Horizon coming into focusMarket negative today! Sirona filling the gap and pushing off lows.
Regarding yesterday news the reason for
listing Huaxi pharmaceutical on the Hong Kong exchange may be to wholly buy out Sirona. I read that Hauxi has 9000 sq meters for production that is idle and looking for partners they already have sufficient capacity to take on Sirona production without spending any capital.
My hunch is the Merger with Sirona is the game plan. Stupid North American investors dont see the value but the China does.
Here is the excerpt from the news release that has me buying more.
"....Once Huaxipharm is publicly listed, Sirona management anticipates the relationship going well beyond the service and development agreement This is on their website
https://www.huaxipharm.com/en/HuaxiRoad/HuaxiRoad.asp
www.huaxipharm.com/en/HuaxiRoad/HuaxiRoad.asp
HuaXi Pharm. intend to build R&D dominated modern pharmaceutical group, keep improving innovation of Chinese drug technology market. Now we honestly invite lites of drug industry and business to join us... make designs of company mergers, acquisitions, restructuring, and investment and financing and other related scheme; ...
We are in for a great year in my opinion hold your shares and ignore negative opinion things are going to happen more quickly.