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06/08/18
14:46
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Originally posted by Moneykkk
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Respect, Respect you 8horse!!!
I agree with your analysis most of time and very insightful. But, put in this way, 1800 stores VS 500,000 is a smaller piece of iceberg, not even mentions how much tins can be sold in these stores. Secondly, These rich guys invested in facility is purely investment. If you have 500 Million dollars, you would look to invest different areas-Doesnt mean Mr Xu's has passion in dairy industry? If so, why don't he build his own dairy brand and sell IF to Chinese customers?
There are 34 provinces in China, and each stats has at least more than 10 province-owned company. The differences between "-central enterprises or state-owned company by CCP" and "province-owned company". WHA signed a contract with province-owned company which is not state-owned company by CCP.
A tin (WHA) SELL $19.99 (HEAVILY DISCOUNT) CANNOT SELL SINGLE ONE IN PAST 3 MONTHS, THIS IS A JOKE!!!!
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You don't need to mix the two distribution agreements (totalling $135m revenue over 42months with Aiyingdao).
This is first time I heard "province-owned" which is a new concept......