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By stlplace on May 9, 2007 in Business, China | 0 Comments
I mean the stocks (SBUX), not the latte. I believe the ”so-so” same store sales number for the Q1 is the main reason for the recent drop. The stock is still not cheap by looking at PE (37), with projected rev/earning growth at about 20%. But this is Starbucks, normally they don’t go on sale. Near term, I believe SBUX […]
By stlplace on May 9, 2007 in China | 0 Comments
I watched an interview on China-CBN last night, the guest is a guy from McKinsey, and he is familar with the consumer trend in China. Some interesting points I took down here:
1) China is the No 4. in the world in terms of GDP; I believe China is No. 1 or 2 receipent of foreign […]
"古人云，人不自信谁人信之." Others won't believe in you unless you believe yourself. --Chinese proverb
Hello, world :-) I am not another stock expert. I am an ordinary guy who believes: by lifetime learning, indepenent analysis and disciplined investing, little guys can achieve great return.
I grew up in China and currently working on CFA level I this June. Here I'm blogging about business, finance, stocks, other fun stuffs in the US and China. Comments and Email are welcome.
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