WQW 0.00% 55.0¢ winha commerce and trade intl limited

If I had to guess, it would be the issuance of options to...

  1. 19 Posts.
    If I had to guess, it would be the issuance of options to Zhongshan Yuandian Wine Industry with an exercise price of $.63 per share in the annual general meeting.

    Though I find this puzzling to raise the price, as it would result in a 25% dilution to shareholders. Which is fine I guess, if they employ the capital to increase earnings by more than 25%.

    At a P/E of 2, this company is still dirt cheap given the growth potential of this industry. I thought the earnings report was quite strong, and was quite surprised by the drop.

    Considered selling and taking profits, with the intention to buy back in cheaper later. Chances are reasonable it could fall back a bit to $.50. But I am more concerned about being wrong. Valuation and growth fundamentals would easily justify a $2 price on this company. Holding based upon valuation fundamentals.
 
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Currently unlisted public company.

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