There is no Google, rather Tencent, Sohu and Baidu.
What are the plans to get your product into the consumers view and then better still sell it?
Is the market demand or supply?
Lets look at some of the clients listed in the IPO and you tell me which ones would want to sell to the Chinese?
That is after they have tried their guts out to sell to the Australian market and post healthy products.
BCF - No
Big W - No
Breville - No
Bunnings - No
Dan Murphys - Perhaps - Wine
Esprit - Perhaps - Brand
Forever New - Perhaps -Brand
Harris Scarfe - No
Jeans West - No
Kathmandu - Probly not given the losses they reported today.
Masters - No
McPhersons Consumer Products - No
Myer - Yes - Brands
Rebel Sport - No
Smiggle - No
Supercheap Auto - No
The Reject Shop - No
Woolworths Supermarkets - Perhaps - wine and food
All the goods are manufactured in China, so it is only brand or goods that are not a Chinese good that are of interest.
Your telling me BCF are going to sell a tent in China.
Or Bunnings sell building products in China.
It is not a matter of the company being liked or trustworthy. It is about who is going to spent money on their business model and then how successful that model is.
As I mentioned before the IPO stated no competitors in this space, well now there is. Furthermore the client can be a competitor
I do not wish to see people throw more money down the well.
ECG Price at posting:
32.0¢ Sentiment: Sell Disclosure: Not Held
