MES 0.00% 34.5¢ mesbon china nylon limited

Ann: Market Update , page-4

  1. 4,024 Posts.
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    I dont want to be a conspiracist but could Mr Shen be selectively dealing with inventory etc to get a depressed mark to market p/l so as to not have to up the bid? We have to wait and see the accounts in August or thereabouts - '
    I am very sure the bid will progress after all he's getting the company at 1/2 price and by their own admission margins are now improving again.

    The p/l will pick up as China primes their domestic consumption over the second half of this year.
 
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