KBS Fashion Group Limited (KBSF)

[Longer Than Most]

Nice close. Gaining momentum. They could drop a PR any time. I’ll have to do some digging but an annual report could be due soon. Last year they liquidated many stores and started to shift to online exposure and lean business strategies. A new CEO and over $20M in cash ALONE could mean massive things if they’re smart about it. A positive annual report could be big, but imagine it was paired with a simple stock buy back program by using a measly $1M from their cash ?? It would send this right back to IPO levels of $100+ imo haha and become the next WINS. Remember this has a 660k float - one of the lowest on the NASDAQ, and it is a Chinese stock which is undervalued in nature and definitely shows some turnaround potential given the right circumstances.

We’ve all been seeing the low float pop lately, but KBSF could be a true standout among them in that it is highly undervalued at these prices based on CASH ALONE. We’ll need the latest 10q to confirm but these prices could be history really fast given the right ingredients imo