Value Investor
Start free

Aureus Greenway Holdings

PUSA on Nasdaq. Market value $78m.

Watch this stockFree. We tell you when something changes.

Should I look at this?

Look carefully before going further

Why it could be worth it

Nothing stands out yet.

What to watch out for

Read the warning sign in its own filings

This is not advice.

Compare with another stock

Who owns it

None of the long-term investors we follow own it. 31 funds in all.

Jun '25
Dec '25
Jun '26
Largest holders overall

From 13F filings for the quarter ended 30 June 2026.

Big holders and activists

4 investors own more than 5%.

  • Stephen Ching Ping Cheung
    at least 23.7%−14.4 pts
    (filed with 1 related holder)
    Since 25 July 2025
    What they said

    Other than the transaction disclosed in Item 3, the Reporting Persons are considering all their options and, while they have no present plan to do so, they reserve the right and are considering whether to propose other transactions that relate to or would result in one or more…

    Read the filing
  • ChiPing Cheung
    Insider or founder
    at least 16.9%−14.5 pts
    (filed with 1 related holder)
    Since 25 July 2025
    What they said

    Except as disclosed above, the Reporting Persons are considering all their options and, while they have no present plan to do so, they reserve the right and are considering whether to propose other transactions that relate to or would result in one or more of the actions…

    Read the filing
  • The Steven Scopellite 2021 IRR
    Passive investor
    at least 4.4%
    (filed with 2 related holders)
    Since 25 July 2025
    What they said

    The Steven Scopellite 2021 IRR acquired beneficial ownership of the securities reported herein for investment purposes. The Reporting Person's do not have any current plans or proposals which would result in any of the matters listed in Item 4(a) - (j) of Schedule 13D.

    Read the filing
  • American Ventures LLC, Series XVI AGH
    Passive investor
    at least 3.1%−0.1 pts
    (filed with 7 related holders)
    Since 11 March 2026
    What they said

    The Reporting Persons acquired the securities described herein for investment purposes. The Reporting Persons have no present plans or proposals that relate to or would result in any of the actions required to be described in subsections (a) through (j) of Item 4 of Schedule…

    Read the filing

From Schedule 13D and 13G filings: anyone owning more than 5% must file one.

What insiders did

No insider bought or sold on the open market in the last 12 months.

From Form 4 filings: insiders must report trades in their own company's shares within two days.

Warning signs in its filings

Problems the company itself reported to the SEC, in its own words.

1 serious warning sign in Aureus Greenway Holdings’ filings.

We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.

We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 31 Mar 2026, plus the 10-Q filed 13 Aug 2026 and 4 later 8-Ks.

  • Weak checks on its own accounts

    Serious

    The company said its checks on its own accounts did not work at the end of its latest quarter. Mistakes could slip into the numbers.

    “As of June 30, 2026, these material weaknesses had not been fully remediated.”
    Show the full paragraph
    As disclosed in Item 2, Management’s Discussion and Analysis of Financial Condition and Results of Operations, management has identified material weaknesses in our internal control over financial reporting as of June 30, 2026, related to (i) inadequate segregation of duties for certain key functions due to limited staff and resources, and (ii) a lack of sufficient financial reporting and accounting personnel with appropriate knowledge of U.S. GAAP and SEC reporting requirements to formalize key controls over financial reporting. As of June 30, 2026, these material weaknesses had not been fully remediated. The Company intends to implement measures designed to improve its internal control over financial reporting, including hiring additional qualified accounting and financial reporting personnel and enhancing the formal documentation of policies and controls.

    From the 10-Q filed 13 August 2026, Part I, Item 4. Controls and Procedures. Read it in the filing

  • Changed auditor

    Worth knowing

    The company changed its auditor (the firm that checks its books) in the last two years.

    “On October 1, 2026, WWC was dismissed as the independent registered public accounting firm of the Company to be effective upon completion by WWC of its review of the financial statements of AGH for the quarter ended September 30, 2026, and the filing of the related Form 10-Q.”

    From an 8-K filed 1 October 2026: Change of auditor. Read it in the filing

A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.

The deep dive

Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.

  • What the business is worth, as a range, and the margin of safety at today’s price
  • Prices to start buying, buy, and buy hard
  • The three things that would make this a mistake
  • Every number footnoted to the filing it came from

The company just told the SEC about a big change. The deep dive shows what it means for the price you pay.

Create a free account to run it

Your first deep dive is free.

What a finished deep dive looks like

Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.