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throwerw (99.82)

The best way to invest in Chinese chicken farms

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November 06, 2009 – Comments (3)

YUII - Weifu YuHe Poultry Group.  Why sink money into a start-up business in which you have no experience when you can buy pieces of a great business run by competent managers at depressed prices?  Could have picked this up for a buck or two at the beginning of the year, but as they say "Too soon old, too late smart."  It's still cheap now, I think I might buy some if it comes down a bit.

3 Comments – Post Your Own

#1) On November 06, 2009 at 6:57 AM, bullishbabo (100.00) wrote:

This one is on my watch list.  I'd be interested as well if it dropped a bit. 

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#2) On November 06, 2009 at 1:25 PM, jddubya (59.37) wrote:

Thanks for the heads up on CHIO.

 

Also, I just put an update on your blog about ETLT - check it out

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#3) On November 10, 2009 at 2:53 AM, throwerw (99.82) wrote:

I'd say forget about ETLT until they start filing again.  Even if they do start filing again, I'd probably stay away.  There is something to be said for investing in places where nobody else dares to go (like Buffett investing in AXP after the salad oil incident), but I think when you are dealing with Chinese microcaps it is always better to err on the side of caution.

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