Dingyi is a joke! A front for who knows what. dont want to do business with that mob...look at their latest progress with their most recent business foray "finance leasing business JV"...
all the "delays to circular" - look familiar? from restaurants to bars business to an investment arm to potash and now to finance leasing? wow - a super conglomerate! seven group holding watch out! expertise in all! wait two months, they'll probably buy a BIOTECH company researching a cure for ebola!
IMHO a ploy for their investment buddies to short whatever they try to takeover knowing they NEVER follow through. Must have deep RED pockets...money seems to be limitless.
Here's a tip for my fellow ELM faithful, if you want to make guaranteed money, wait for their next "takeover" play by dingyi and SHORT the stock. Go as hard as you can! 10,000% returns! it will be better than Christmas. They all begin with the usual "delay in dispatch of circulars", followed by more delays, and eventual purchase of a blocking stake. In between, just sit back and watch the mkt value DIVE!! and collect on the margins!
here's to hoping the next VICTIM is on the ASX, as im not setup for HK exchange, very tempted though!
Sooner we are rid of them, the better!! transparency is what we need, and with that dingyi black box, so glad we repaid their "loans"!!! now to get them OFF the register!
K2P Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held