Hey Sean,I am not sure if you follow this board anymore, but if you do, do you have any current thoughts on CNYD? I posted my thoughts on 2011 earnings and was not too excited about 2012. So far Q1 did not disappoint in terms of continued poor performance. The media business continues to taper off and the less profitable tourism business is not recovering very quickly. I am a little concerned to see that gross profit of the tourism business took a hit due to higher depreciation expense. In my last post I mentioned that I would not consider buying until the end of 2012 or early 2013 as I did not expect much out of the company operationally, however I did throw out the caveat that a sub $1 price might get me interested in buying more. I am a little concerned that they changed auditors again. I looked at the auditor's website and was not impressed.All these negatives sour me on the stock, but the price is now ridiculously cheap compared to the business operations. I am a little surprised to see it below $1 when the CEO bought $250K of shares at $3 6 months ago and Pope investing more around $1.75 a couple of months ago. I'm thinking of buying soon as this stock should be valued much higher than sub $1. I still like the business model and think this could do very well in the long-term. Are you still following the company and if so, what are your thoughts on the operations vs the stock price? Thanks!
You might be waiting for a while to hear from Sean. TMFSysun is now XMFSysun, which is to say an eX-employee of MF. As such I doubt that the portfolio he created still exists. It would be nice if he stopped in though.http://my.fool.com/profile/XMFSysun/info.aspx
Yeah, I saw that he has been XMF for the last few months. He has still posted since leaving the fool, but less frequently. I figured I would give it a shot as I think he still checks the board on occasion.I did see on Rising Stars, that they close his and Ilan's portfolio, so I know this is not an active board anymore.Do you know why he left or where he went?
Hey guys! My apologies, I don't check my boards as much as I used to. I left the Fool because I started a company and we received a bit of VC funding, which convinced me to go full-time on it.
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