oh ya, for hamitouzhi statement. if he ( Lin) wanted to declare dividend or allowed price to move up, he don't hv to desposed so much share at so low price....
For the financial year ended 31 December 2013, the Board of Directors is not recommending any declaration of dividend. The level of dividends to be declared for FYE 2014 and future financial year would be determined by the Board after taking into consideration the performance, cash flow position and financial requirements of the Group a swell as the prevailing economic conditions.#
What does that means? Cash flow problem? Cash and bank balances is rmb 501 million Total current asset is rmb 669m Current liabilities total rmb 124m Long term liabilities nil
Again read carefully:- Revenue rmb 712m Inventories, at cost is rmb 24m
Don't tell me all are produced just on time for delivery??????
If this set of account can be trusted, all creative accounting can be deemed to be accurate and factual!!!!
Don't wait to receive free warrant. A cheat is a cheat!!!!
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ahson
368 posts
Posted by ahson > 2014-11-24 14:10 | Report Abuse
we can do nothing but wait for the latest quarter report out.