Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Puda Coal Inc PUDA

Puda Coal, Inc. (Puda) is a supplier of high-grade metallurgical coking coal to the industrial sector in the People’s Republic of China (the PRC or China). Its processed coking coal is primarily purchased by coke and steel producers for the purpose of making the coke required for the steel manufacturing process. Puda’s operations are conducted by Shanxi Puda Coal Group Co., Ltd (Shanxi Coal), which it controls through 90% indirect equity ownership. Puda cleans raw coking coal sourced from third-party coal mines primarily located in Liulin County, Shanxi Province, and markets the cleaned, coking coal to coke and steel makers. Its primary geographic markets include Shanxi Province, Inner Mongolia Autonomous Region, Hebei Province, Beijing and Tianjin, China. It purchases raw coal from a diversified pool of local coal mines in Shanxi Province.


GREY:PUDA - Post by User

Post by coldheaton Sep 04, 2013 1:58am
740 Views
Post# 21716650

Current score ....Ming Zhao Raiders 84---King Stone Energy 2

Current score ....Ming Zhao Raiders 84---King Stone Energy 2
Back in 2011, shortly after the Alfred Little report crashed Puda Coal stock, we discovered that the perp, Ming Zhao had invested a ton of money into King Stone Energy Group...HK ticker 0663. He had effectively taken control of it some months before and we believed at the time that it was intended to be the exit strategy from the Citic Trust that he had done a equity for loan deal with and forgot to tell shareholders, or if you believe the testimony, the board of directors as well.
For the heck of it I decided to put the story into a football analogy and it goes like this....sorta....
After the news broke about the missing Puda assets Zhao ran the ball down the field for his first score of the game, meeting little resistance from the KSE defense he passed back all his stock in KSE deep into the secondary with completion after completion scoring a easy 7 points. KSE ran for 4 downs, gained nothing and punted.
 
In the second quarter Zhao's Raiders made easy work of it, passing back all his notes for another 14 points while KSE, having spent all their energy trying to get a mismatched team to function after they had essentially bought the entire team from Zhao only months before, now had to bail him out of his investment as Zhao connected easilly with his tight end for score after score.
Late in the second quarter KSE, as a result of a lucky punt, had backed up Zhao to his own 1 foot line. The subsequent play resulted in the only score they got on the board when the quarterback, Zhao, tripped over his own size 14 shoes and gave the KSE team a inadvertant safety, resulting is 2 points.
 
In the third quarter KSE went 4 downs and punted the entire franchise which had never won a game and never would, down the field after never gaining a single yard. The officials called back the punt, saying in clear terms that the punter had used a illegal kicking method and called for the play to be repeated with a ten yard penalty tacked on. KSE had to punt from deep in their own territory. Everyone in the stands were on their feet for the attempt.
 
Somehow the punter kicked the ball squarely because the punt was high and long with huge airtime....it sailed and sailed into Zhao territory where it was downed at the 15, just as third quarter ended.
 
The fourth quarter began uneventfully, Zhao's Raiders taking back all the territory they had lost. They now had recovered every bit of yardage the KSE had gained leaving KSE confused, lackluster and demoralized. The current score 84 to 2 in favor of Zhao's Raiders. KSE brought out their third stringers, the Beida Jade's but they have yet to recover any lost ground for the team and seem to be making the same mistakes on the field that the starting 1st team did.. But the game is not over yet....there is still 10 minutes on the clock.
 
Having said that however, if the BJ third stringers do not pull out miracle from their coal cart, Zhao's Raiders will once again take home the trophy that the fans of the game have paid a lot of money for. This seems to be the pattern with the Raiders...They give you a few yards then take it all back for a score, making the opposing team look like the village idiots. but then again you wonder if perchance it is not due to a lack of skill, but that the KSE team may be throwing the game to the Raiders. Perhaps the officials will look into that, but my money says.....Fat Chance of that happening.


 

 

 


 

<< Previous
Bullboard Posts
Next >>