sino grandness - undervalued stock

The company should just privatise and then re-list in HK. If Huang is not blur, he will surely do it one day.

Loquat drinks by Garden Fresh, at normal retail prices in Guangdong supermarket:

Someone wishes to share pix taken in China of a can of CHINA MINZHONG's loquat tea.

The recently-released financials of Minzhong shows that its beverage division (mainly loquat juice & loquat tea) reported 47.4% gross profit margin in 1QFY15 (July-Sept 2014).

This margin is even higher than Garden Fresh's 40%. Does this make Garden Fresh more credible now to skeptics?

Near-term, expectations have been re-set, limiting upside. Garden Fresh can continue to grow. However, will trade receivables grow more and exceed 1 billion rmmb?

1. Convertible bonds I & II -- how will Garden Fresh repay if the IPO doesn't happen?

2. Why directors are not holding/buying shares?

3. CEO Huang's recent buying is not exactly inspiring. Does he really view the stock as being ridiculously cheap?

4. Why is Sino's A&P as a % of revenue low compared to peers?

Sharing -- pix from briefing yesterday @ 6, Battery Road.


Sino Grandness' loquat drink.


Chairman Huang Yupeng



VP for IR, Parry Ng.

Why the accounts receivables often grew faster than revenue?




Source: www.fool.sg/2014/10/24/is-there-a-proble...within-this-company/