Invest
My Thoughts on Inspur Part 2 with XIRR Update
By Scg8866t Stockinvesting  •  February 10, 2021
 
Please click and read this disclaimer if you wish to continue with the contents below. For those who haven't read my previous post about Inspur can click here. Inspur Intl(HK:596) share price has risen another 30% today, which means it has risen more than 218% from the lows of Jan 2021. There is a few new announcements to look at this time.  First was a voluntary update regarding their 30% owned associate Qingdao Lejin which Inspur will suspend operation in March 2021. This is a good and bad news. Withdrawal of investment in this associate will facilitate the company in focusing on the development of its principal cloud business and not get distracted. Qingdao does manufacturing and sale of wireless global system for communications mobile phones and value added software for mobile phones. It has nothing to do with ERP or cloud services. However this...
Read the full article
By Scg8866t Stockinvesting
Thanks for reading my blog. I am just an ordinary Singaporean with an avid interest in technical analysis, fundamental analysis and philosophy.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance