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

To: Trader2015 who wrote (55344)	5/23/2015 9:10:56 AM
From: MCsweet	Read Replies (1) \| Respond to of 78740

GURE, I once owned the stock years ago. These guys have had many years to do something for shareholders but I never saw them do anything. If I recall correctly, they have announced shareholder buybacks in the past but never followed through. I am not against all Chinese stocks. I will buy them, but they have to "show me the money" (dividend or buyback) and make other good financial decisions. If management won't run the company in my interests, the balance sheet doesn't matter so much IMO. That being said, I wish you good luck in your investment. If you notice they actually implement some shareholder friendly actions, actions that show they can be a good steward of capital, I might follow you in :) Good luck, MC

To: Trader2015 who wrote (55344)	5/23/2015 10:35:52 AM
From: Paul Senior	2 Recommendations Recommended By Grommit Jurgis Bekepuris Read Replies (3) \| Respond to of 78740

GURE. I'm with MCsweet. I've lost too much money betting on mainland Chinese small caps that have good numbers but are otherwise opaque as to their business practices, controlling ownership interests or management side deals, legal responsibilities regarding accounting, government involvement, customers, revenue recognition practices, etc. It's not like GURE's metrics are unique. A stock screen will turn up several other dinky Chinese companies which look very good just on their numbers. I want to avoid them all - unless such companies offer something concrete like dividends or seem to have verifiable sales outside of China (and are not food companies). Like others here, I will avoid GURE.