I could see where you may be interested, but I certainly wouldn't bet the farm on Richina Pacific. Some of my reservations are that they are small and diversified, another word would be diffused--they have no core focus, no singluar direction or strategy. A company that owns a taxi fleet in Shanghai and an aquarium in Beijing just doesn't have an appearance of strength. Second reservation is that while they are making profits, they had to restate their books for some of the previous years. That always scares me, especially after nobler firms than this (think Enron, Worldcom, and Tyco) have floated incredibly bogus financial news for years and did a crash and burn more news worthy than the Hindenburg (hydrogen blimp that burned up before WWII). Yet, if the news is true, it does make profits, which ought to put it in line for consideration well ahead of many previously notable firms many times their size.
You do have a very good thing going for it--the hubbub over the Olympics. The Shaghai taxis will be used more, more folks will visit the Blue Zoo, and the pay-for-parking lots will be filled. Go for it, some. Consider CTRP, as traded on nasdaq, as a similar opportunity. Again, don't bet the farm, just a piece of your investable funds for either, okay?
2007-11-06 05:32:18
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answer #1
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answered by Rabbit 7
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What do you recommend by potential of " lots estimated and estimated crash... of inventory industry". have been you the single looking forward to this? have you ever invested interior the markets? if so, have you ever gained lots? i are not getting the rational on your question! Mr. you're able to do slightly learn! i think of that in the time of the present day substitute into basically yet another "down" day interior the markets led to by potential of an prolonged haul by potential of the housing and credit disaster!
2016-09-28 11:15:51
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answer #2
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answered by enns 4
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