We all know this is cheap. We also know that there is the general consensus that China must promote and increase consumer consumption. ONC will definitely benefit from this however putting all these growth factors and cheap valuations aside I must raise a concept that I have been thinking about for a while now: The Catalyst. What will be the catalyst to get the market to realise the tremendous value in ONC and when will this occur? It's frustrating to see companies on my watch list exploding higher while ONC dribbles forward. Return envy and catalysts two concepts for investing that I will attempt to understand this year.
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