Tuesday August 22, 2017
What do I have in common with Melanie Phillips? we are Jew haters - the moment the bonkers left admits defeat
The Fascism of the Left: High School Students kicked off College campus for wearing Trump Hat
#TheResistance is laughable #TrumpResign trends on twitter for a few hours - back in the real world look at coal exports

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

, , ,

Geong – Another Crap Chinese Company on AIM provides pure comedy

Please share this article with your comrades in revolutionary capitalism

- Tom Winnifrith

AIM listed Chinese joke company Geong (LSE:GNG) is always a bundle of laughs. This is a company that works on projects for 18 months, does not invoice yet books the amounts as income. I have pointed out before that its balance sheet backing is illusory, that its “profits” ho ho ho never translate into cash and that it would probably be out of cash within a year. That was in September. But today the company has served up a stormer of a statement and I have just got even more bearish. This is a classic China bubble story.

Read the full article on ADVFN | Comments
---

Register here for The Tomograph
Tom's newsletter with original articles and a free share tip of the week, not found on this website.