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Re: Altitrade Partners post# 6238

Wednesday, 06/21/2017 9:28:52 PM

Wednesday, June 21, 2017 9:28:52 PM

Post# of 8799
I agree with your point and your valuation. However, the valuation you are referring to right now was from the past few quarters that justified pretty much mainly from the domestic market.

It's just that right now we are talking about expanding the business globally to Singapore and Hong Kong. If it is a success, they would most likely get into China market. There is still a growth potential in this company. However, let say if they can't sell the products well and the revenue doesn't justify the current valuation, there will be correction on the stock price at that time.

However, I believe Li Ka Shing has all the connection needed to grow the business. In terms of marketing, G.E.M is pretty famous in China and Hong Kong. Based on the information I read, she would be the one of the person that market the product and her audience would be around 20-40 age group. I believe that is the age group that would more buy into the idea of promote metabolism and burn extra calories. I am just pure speculating at this part but I won't be surprised to see the revenue increase once they get into Asia country.
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