"Or, they have to find a clever way to transfer, even...

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BSJ

94 Posts.

01/03/17

12:24

Post #: 23006756
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Originally posted by AllFuelledUp ↑

Slaughtered. Silly selling but understandable

Lets take a step back

Gross rev- growing and good
Profit- growing and good
NPAT- growing and good - take off the one off, expensed, i dont care about that spend, it is what it is to get market share in china.
And if they didn't then what, $43m cash becomes $50m? Immaterial as the market values it at $ZERO

What we have is a board that needs to be rolled. From the chairman to the others. Keep Gibson he's new, can't be worse than those there

Issue is clearly cash in China. I think ASX and ASIC must suspend any new listings until this is resolved

Or, they have to find a clever way to transfer, even synthetically, the money down here. I dunno, buy some stamps or diamonds in China then bring them down here and sell them less a 1% service fee for it

Then funds can be transferred up to China on an as-needs basis

This isn't XPDs fault- its ASX, ASIC and Chinese government's fault. Australian shareholders are being taken for fools

What a joke. Chairman needs to go. Not paying a dividend is beyond unacceptable. There are no words other than either the mopney is not there, or they can't get even that out of China

Sickening, and something is completely broken

I'm thinking this is getting pretty good for a buy. I'd be with ears pinned back, but, i'm sitting here thinking this could be worth 1 cent just as easily as 50c

if this were an Australian company its market cap would be 10x NPAT of $20m so $200m + Cash = probably 35 cents

I want to put Buy, but you know, like the man says..

Expand

"Or, they have to find a clever way to transfer, even synthetically, the money down here. I dunno, buy some stamps or diamonds in China then bring them down here and sell them less a 1% service fee for it"

Sounds like a smuggling-money laundering hybrid to me. Perhaps we could start an ASX-listed financial services company to provide this service?

XPD Price at posting: 4.4¢ Sentiment: Sell Disclosure: Not Held
3 Upvote

0 Great analysis

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"Or, they have to find a clever way to transfer, even...

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