China Growth Stocks

[GorillaGorilla]

Yong now has 7000 stores thats 40% Q/Q

They are announcing [1] 40% growth of stores but that's quarter over quarter. They announced they had reached 5000 in June [2] and 3500 in March quarter [3].

They were in the hundreds during 2008. YONG's strength is the marketing - they saturate a village with marketing and end up selling nearly all (heard reports of 80%) YONG fertilizer in the village - it's a matter of eduction and marketing all rolled into one.

Anyway, quite spectacular and their 50% for next 3 years looks very doable given they have twice the number of stores than they had in March quarter the start of the agriculture season.


[1] http://app.quotemedia.com/quotetools/newsStoryPopup.go?storyId=25549156&topic=YONG&symbology=null&cp=null&webmasterId=100983


[2] http://app.quotemedia.com/quotetools/newsStoryPopup.go?storyId=24156528&topic=YONG&symbology=null&cp=null&webmasterId=100983

[3] http://app.quotemedia.com/quotetools/newsStoryPopup.go?storyId=22286814&topic=YONG&symbology=null&cp=null&webmasterId=100983