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Bullboard - Stock Discussion Forum GRAND POWER LOGISTICS GROUP INC. V.GPW

"Grand Power Logistics Group Inc through its subsidiary provides air-freight forwarding and sea-freight services, customs brokerage, logistics, warehousing and distribution, as well as other value added services."

TSXV:GPW - Post Discussion

GRAND POWER LOGISTICS GROUP INC. > Q2 2015 results and Yanshan
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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.
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