FML 6.45% 14.5¢ focus minerals ltd

Stumpy,yes very hard working out who owns what in a Chinese...

  1. 2,340 Posts.
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    Stumpy,
    yes very hard working out who owns what in a Chinese company.
    Much playing on names,like stone Canada owning the name "Fairchild Services",could imply an association to Fairchild industries,which it has no association with.

    Grand Dad who tells all of the sons and grandsons what to do,may very well be sitting in charge of a chinese takeaways,but that in itself means absolutely nothing.The family may be spilling all cash flow from all businesses as it arrives,where they are TOLD TO,for the betterment of the family.

    There may be no physical ties between any of the businesses,other than blood or obligations to be met between families to repay old debts.

    Stone and associates have shown they have cash flow,but the time that can be diverted may be very limited and i suspect the initial investment in CRE was meant to be for a months only IMHO and not years.

    All you can do is follow the cash and the employees.

    DYOR+DYODD happy fathers day all
 
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