Australia's largest stock trading and investment forum Australia's #1 stock forum

XPD

Click for more information

0.00%

1.3¢ xpd soccer gear group limited

Yet your sentiment is "buy" ?! Please explain!

First 40 Last

Share
Profile

Follow
ans25

6,158 Posts.

764

04/03/19

06:17

Post #: 37638285
Share

Originally posted by toocomplex ↑

I don’t post this to say “this is XPD Soccer; beware!” Though I can imagine XPD coming to ASX was perhaps a similar birthing process: opportunistic AU money people went hunting for reasonable Chinese businesses (XPD was indeed reasonable) and asked “so what would you do with $40m?”. Over the next few years the original people/companies involved in this process for XPD have all gone. The company was almost delisted.

Everyone with a “buy” rating for this stock is arguing that this company will have a different outcome for its non-Chinese owners. Or they are arguing that buying 24c of assets for 2.4c is a bargain worth the risk; or buying 2.2c of earnings for 2.4c is a bargain worth the risk; or both.

If you watch the documentary it will challenge your “buy” rating on any Chinese company listed on non Chinese exchanges

Expand

Yet your sentiment is "buy" ?!

Please explain!

XPD Price at posting: 2.4¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 83 more messages in this thread...

First 40 Last

Add XPD (ASX) to my watchlist

SPONSORED BY