Contributed by FG Alpha Management

About Dali Foods Group (3799:HK) (3799:Hong Kong)

Dan David, co-founder of GeoInvesting and founder and CIO of FG Alpha Management, spoke at Sohn Hong Kong where he presented a short thesis on Dali Foods (3799.HK). The presentation covered arguments on:

  • advertising expenses
  • cash advances
  • CAPEX spending
  • unbelievably low operating expenses
  • SAT & SAIC inconsistencies

See the full presentation below:

Disclosure: FG Alpha was short 3799.HK at time of presentation