ORL orotongroup limited

orl punished, page-14

  1. 1,246 Posts.
    lightbulb Created with Sketch. 25
    As I said before.
    Location is important. Not much point having a store which is new to the Asian customer, that has virtually nil foot traffic, but probably a high rent. Now I have actually been to one of these Asian stores, so if anyone else has been to one of these please feel free to comment.
    Secondly, the share price was over valued above 9 $ and the market is now correcting it. Expand away, but don't expect to be priced at high multiples and not deliver the earnings without being hit.
 
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