Edwin started by sharing with me how he first met CAL’s CEO, Mr Wang Yangang when he was still in an audit firm. He was impressed with ...
...Late last year around December, China Animal[1] (“CAL”) has been quite a “hot” stock where daily volume surged more than 10m shares for 12 out of the 23 trading sessions in December. Its share price also hit a record intraday high of $0.425 since its reverse take over of Colorland Animation Limited on 29 Dec 2007. However, excitement over the stock fizzled off and its share price has dropped 31% year to date. CAL has also been keeping a low profile for the past few months. It was indeed fortuitous that I have the chance to meet CAL’s management, namely Mr Edwin Goh, Chief Financial Officer and Ms Toh Ching Chien, Financial Controller (collectively “Management”) on a 1-1 discussion.