It's a retailer that also targets the Chinese population through wechat and its website. They've also acquired Health Essence and Jumbuck uggs and now they're planning on doing an acquisition of a milk formula and cosmetic company. Doing this is going to add millions to their profits and it's going to keep increasing as they expand and do more acquisitions so I reckon it's stock valuation is justified.
AU8 Price at posting:
65.5¢ Sentiment: Buy Disclosure: Held