The last month were not the month of shareholders in CGA. I hope this will change on Monday. CGA will release it's Q3 datas. Starting with Q1 CGA booked "deferred assets" and reduced it cash position. They had problems to win enough distributors for their enormus growth targets. They are using this money for building a franchise system and pampering new distributurs with company cars if they reach their targets. In Q2 they booked additional deferred assets for expanding the strategy. I expect first results from this growth initiative in Q3.
Q3 and Q4 are always the strongest quarters.
31.12.2011 31.03.2012 30.06.2012 30.09.2012 31.12.2012 31.03.2013 30.06.2013 30.09.2013 31.12.2013 31.03.2014
plus 13 plus 46 plus21 plus 10 plus 8 plus 29 plus 31 plus 15 plus19
Jinang 699 712 758 779 789 797 826 857 872 891
Gufeng 177 182 185 187 189 198 201 214 228 252
plus 5 plus 3 plus 2 plus2 plus 9 plus 3 plus 13 plus 14 plus 24
deffered Assets Quarters
31.03.2012 31.03.2013 31.03.2014
plus 13 plus 8 plus19 Q3
Jinang 712 797 891
Gufeng 182 198 252
plus 5 plus 9 plus 24
31.12.2.2011 31.12.2012 31.12.2013
plus 10 plus 15 Q2
Jinang na 789 872
Gufeng na 189 228
plus2 plus 14
30.09.2011 30.09.2012 30.09.2013
plus21 plus 31 Q1
Jinang na 779 857
Gufeng na 187 214
plus 2 plus 13

I understand now the strategy and beleave that shareholders are surprised on Monday