-
Share
13,920 Posts.
341
11/05/15
16:50
Share
Bought in today on the growth story....
Esp China
The Chinese invest their lives into their kids...
Most still only have one child.
They want it to be strong, healthy and well educated....there is no safety net in Communist China
(go figure).
The child is the parents safety net as well as the carrier of the family name.
There have been scares of fake baby formula in China over the years......
No cows in China.....(I think).
Dairy just isn't part of the traditional Asian culture...but parents want their kids to have it to grow big and strong.
I think the potential for this is really big...sounds like management are onto it judging by the way they are beating the recent prospectus.
Happy to hold and watch the PE come down as earings grow.
If I'm wrong about anything I said about China or the Chinese....please let me know.
-