: Jurgis Bekepuris who wrote (47165)3/23/2012 4:45:48 PM
From: Dale Baker  Read Replies (1) | Respond to of 78667
 
If Company A owns 73% of Company B's stock and uses that control to pay a giant dividend, which Company A receives 73% of, isn't that just draining the subsidiary of cash to benefit the parent?

Seems like GAME should be consolidated in SNDA's books already but maybe that's not required in China.


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