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I Built A List Of Growing Companies And China Suntien Green Energy (HKG:956) Made The Cut
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July 15, 2021 Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling short, can easily find investors. Unfortunately, high risk investments often have little probability of ever paying off, and many investors pay a price to learn their lesson. In contrast to all that, I prefer to spend time on companies like
China Suntien Green Energy (HKG:956), which has not only revenues, but also profits. Now, I m not saying that the stock is necessarily undervalued today; but I can t shake an appreciation for the profitability of the business itself. Conversely, a loss-making company is yet to prove itself with profit, and eventually the sweet milk of external capital may run sour.