worst investments, page-3

Beston is an interesting company on one side you could say they have thrown together a bunch of virtually unrelated assets, the management have/had no real track record of running the acquired assets and an ‘unusual’ business structure where they have handed over asset control to an external asset manager, Beston Pacific Asset Management (BPAM), to which Beston must pay a management fee

That said they have a diversified product range and their business plan does make sense if they can make it work.

I have a small holding but am waiting for the company to prove itself, see how management go and how its business model and strategy will play out before I consider I increasing my holding.

Fortunately I did not participate in the IPO do my position is much better currently than those who did

I personally would not be surprised to see the share price drift lower