Hutchmed (china) Share Discussion Threads

[fionascott1234] 14/3/2022 07:25

The Shanghai Index suggests another rout today.......

[nerdofsteel] 11/3/2022 19:26

errrr please do not mention the Q word!!

[steeplejack] 11/3/2022 18:52

Of course one can see why the US wants reputable and verifiable accounts provided by Chinese companies listed on US markets but its ironic that the US is so dependent on China to fund its trade and fiscal deficits but is avidly making US investment in Chinese companies a obstacle course.One accepts that squeaky clean accounts are essential if a stockmarket is to have credibility.So,we'll ignore the fact that NMS was a FTSE 100 company that falsified its accounts or that Globo was briefly a high flyer on AIM , creating a totally fictional mobile phone product and a bogus office address in Croydon.Less said about the likes of Quindell the better or Enron for that matter.

[nerdofsteel] 11/3/2022 16:15

never seen this bulletin board so busy in the last 10+ years as it has been in the last week!

[steeplejack] 11/3/2022 16:12

I like to think that this is well oversold.We're all well aware of the technical factors of a potential delist weighing on the price but given the progress made by the company over recent years,for the long term investor (with infinite patience!) this probably presents an excellent buying opportunity.......heard than one before!!

[nerdofsteel] 11/3/2022 15:53

this may be a silly question, but.... what would happen if the Co. de-list from NASDAQ but maintain the London and HK listings, and then add the Shanghai listing? surely the price would not collapse further given the intrinsic value of the company and its financial trajectory???

Currently the Enterprise Value is greater then the mcap by some considerable margin.

[nerdofsteel] 11/3/2022 15:39

agree 100% FS!

[fionascott1234] 11/3/2022 15:30

And bought back as my biggest tranche at £4.05!!!Oh boy I can pick em.....My other crackers were Hurricane Energy and Paysafe.Those 2 just like HCM were and are the subject of forces beyond the ken of the ordinary investor. In other words in the case of HCM, WE ARE BEING SHAFTED.

[nerdofsteel] 11/3/2022 14:35

delist from NASDAQ? OK, so what, they have two other listings, they have major shareholders including the BOD and recently onboarded institutional investors so how or why do you think they could "easily" delist. I can't see anything easy about doing it.

[my retirement fund] 11/3/2022 14:22

I'm not saying holders should sell now however sometimes it's better to cut your losses. I don't wanna sound too negative but the company could easily delist.

[nerdofsteel] 11/3/2022 14:10

Hey Weiguo, welcome to the position of CEO, congratulations

[my retirement fund] 11/3/2022 14:07

Yea I'm not saying it will half in value tomorrow but it could just as easily see a dead cat bounce then crash another 30% or maybe 40% in short order and could be a penny share one day.

[my retirement fund] 11/3/2022 13:57

Steeplejack, you may find that amusing but you miss the point. The point is Hutchinson are completely and utterly uninvestible and the shares are worth nothing. The only reason the shares have any value at all is down to unethical uneducated investors who love to gamble other peoples money.

[fionascott1234] 11/3/2022 12:54

With the daily drop producing a compound disaster it won't be long before it becomes totally worthless.

[rabiddog] 11/3/2022 11:07

Lol
Must admit I sold half my holding at 450 prior to the HK listing and cursed my timing as it leapt above 600p. Just forgetting about the rest now. Politics at play me thinks.

[steeplejack] 11/3/2022 10:57

The problem appears to be that according to the FT,Beijing has blocked domestic companies and their Chinese auditors from complying with the requests from foreign auditors.In effect,the ruling threatens the majority of US listed Chinese shares.However,apparently,the Chinese securities regulator said yesterday that while it was against the politicisation of securities regulation,they had been in contact with the audit US regulator hoping to resolve impasse over foreign access to Chinese company documents.So,it appears there’s some optimism that things can be sorted out.


BeiGene, Zai Lab and ACM Research have stated that they are working to comply with the accounting ruling but Hutchmed’s statement is less definitive.I guess they’re being more circumspect and waiting for advice but if BeiGene intend to comply,i would of thought HMED will follow suit.

[my retirement fund] 11/3/2022 09:17

There was some steel company listed that had been supplying steel for Russian tanks recently came to light for example now been suspended

[my retirement fund] 11/3/2022 09:13

What will happen to the listing when we sanctions China? Surely we can't allow listings from unfriendly rogue states on the stockmarket recnt events in Russia prove this.

[nerdofsteel] 11/3/2022 08:19

Given my average buy price is around 250p I won't be selling either, I was planning on selling my entire holding when the company starts generating cash in 2025/6 when I predicted a share price of around £10-£12 but that is looking unrealistic now.

[steeplejack] 11/3/2022 08:16

I can understand why the shares have slumped because potentially there could be a Nasdaq stock overhang.However,the company is more than its NASDAQ listing,the tail seems to wagging the dog.I won't be selling.

[nerdofsteel] 11/3/2022 08:10

thanks steeplejack, I can see a time where Hutchmed ditches the NASDAQ listing in favour of HK and Star listings only. the NASDAQ listing served its purpose and once they start generating cash in 2025/6 I can't see the value of a listing in a jurisdiction that ultimately serves no purpose.