Finally a Chinese share getting some love. This is probably my favourite Chinese company. The potential to sell the growing middle class in China safe, affordable food resonates with me. Most of their food at present is grown in China, though they purchased Flavours in Australia for a couple million, I assume to start shipping China.
Have made a nice profit. Can't justify selling though, as it is still not even close to fair value. I would like to know why WQW is getting traction whereas so many other Chinese shares are completely ignored despite solid financials, dividends, and earnings growth. Playing the long game with these. Have taken heavy hits with many other Chinese shares... but the financial fundamentals of my Chinese shares basket is solid. In for the long haul. I think sentiment will eventually turn... but will keep buying bargains at P/E's of 1 and 2 until then.
WQW Price at posting:
66.0¢ Sentiment: Hold Disclosure: Held
