EP, <<setting up a small spa is easier tha in China>> ... yes, and but, setting up small spas is easy, but not big ones, and certainly not publicly listed at one of four premier financial certers of the planet, with no debt and only asset, while liability is actually guaranteed customership, with a portion possibly never claimed, and have the persona to keep selling 24-months use-it-or-lose-it coupons, until al of China is rolled in ... intoxicating thought
if one thinks about business models ... it just doesn't get any better than collecting money and collecting more money, while the cost of delivery is effectively locked in and some portion of coupons never used :0)
in any case, 0919 report announcement is within 15 days, when we will know the lady's payout policy, dividend rate and implied PE and progress on China stores ... let's watch
neat gambling event, rolling in my favorites, massages, reflexology, cash, and fiat coupons ... now do you see why I like ? :0)
one promise to self ... every ounce of profit, oops, I meant every dime of profit from the trade will be turned in for either solid gold bullion or hefty platinum wafers.
chugs, j |