XPD Soccer Gear Group

[heisenberg]

Anyone have this company on their radar?

- Sportswear company based in China
- PE 1.97
- Revenues increased 33% each year since 2013
- 1c initial dividend or DRP
- Lots of enthusiasm for soccer at the moment including government driven program

Could be some potential

[Wolf]

They're another dodgy Chinese operation like SBB. I'd be very skeptical of them. A lot of their reporting is unaudited and they look cheap for a reason.

[muss1]

I spent a few hours reading about them at the start of the year. Not for me I'm afraid. I wrote a few thoughts here which might be of interest:
http://20kstockproject.blogspot.co.nz/2016/01/xpd-soccer-gear-what-gives.html

Something just doesn't seem right. A few things don't quite stack up

[heisenberg]

Appreciate those insights. Good read muss