LCG 0.00% 6.0¢ living cities development group limited

ive said before that major chinese companies do not throw good...

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  1. 648 Posts.
    ive said before that major chinese companies do not throw good money at dogs. they are too canny for that. I am happy that the projects are good on that basis alone. also I agree it is not a lot of funding but given the quarterly reports I have studied there could be a lot of companies go bust in next 6 months. fwl will not be one. and here's a tip for free, the asx ann. says that the chinese investment is to set up an income stream to support the company, one possible interpretation that you could apply to that is "the chinese investment is set up to provide an income stream to support the company". I know it is a novel approach to actually read what it says and believe it for you two, but hey man, you can always learn new skills im sure.
 
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