sino grandness - undervalued stock

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12 years 9 months ago #7054 by Dongdaemun
relaxing, u may have to hope for another crash to get Sino Grandness cheap.
Moving up now +1.5 cents to 44.5 cents.

Dirt cheap --- if their Europe market for canned asparagus, etc doesn't slide and if the high profitability is genuine. OUch!

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12 years 9 months ago #7063 by relaxing
Garl - Ya, missed out on some trading profit as EU moved the goal post by extending short selling ban to end Sept lol. From their 2010 AR, 32% of their sales are in China and balance exported, of which 56% are to Europe. Hopefully their Europe sales will not be badly affected next year? Even then, their long term prospects look good.

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12 years 8 months ago #7336 by relaxing
Replied by relaxing on topic Re:sino grandness
Anybody has any  comments on  this counter ? Appears to be relatively quiet after its recent Rmb100 million convertible bond issue .

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12 years 6 months ago #7678 by Joes
Replied by Joes on topic Re:Re:sino grandness
Grandness up 3 cents to 38 cents this morning --- a proxy to the European markets as Europe is a key market for Grandness' exports. The company is fast developing its PRC market for beverages, so it would be increasingly less dependent on the ang mohs.

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12 years 6 months ago #7717 by Val
I agree that Europe situation is an influence on the stock price. If those people can advance in their effort to resolve the euro crisis, Sino Grandness can then move up.

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12 years 6 months ago #7784 by Joes
Sino Grandness will be talking to fund managers at DMG-organised conference in a few weeks time, in Jan. Organising a visit to its operations for fund managers early next year -- a few weeks time, ie.

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