I LOVE the China reference, especially when it's made by people who struggle to find China on the map, let alone who have done business there and know anything about what is really going on. And by 'done business there' I don't mean flying in/out every 4-6 months in Quantas business class, but real coal face kinda local **** that never makes it into the email reports to middle and C-suite personnel back in sunny 'stralia as they'd shyte their pants if they knew the truth of what they're up against. Talk to those about China who actually are doing it and not the 98.5% of firms operating in the country that are still trying to figure out shit, or their arm chair investors boasting on HC about 'we are in china and you are not'. And that's before bringing any kind of actual valuations-based arguments or geopolitical aspects into consideration. Oh crap, I forgot, you cannot argue on valuations as you don't even know how to calculate FCF or any steps thereafter to assess valuations. But yeah, snap, keep on going about the crap stock that DW8 is.
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