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.
Capitalised at £70 million GTS Chemicals (GTS) has seen its shares more than double since its IPO on August 1 2014 and the stock is up 9% today. But this company is drowning in red flags. In a detailed podcast I list almost a dozen major red flags, just for starters, and explain why the shares are a sell at almost any price.
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Comments
BobbyChariot
I know it’s from Feb last year but I just had a gander at the LSE BB for GTS and saw this investment advice gem.
skier1
Feb ’15Posts: 3,020
Premium Chat Member
Off Topic
Opinion: No Opinion
Price: 38.00
GTS5
Up 21%. GTS is yet another undervalued China stock that is rising to the top of the leaderboard. Check out HAIK and CAMK, too. They have both risen 100% recently and are among the best performers on AIM in 2015 so far.
Chinese stocks are quietly coming back into fashion on AIM and FTSE.
stone the crows
The company’s website [Shareholder analysis] shows that 96.26% of the company’s shares at 2 Feb 2015 were held by the main bloke and the Heavenly Celestial BVI entities yet also states that 77.82% were not in public hands. Odd.