The company announced last week that they have won Bids for Annual Electrical Repair and Maintenance Projects for Various Units in 2023.
About 3 months ago, they announced that they intend to Acquire Fujian Liangjie Environmental Service Co.
About 7 months ago, E-Home Household Services Holdings Limited announced that they have singed Multiple Household Cleaning and Maintenance Service Contracts.
Importantly,. Last year, they announced $8 million share buyback.
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I summarized everything about the company (EJH) in the bullet points. It is going to be short article. It is not worth to dig deeper in analysis because it is self explanatory, look at the chart below.
The company have already conducted 2 reverse splits; If you invested $10,000 prior to reverse split, your investment is now worth less than a $1
There was no shortage of press releases for the company ranging from winning contracts to share buy back. As you know, $8 million share buyback did not happen. The company deserves the SEC investigation. Majority of Chinese companies use US capitol market to pay their operating expenses. There is no shareholder value at all. Out of that, not sure how many companies really do exist. It is what it is.
The best thing to do is invest in quality companies; do not rely on pump and dump. It is very stressful.
Chart (Tradingview)
I made a mistake on this. I would exit at the next spike.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of EJH either through stock ownership, options, or other derivatives.
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