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.
From the team that brought you Naibu (NBU) we also have China Chaintek (CTEK) which released its interims today and it goes without saying that they do not stack up either. My target price for the shares is 1p (the value of the cash dividend on offer) but since it will probably be the last when the stock goes ex my target price will be slashed to 0p.
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Comments
Duck and Dive
Ultrasonic CEO comes out of hiding to say he’s only been on holiday (with most of the company’s cash):
http://www.bbc.co.uk/news/business-29306957
alcira16247
Oh Gosh!
Isn’t this company on Simon Thompson’s tasty Chinese takeway list, too?
Gotta be another win down to the Sheriff!
JB
Sherriff – you’ve done some wonderful (and brave) investigative exposures in the past, but why are this lot making it so easy for you?!