Share Name | Share Symbol | Market | Stock Type |
---|---|---|---|
Qihang Equip | QIH | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
---|---|---|---|---|
5.50 | 5.50 |
Top Posts |
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Posted at 17/1/2012 11:05 by simon cawkwell Gentlemen,It seems to me that there are two factors holding back QIH's share price. The first is a widespread scepticism about Chinese corporate governance and accounting. The other is a general reluctance to come out of cash or to run up debt to go into equities in general. However, whereas the latter is just one of those things that cure themselves, the former is, as far as QIH is concerned, an act of faith. One either believes or one does not. I have decided to believe. If I am right 6p EPS for 2012 makes QIH very cheap indeed. Simon Cawkwell |
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