Post by
XTCXTC on Sep 09, 2015 7:21pm
Q2 2015 results and Yanshan
Looks like Yanshan deal couldn't be completed. But, I think that's a good thing considering the increase in needed logistics infrastructure in the future in China and the growth of ecommerce. I think the issue for me is what their stake is actually worth. It's always nice to hear a CEO is actually putting his own money into projects like this. A good amount of cashflow this Q2 and with it they've manage to pay down a chunk of their debt further, which is always good. Looks like they have been trying to deleverage the company.