A2 was a lesson! But it taught me not to buy into the hype and work on numbers that make sense to me. Luckily I only lost my gains without actually going into red on it.
I gave up on A2 because of the China risk. I like where the new CEO is taking the company, especially moving away from daigou. But for me the whole getting permission from CCP is something I can't sleep well with.
Back to LOV, there are no registrations required with the CCP to sell jewellery in China that I am aware of!
Like a poster said above, if LOV can do well in the China market, this stock is cheap, if not its fair value.
Ann: FY22 Full Year Results Presentation, page-89
Add LOV (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$31.28 |
Change
0.290(0.94%) |
Mkt cap ! $3.431B | |||
| Open | High | Low | Value | Volume |
| $30.87 | $31.42 | $30.68 | $3.142M | 100.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 666 | $31.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $31.30 | 196 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| LOV (ASX) Chart |