E88 0.00% 0.0¢ ensogo limited

You never know, it's definitely a lucrative market no doubt, the...

  1. 1,774 Posts.
    You never know, it's definitely a lucrative market no doubt, the technology revolution in India is real. Ensogo is not in a position now to act on it as they first need to turn the SE Asia operation into a self sufficient one.

    But down the track who knows, especially with VIP shop's interest at hand I can see how they could increase their stake and use Ensogo as a vehicle to test the waters in new and riskier markets, at the end of the day a VIP type venture will always be too big for Ensogo to compete with due to their first mover advantage and hence Ensogo will be taken out if it succeeds in what it is trying to achieve right now!
    Last edited by trythree: 13/06/15
 
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