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  "documentTitle": "Man Wah Holdings (1999.HK)",
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  "authorName": "Carson Block",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2017-06-16 00:00:00",
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      "text": "It is noteworthy that AAPL has been attacked for engineering its tax rate lower through transfer pricing arrangements, and yet MWH, which generates approximately 85% of its revenue in the U.S. and China, has a much lower reported tax rate.",
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      "text": "We showed two pictures of a MWH sofa purchased in the U.S. that we had gutted.",
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      "text": "Source: S&P Capital IQ. Operating Margin calculated with Earnings from Continuing Ops.",
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      "text": "More Profitable than Apple?",
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