shareholdersunite.com

“It should be noted that Fuqi met all of these criteria and yet these accounting errors slipped by its auditors, its audit committee, institutional investors, research analysts and investment bankers — all of them! Clearly, these events are often almost impossible to foresee.”     No, that’s not us talking…

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Difficult to argue, but perhaps..

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Well, this is a bit of a mess….

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There really isn’t much reason to worry….

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This was always a ticking time bomb. Selling jewellery in the rapidly expanding market and having a p/e around 8 and having no debt never really made any sense to us…

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We already mentioned this a couple of days ago. Very positive for everybody, especially holders of companies that thrive in the domestic Chinese market, like China Fire (CFSG) and Fuqi International (FUQI)..

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We say, the Chinese currency can only go up providing an extra boost to the shares of those Chinese smallcaps which earn in that currency…

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One is already out with stellar figures, the other one not yet but it is breaking out nevertheless. About time…

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There is no fundamental news, but we’re watching the chart like hawks. Today could be a crucial day…

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A company this cheap, can it get any more crazy?

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