VLOV - evidence just in that they're looking to go
Post# of 579
Posted On: 03/14/2013 2:54:38 PM
VLOV - evidence just in that they're looking to go private ....
One of the most compelling OTC stocks out there today ? For me, that's an easy call, as VLOV has all the markings of exploding much higher. Why ? How about a P/E less than 1 here at $3.90, booming sales and a measley 1.3 million share float ? Let's not forget the company now has significant assets in the USA, as their clothing line is now selling in New York .......
http://www.trinitypl.com/mens/apparel.html
Having assets in the USA is more important than anything else to me with regard to Chinese companies, as this shows the company is willing to put dollars into the USA, knowing full well that if they ever get sued, they risk having their assets seized, unlike most Chinese companies that have nothing to worry about if they're sued by investors, as they hide behind the China shield of protection as we've sen so often. Look how the stock of XIN has performed since announcing they were putting assets into New York. The stock soared from $2.50 to over $5.00 although I find XIN's business to be much less attractive than that of VLOV.
Our next clue to a much higher stock price ? Something just discovered on Dorsey & Whitney's website, disclosing they're advising a Chinese OTC apparel company on "going private" options ........
http://www.dorsey.com/files/upload/hong_kong_...panies.pdf
VLOV happens to be the ONLY OTC Chinese apparel company that's publicly traded.
VLOV has over $20 million in cash and no debt. That's $7.82 per share here at $3.90
Chinese low-floaters have seen wild runs lately, but if there was ever a Chinese low-floater that actually deserved to see a run, it's VLOV by a mile.
One of the most compelling OTC stocks out there today ? For me, that's an easy call, as VLOV has all the markings of exploding much higher. Why ? How about a P/E less than 1 here at $3.90, booming sales and a measley 1.3 million share float ? Let's not forget the company now has significant assets in the USA, as their clothing line is now selling in New York .......
http://www.trinitypl.com/mens/apparel.html
Having assets in the USA is more important than anything else to me with regard to Chinese companies, as this shows the company is willing to put dollars into the USA, knowing full well that if they ever get sued, they risk having their assets seized, unlike most Chinese companies that have nothing to worry about if they're sued by investors, as they hide behind the China shield of protection as we've sen so often. Look how the stock of XIN has performed since announcing they were putting assets into New York. The stock soared from $2.50 to over $5.00 although I find XIN's business to be much less attractive than that of VLOV.
Our next clue to a much higher stock price ? Something just discovered on Dorsey & Whitney's website, disclosing they're advising a Chinese OTC apparel company on "going private" options ........
http://www.dorsey.com/files/upload/hong_kong_...panies.pdf
VLOV happens to be the ONLY OTC Chinese apparel company that's publicly traded.
VLOV has over $20 million in cash and no debt. That's $7.82 per share here at $3.90
Chinese low-floaters have seen wild runs lately, but if there was ever a Chinese low-floater that actually deserved to see a run, it's VLOV by a mile.
(courtesy joenatural)
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