Oldman9
[quote pid='124709' dateline='1452559833']
Hi All
According to the CIMB report (pg 10) "Sino Grandness might need further fund-raising to finance its growth plans. According to the management, an additional Rmb 350-400m is needed for its Anhui plant"....question is, where are they going to get the money from?
Anyone?
cheers
oldman
[/quote]
Hi All
Anyone can enlighten me?
I have compiled the following table (in RMB Million).
![[Image: 892e289.png]](https://i.imgsafe.org/892e289.png)
There is concern about bond redemption.
If Garden Fresh has slowed down building factories and sales, it can pay off the convertible bonds.
cheers
oldman
[quote pid='124709' dateline='1452559833']
(08-01-2016, 09:38 PM)leeeta Wrote: CIMB report dated Jan 6,2016 on Sino Grandness - unrated.
According to Euromonitor, GF market share of loquat juice in 2014 is 86%.
Hi All
According to the CIMB report (pg 10) "Sino Grandness might need further fund-raising to finance its growth plans. According to the management, an additional Rmb 350-400m is needed for its Anhui plant"....question is, where are they going to get the money from?
Anyone?
cheers
oldman
[/quote]
Hi All
Anyone can enlighten me?
I have compiled the following table (in RMB Million).
![[Image: 892e289.png]](https://i.imgsafe.org/892e289.png)
There is concern about bond redemption.
If Garden Fresh has slowed down building factories and sales, it can pay off the convertible bonds.
cheers
oldman