The integrity of such reporter in china is in doubt. This reporter I believed was commissioned by Some investors like "muddy waters" aimed at Shorting the company 's share for profit making. There are no free lunch in this world
Dear Milly, interesting theory but.... I don't think the reporter is part of a conspiracy to bring down the prx of QingMei. The reporter was too junior and simplistic in her work, and failed to find the killer evidence for what he/she was writing about. The company's rep in SG should persuade the management to clarify and clarify, instead of hiding under the desk. After all, they don't have much work to do for the time being in the factory
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No one would step forward to clarify unless they are compelled by law. The IDs and PR firm only care about their fees, in case their Chinese boss does not pay them, or ask them to go.
If the net cash is for real, this rise in stock price is not surprising. It wojld then be the work of insiders who truly know the situation. anyway, the rise is good news for long suffering shareholders, and therrre is still a big hole to cover. Good luck! Not vested, and don't intend to when I am busy putting money into other S-chipos.
Qingmei 's boss may consider to go for privatization if the cash per share stay above the market price, I start to accumulate it and cut loss at 0.058 and believe the story look like " Synear food"
