AU8 1.67% 6.1¢ aumake international limited

Ann: March Quarterly Report & Appendix 4C, page-28

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  1. 151 Posts.
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    This statement has me really concerned....

    The share value alone is not an indication of a company's strength/resilience to market disturbance.

    And the difference between AU8 and a company like A2M is that AU8 effectively OWNS NOTHING other than a couple of shops in the main street.

    They have no production facilities, they have no product of their own to sell, they have NO moats around their business model.

    If there was a trade war with A2M could still turn around and sell their product domestically or to other international markets. Might not make the same profit but at least they have something to sell.

    What does AU8 have? A couple of stores with Chinese speaking staff. Thats pretty much been their whole "selling point" since they launched.
 
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Currently unlisted public company.

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