Yuyu, I was extremely lucky to get out of CL8 this morning near it's top. Then by a fluke was equally lucky to throw the proceeds toward an already large holding in SMA before the announcement.
From past experience the SP will continue to rally for a day or two as we have heard only a minor instalment to the story today. It merely confirmed that the revenue growth is linear and dependable. The game changer will be more announcements of newly opened regions or new partnership developments and may even have such an announcement within the week. The SP might take a breather sometime, but it is very much a medium / long term hold toward certain profitability sooner than previously anticipated.
Having been to many SMA AGMs over the years listening to the board struggle with breaking ground in China, this year that old tea urn might very well be replaced by champagne on ice for the longterm faithful.
Super Exciting Week Coming?, page-96
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