UK 09:11 Saturday, 7 November 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Tom Winnifrith has already raised a few awkward questions about ShareProphets AIM-China Filthy Forty play Taihua (TAIH) HERE when he discussed how a profitable company (from China) with net cash of £2.5 million (as at June 2015, so we are told in the Interims) is only valued by the market at about £1 million. Yesterday saw a statement which brought to mind the now executed F40 company JQW. It all rather suggests that there is no earnings visibility and as such I would suggest that the stock could well be worthless.
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Comments
BobbyChariot
Hi Nigel – check this video out. It tells the story of an ex-Naibu employee.
http://www.nytimes.com/video/business/100000004151360/in-china-a-reverse-migration.html