The lack of updates troubled me during the past six months or...

The lack of updates troubled me during the past six months or so, which gave me the feeling that things were not going well. So I sold out at a loss. No big deal.

This quarterly confirmed that feeling I suppose. Still very surprised how low cash receipts have become. Cash receipts have now halved in the last two years.

Mr Xu has horribly managed the business since the IPO, especially with so much cash in the bank.

I might think of buying back in if they show some turnaround, but I still think the SP remain fairly low until that time.