Hopefully these rennovations will be completed soon and will...

Hopefully these rennovations will be completed soon and will translate to higher earnings....its worth noting that earnings would be healthy in the absence of rennovations. I just wonder, if these were part of the parent company's agreement with stores why they were not recorded as a liability on the balance sheet.
I appreciate those that are hanging on to their shares. I still believe that the motive of the company is to buy out Aussies for a bargain when everyone gives up on the company. Ive seen this happen with a comparable Chinese company listed on the ASX TYO. Still perplexed about how holders in this company and TYO could assume fraud and assume that auditors are not capable of checking out stores in China. Gen X and baby boomers....its not that far away they know the stores are real! Just looks like there will be an easy buyout of Aussie holders in this case with the IPO an easy cash grab.