sino grandness - undervalued stock

stirling
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9 years 3 months ago #21531 by stirling

Replied by stirling on topic sino grandness - undervalued stock

Well said. While the price was sliding from 50cts to 30+cts, and knowing that the stock is trading at very low PE, the logical thing to do is to continue buying more. However, the panic and self doubt creeped in given the negative report and when you see the price slide on a daily basis.

The recent upswing suddenly give you confident and exuberance. Nothing has really changed much during this period but our psychology went through a roller coaster ride.

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min1xyz
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9 years 3 months ago - 9 years 3 months ago #21581 by min1xyz

Replied by min1xyz on topic sino grandness - undervalued stock

Sharing screenshot from investor who found Sino Grandness' loquat drinks at Taobao.com (China's equivalent to Amazon.com) & wanted to order them. "Got rejected cos cannot import liquids to Singapore

Click on pic to enlarge

Advice by another investor: "Usually hard for individuals to import liquids due to IATA regulations. But for big business to import in bulk is a different story."

Last edit: 9 years 3 months ago by min1xyz.

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Baggerhopeful
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9 years 3 months ago #21587 by Baggerhopeful

Replied by Baggerhopeful on topic sino grandness - undervalued stock

To all sino followers,

Company just incorporated THE Garden Fresh Group Co. Ltd ytd.

This could finally mean that the HK IPO is about to happen in 2015!

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Big Fish
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9 years 3 months ago #21588 by Big Fish

Replied by Big Fish on topic sino grandness - undervalued stock

Baggerhopeful: Can pls elaborate?
Sino Grandness incorp 1 company in HK and 1 in Cayman Islands. How do these relate to IPO of Garden Fresh? Can't they just list the current subsi Garden Fresh?

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Baggerhopeful
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9 years 3 months ago #21600 by Baggerhopeful

Replied by Baggerhopeful on topic sino grandness - undervalued stock

The Company’s wholly-owned subsidiary, Garden Fresh Group Holding Co., Ltd (HK), owns 100% equity interest in Garden Fresh Group Co., Limited. (Cayman islands)

For a guide on incorporation in Cayman, www.mondaq.com/x/227276/offshore+company...s+Exempted+Companies

Essentially I believe that an incorporation could be tax/legal/finance reasons. Furthermore, thinking ahead, such an incorporation will help with restructuring should the need arises.

Being fairly inexperience, I believe this move is to tie up some loose ends before the listing.

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BNN
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9 years 2 months ago - 9 years 2 months ago #21624 by BNN

Replied by BNN on topic sino grandness - undervalued stock

Checked out the Taobao.com page of Sino Grandness.
shop115071046.taobao.com/shop/view_shop....number_id=2324836515

...I like the design and packaging of the boxes for loquat drinks.

Also, there are bottled fruits such as oranges and lychees.

This coconut product looks intriguing. Wonder what it tastes like:

Surprisingly, the range of snacks is very wide -- most, if not all, are from OEMs -- for sale under Sino Grandness.

Last edit: 9 years 2 months ago by BNN.

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