Fu Shou Yuan (1448 HK)

27 Feb 2014 17:09 #19248 by MacGyver
Dear Forummers,

After reading the article by NextInsight as well as the Citi research report, I went to do some research and market check on the industry and the Company.

Some friends in China have made arrangement for me to visit some of their facilities and sales office.

At the present moment, I find the Company's margins highly impressive and will need to verify certain matters to be convinced that these margins are sustainable.

At HKD 5.00, the Company is pretty expensive and it will take a brave investor and "a brave Citi analyst" to call for a BUY.

Will keep everybody update on this.


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