Disclosure: The author has a short position in one or more of the shares mentioned. 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.
At the shambolic Naibu (NBU) AGM on June 30th this year, a number of questions were asked of the non-execs and advisors which they were unable to answer but which they kindly agreed to pass on to the three executive directors who for some reason had not showed up. (Visa problems were cited. Yes really! All three of them)
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Comments
kingbob
Interesting article. It is also interesting to attempt to buy some Naibu trainers. All the other brands it mentions in its Q and A are available to source in the UK or buy from China. But Naibu trainers…. no where to be seen. Ask Daniel Stewart if they can get you a pair. I bet they can’t.
Alan
假的公司
Lom
I do business in China and this kind of thing is all too common. Fake real estate, fake food, fake companies. Naibu is just another company trying to make money from UK investors. I have seen a lot worse in China. All I can say is that I congratulate Lin as it takes guts to do what he’s done.