The Business of CNOUHUA is turning for the better and sale of wine have increased than before. It due largely to several China's Most Important festival such as National Day, New Year Day and stock up before the Spring Festival. The Company's management has confidence in CHINA Ouhua's Future in 2018 and will find a way and a project that will revive China Ouhua. Target Price RM0.25-RM0.40.
https://klse.i3investor.com/blogs/stockalliance/162425.jsp Here is what we think of our stocks ZECON & CNOUHUA. Possible a volatile day for these two stocks during monday. Cheers and goodluck everyone. Stay with us and hopefully next week is a good day
China Ouhua Winery Holdings Ltd, which has made several announcements on the date to receive the transfer of land title ownership from a local authority in China after buying a 40-acre plot there, today announced that the transfer should be done in six months.
"The board of directors of China Ouhua wishes to update that the land title ownership has yet to be transferred to Yantai Fazenda Ouhua Winery Co Ltd (Yantai Ouhua)," China Ouhua said.
according to the Board..... "The land title ownership transaction is near to completion because the land element transfer procedures had been completed. As for the real estate element, it was still pending because it is a state-owned asset and required more complicated procedures. Upon completion, the Company would be able to get the real estate certificate.".......
the Board continue to say..... "The Company would take a number of measures to reduce operating costs, such as reducing labour costs by avoiding unnecessary positions and pay more efforts to save various expenses of the Company, and strive to increase sales revenue. The Company has also been actively looking for a new area suitable for the Company's development"......
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Posted by mayongzheng > 2018-03-01 20:46 | Report Abuse
The Business of CNOUHUA is turning for the better and sale of wine have increased than before.
It due largely to several China's Most Important festival such as National Day, New Year Day and stock up before the Spring Festival. The Company's management has confidence in CHINA Ouhua's Future in 2018 and will find a way and a project that will revive China Ouhua.
Target Price RM0.25-RM0.40.