BYD Profit Falls As Tax Breaks End

[Parsad]

Things are looking tougher and tougher for BYD.  Cheers!

 

http://www.bloomberg.com/news/2011-08-22/byd-first-half-net-income-falls-88-6-to-275-4-million-yuan.html?cmpid=yhoo

[moore_capital54]

This is very interesting. Last I heard Li Lu's BYD Stake represented over 70% of LL Partners fund holdings. I can see that LL Partners holds 55.5mm shares of BYD worth about $140mm

 

Munger must be pissed he and his friends gave LL about $100mm of startup capital.

[rogermunibond]

This is very interesting. Last I heard Li Lu's BYD Stake represented over 70% of LL Partners fund holdings. I can see that LL Partners holds 55.5mm shares of BYD worth about $140mm

 

How can you see the LL Partners fund holdings?  Just curious.

[moore_capital54]

Here you go Roger.