interesting result

Hi guys,
Overall an interesting result. Nothing too unexpected really.
Amazing the support this company gets from the Chinese banks. Initially I looked at this in a negative questionable light, however it really is positive in a variable commoditized business like this. Looking at the seasonality of the business and the huge inventory build up for the winter season it does very much look like they are seriously underpromising for the 2nd half.
I expect them to easily beat their 2nd half guidance purely looking at their inventory buildup if conditions stay supportive. After that really, is anyone's guess but amazing how they seem to be growing their revenue at 20% plus every year. I am not surprised there was no dividend (see my earlier posts), however would be surprised if there wasnt one in 2nd half.
Cheers