Contrarian Corpus
Muddy Waters vs. Duoyuan Global Water Inc.

Duoyuan Global Water Inc. · DGW

1 deck published between 2011-04-04 and 2011-04-04 — 21 pages, 21 analysed slides total.

initial thesis

Timeline

Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.

  1. 2011-04-04 initial thesis

    2011 04 DGW_MW_040411

    21pp · research_note

    DGW is a massive fraud overstating revenue by 100x; forged PRC audits, empty factory, and related-party tunneling to Chairman Guo imply the stock is worth under $1.