Across the board XPD and their competitors are experiencing good...

Across the board XPD and their competitors are experiencing good growth. It seems soccer sports wear in China is a good place to be.

The competitors have a much higher payout ratio 40% to 70% compared to our 20% policy which shouldn't effect the P/E ratio but the market is crazy.

I'm glad they have adopted a strong growth strategy and opted to pay out a low ratio.

Nike pay out 25 % and trade at 18.5 times earnings, wouldn't that be nice.

Interestingly there are a lot more buyers than sellers at the moment. The accumulators must be gradually taking the long term sellers shares off the market.