Bronte Capital
The sometimes eccentric views of John Hempton
Thursday, September 13, 2012
The choice of lawyers in Tortola: Focus Media counterparties edition
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The main streets of Tortola are a little dusty. When I wandered down them they were surprisingly empty but then it was hot. Very hot. There...
31 comments:
Wednesday, September 12, 2012
Chinese due diligence: Focus Media style
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Yesterday's post again raised this disclosure from Focus Media: In March 2006, Weiqiang Jiang, the father of Jason Nanchun Jiang (the...
6 comments:
Tuesday, September 11, 2012
Focus Media: some follow up to the post about the loan from Jiang Weiqiang to the company
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In the the second to last post I raised a disclosure about Focus Media needing a $2.5 million loan from the CEO's father to "relie...
16 comments:
Monday, September 10, 2012
Focus Media giving away cash?
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I am becoming obsessed by the disclosures about the businesses Focus Media disposed of in 2009. The full disclosure is in this post - and ...
22 comments:
Sunday, September 9, 2012
Puzzled at the wealth of Chinese civil servants - Jiang Weiqiang and Focus Media edition
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An old disclosure : In March 2006, Weiqiang Jiang, the father of Jason Nanchun Jiang (the CEO/controller of Focus Media), provided a sh...
9 comments:
Friday, September 7, 2012
Focus Media: calculating losses on disposal
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I have been thinking a little about the last post - where I quoted Focus Media's accounts. They purchased several business for very pr...
13 comments:
Thursday, September 6, 2012
Focus Media: One strange disclosure, three interpretations
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Here is a disclosure from the Focus Media 20F filing : 2009 Disposition In 2009, we aborted a contemplated initial public offering ...
13 comments:
Tuesday, September 4, 2012
Death, Ferraris and naked exotic girls: racism, politics and garbage data in China
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The Western Press is following a mid-ranking story in Chinese politics with more than average fervour because it is so salacious. Ling Jih...
11 comments:
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