The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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Is this stock ever going to move..........
I think the software (once we get the deal) will bring England Pie together as one conceptual group of offerings in China/HK and be able to capitalise on the overall brand as well as the brands of each of the items within it.
GLA DYOR
My feeling is they have delayed the results to gain very positive maiden profit news. Not long to watch this do a Futura Jib
Excellent post and share Callit
https://www.lse.co.uk/rns/SCGL/market-update-30kilone4e4y6mb.html
"Since the launch of its trial operation on 8 July 8 2020, the overseas Tmall flagship store of Qiaohuajiao has delivered turnover in excess of HKD 500,000. The average amount per customer transaction is over HKD 350, and the sales volume has exceeded 1,200 packs. On 24 August 2020, Qiaohuajiao was sold through live broadcast on the platform for the first time. The entire warehouse stock was sold out within three minutes, with Qiaohuajiao being the number one ranking store in the Chinese fish maw industry on that day.
Qiaohuajiao is currently actively preparing for the Double Eleven sales and promotion event and continues to cooperate with Tmall International. Double Eleven originated from a similar promotional day first held on 11 November 2009 by the Chinese e-commerce giant Alibaba. It has since evolved into an annual industry-wide event, similar to Black Friday elsewhere in the world. From September 2020 Qiaohuajiao will upgrade its stores, launch a new import business, and participate in Double Eleven which Sealand expects will bring further impressive sales figures."
So how did singles day(double 11) go?
https://www.cnbc.com/2020/11/12/singles-day-2020-alibaba-and-jd-rack-up-record-115-billion-of-sales.html
HannsG - I understand why you have made that point bus is their business likely to be affected that much by Covid...? Most of what they do shouldn't have been affected IMHO
Maybe results will be poor given the impact of COVID. I have seen the same sentiment on other RNS reports. Be prepared
Isn't this news already factored in otherwise we would see buying?
Also AlipayHK, Octopus, Tap & Go but we don't care about them :)
Everyone in Hong Kong to get HK$5,000 to spend of fish maw and fragrances* via WeChat Pay HK :)
* and maybe other things too.
"The scheme, a key policy from Chan’s budget speech in February, will offer every adult Hong Kong resident HK$5,000 in local spending vouchers, benefiting 7.2 million people.
It will cost the government an estimated HK$36 billion, of which HK$600 million covers administrative expenses."
https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3136348/hong-kongs-hk5000-voucher-scheme-set-open
Some proper wierd and underhand trades here...
We are due news before the end of the month I gather.
small buys and sells stink of manipulation and games Lets hope its upwards
The trades today (16b June) are baffling and bizarre, all I can think is that it is some form of signalling, to what end I don't know, but I have a funny feeling things are about to go nuts... Not ramping, just saying :)
Yes what's going on here? Does anyone have a answer.........
Someone with 500060 shares and OCD?
Whats going on here?
Potential transformation to going into positive ground with maiden profit.
It will shoot if that happens
PP, lol, I wondered if you'd hit the wrong board as your posting history is pretty good :)
Sorry, my bad wrong BB, seems stable hopefully news soon.
Tanking? Bid seems stable.
2 weeks left and still no word from BOD
tanking now
Yep. With that level of buying on a a supply of shares that 's tight I would have expected a greater rise in SP, perhaps MM's are being cautious or content to allow a lot of buys at a set price - not long till the results, fingers and toes crossed. GLA.
Was hoping for an RNS... Nice buying yesterday. Let's keep the momentum
Praying for some decent news
Yup some nice blue, hopefully report is bullish and leads to nice volumes