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Phi Group Inc PHIL
(Total Views: 352)
Posted On: 06/02/2019 12:49:25 AM
Post# of 4319
Posted By: curncman
Thanks WinstonNC. I hope with standoff in china Vietnam's DIO group may be benefitted indirectly as Chinese companies may shit there supply distribution base to Vietnam (Neighbouring country) and hence may avoid high tariff's. THis is my wishful thinking at this point and even if 10% becomes a reality then DIO group may be ready to thrive and make payment(s) to PHIL as per schedule and go public in USA.

In absence of the above at least VINAFILMS acquisition shall give us AUM of about 100 million which shall allow Henry to do at least partial BUYBACK of shares.

Knowing Henry from past few CC's I think he may play up the ASIAN DIAMOND EXCHANGE participation and LUX funds. May be that shall provide some upside to PPS soon after the CC.














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