DXF 0.00% 5.0¢ ding sheng xin finance co. limited

Until the company can recover most of the subrogation money it...

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    Until the company can recover most of the subrogation money it pay out, and make a net profit. Chinese authority won’t let them transfer money outside of the country. It will take another 6 months for the company to recover from their current crisis. But when they do, the share price will be worth at least 3x now.

    If you read the prospectus. The original owners contributed 80 mil into the company over the course of a few years.. this work out to be around 16 cents per shares. I would think, the owners will want to get back at least their original investment before closing the shop. Unless there is further loss, or maybe claw back of the subrogation money. Current NTA stand at around 20 cents per share.
 
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Currently unlisted public company.

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