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Strategies & Market Trends : Value Investing
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To: Paul Senior who wrote (28585)10/17/2007 6:16:10 PM
From: Jurgis Bekepuris  Read Replies (1) of 78746
 
Ahh these Chinese medicine companies. It's really difficult to separate wheat from chaff there. IMO, most of Chinese traditional medicines are not proven, possibly not effective, and obviously not certified. Which does not mean that people won't buy them, especially in China or the rest of the Asian countries. People even buy them here in USA, I know, I did. ;) If they have connections, the government agencies will not close them either. So it's like the "dietary supplement" companies in USA minus the lawsuits and liabilities... until they forget to pay the bribe somewhere. ;) There are also tons of them, most not publicly listed. How big and competitive they are? Who knows. You have to get into China to know.

AOB is one of the celebrated Bruwin picks. CHME may be as successful. Or not. If AOB or someone else has bigger and better connections, they can shut off CHME.

IMHO you really have to know the situation in China to invest in this one. Or in AOB. :/
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