So true @OnlyTheBest. Context is so important when investing. Everyone has their own opinions about each stock but some investors consistently win and some consistently lose. JAT achieved a lot last quarter. They had a lot of unique costs (Acquistion of companies with their own products, and a distribution network that funds future growth and a high profile representation at CIIE) to get the ball rolling, but are starting to see sales now.
Investing in future expansion like JAT is doing is not attractive to the current market. It will wake up soon.
JAT;s simple strategy is playing out beautifully.
They have the networks and are familiar with the market in China. Hence, NEURIO has gained massive traction in China in the last quarter. They only landed on most online and most brick and mortar stores during last quarter which makes this an amazing feat. They have even expanded sales to Korea and Japan. 300 000 tins in that latest deal equates to approx $20 million in revenue for 2019.
They are focusing on increasing margins by changing what products are being sold, and building a new manufacturing facility.
They are expanding the ranges of high demand/ high margin JAT products.
I love JAT, It is going to fund my retirement from a small investment.
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