Sales up 18%, GP continues at 33%, page-28

I have no specific issues with XPD, and I'm holding it, thinking this might be my first Chinese ASX company to go up instead of down. (!)

I hold. I was planning to not buy Chinese again after the other 3 failures, but this one seems great. Profitable, growing, cheap.

But I've seen too many times, management reporting that things are great, only to turn around and enter liquidation months later. I've never seen it coming, and Chinese companies, I trust even less than the average ASX company.

Somebody else had commented that they have not been properly audited yet.

So I have worries, mainly because it's Chinese. Though I'm holding anyway, because it seems so cheap. I don't think it's cheap because it's bad, but because buyers are wary.