I am not talking about the Chinese market for water here. I am going to China 4 0r 5 times a year and I know you pay about 10 rmb for a bottle of imported water,which is not bad, so clearly a future market there.
My point is that they paid a Mil for a going . domestic market business and AE obviously is making money right now. With a holding of 51% I like to know what revenue this currently brings in and what earning margin they have. Just an other announcement of an acquisition or an other JV, without figures or projections is useless. Obviously the historical figures for AE are readily available and should be supplied, IMO
BFC Price at posting:
41.5¢ Sentiment: Hold Disclosure: Held
(20min delay)