TB8 tianmei beverage group corporation limited

What explanation did they give you Ben? They are so profitable...

  1. 564 Posts.
    What explanation did they give you Ben? They are so profitable why do they need to keep $ for expansion when the plant is almost finished ($2m) and marketing expenditure was covered by increased sales.

    Oh they also paid for the building lease a couple decades in advance upfront. No cash out for that for the next decades. That's how business is done in China - LOL. I wonder who owned the building?

    So what is the desperate need for the $48m of cash that's unable to be paid as a dividend? They made $20m+ net profit banks would be killing to lend debt to this cash cow to fund growth.

    LOL - wake up mate the Disallowed TB8 management gave you has messed you up
 
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