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5.0¢ ding sheng xin finance co. limited

Stand back. These guys have zero cred. Can't get their numbers...

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AllFuelledUp

4,783 Posts.

149

15/08/17

16:50

Post #: 26511453
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Originally posted by htran7528 ↑

I still cannot pin down a major reason for this stock to drop like a rock?
yes, they’ve got a couple of litigation and some client’s defaulted. But that’s the nature of their business, in any case. They will recoup the monies via client’s assets liquidation anyway. So no problem there.
It is not like they owe somebody millions of dollar and can’t pay it back? These guys actually have current cash in hand of 26 cents per share, 5 times current share price and they’re making a profit of 3 cents per share.

Iam much puzzled. I guess when people want to sell. They will sell regardless of the price.

One man trash is another man treasure.. people dump their treasures, perceiving it to be trash.. well in that case, iam happy to take the trash (treasure).

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Stand back. These guys have zero cred. Can't get their numbers right, don't know when they "lost" $10m and everything else. How on earth could you trust them for anything? Do you really think the entire $10m will come back to the company IF they can even find it? I expect whoever gets it will be on a plane to Acapulco. Or Macao

DXF Price at posting: 4.9¢ Sentiment: Sell Disclosure: Not Held
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