Post by
hlarcher2000 on Sep 01, 2012 2:17am
Annual Shareholder Meeting
I was at today's meeting and gained some insight. One thing coming soon is that there will be management changes in the very near future. They didn't say why but implied that it has to do with alligning the right managers with the functions they excel in. They may also find a way to identify the coal they get from Ping Yi on the quarterly reports so it is easier for investors to identify when doing due dillegence. D Lee went off record and said he expects big increases in shareholder value coming in the not too distant future. He did not say this At last year's meeting. The dual listing was approved. My take on this is that they will fund future mine purchases by doing an ipo on the foreign exchange. They also brought up the share buy back but no specific date was mentioned. Also mentioned was that they are broadening their institutional investor base by targeting small and mid-size funds and have met with a few already.
Comment by
raceagainstthestorm on Sep 01, 2012 9:19am
Awesome HL !!! Thanks for the update... Lee has said many things, I want to see share appreciation soon, in order to buy.
Comment by
hlarcher2000 on Sep 01, 2012 9:35am
I like to go to these meetings so I can look these guys right in the eye as they speak about Llen. You can tell D Lee is very passionate about his company. He was genuinely upset with the hard times we have gone through. He looked physically worn and looked like he was starting to tear up at one point while talking about it. He is one of the main reasons why I keep holding.
Comment by
farstar on Sep 01, 2012 10:53am
Hey Race ! I don't think stock house has the avatars like yahoo has so I don't think you can change your hat like you could over there on yahoo. But I know you can add your own picture for your alias.
Comment by
hlarcher2000 on Sep 01, 2012 5:41pm
Sorry, wrong link. Here is the right one : https://www.scribd.com/homestus/info
Comment by
raceagainstthestorm on Sep 01, 2012 10:53pm
I may put a picture up in time...
Comment by
homestus on Sep 02, 2012 7:52am
Your DD is outstanding! ...... so ... UNFORTUNATELY ... the link you posted is about CITIC and not PSQR ... Are you a Mark employee? ... ... given the low quality DD you perform ... I think so! I can't say what you write on YHOO anymore ... is there a ingore funtion on stockhouse too??
Comment by
lutherpstr on Sep 02, 2012 1:05pm
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