rzantika,
All the contrarian posters today have made very good points. Its exactly what the market has picked up (IMHO). These market players (institutions) have many analysts to go through every statement with a fine tooth comb. They are the ones who influenced the market today, not myself or any contrarian posters today.
Have a look at the number of people who agreed with such contrarian viewpoints (you will be lucky to find 5 who would agree). Those 5 individuals can not influence the market.
Any way, he made very valid points and they are:
1. Previously WHA have never made overseas sales of a few million dollars a year, now they are suggesting you will be achieving $100M in 42 months?
2. Previously WHA have not being able to sell their products to China at a profit - in fact, not even meeting costs after 2 years, but all of sudden they are telling you they can sell at almost $20 a tin. That does not make sense and the market has picked it up (whether you like it or not).
At the moment, it sound too good to be true. Its the reason I asked the question above, trying to find clarity. I am suggesting its not true, but I think the company need to clarify this issue, before confidence return, and finally
3. Previously - in quarterly and half yearly reports, they announced they were moving away from traditional to organic and will change their SAMR application from Traditional to Organic. Like myself, I think the market is looking for clarification on this issue as well: Is WHA now going back to Traditional SAMR accreditation or will WHA apply for two SAMR accreditations - one for traditional and one for Organic.
IMHO, with clarity, confidence should return.
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