XPD 0.00% 1.3¢ xpd soccer gear group limited

Ann: Commentary on 2016 full year results, page-36

  1. 12,650 Posts.
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    All the Chinese companies that are paying a dividend
    are just using the IPO cash which is outside of China.
    Just a ponzi scheme that promises dividends and once the ipo
    cash runs out there will be no more cash
    coming out of China.
    The Chinese owners now have their money transfered outside
    of China by having their dividends in overseas accounts.
 
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