I like this a lot.
At this stage I see real short term gains from the premium match making stores.
They should easily be able to get the same performance at shenzen, not sure about the others but Singapore is another strong location.
Basically fees are paid upfront so they'll be scaling up revenue quickly. Hong Kong is already at 1.2m profit margin
This definitely will have a rerate, almost cash flow positive and there's no HC squirrel club yet.
I've mopped up most shares at 22c over the last few weeks and it's dried up. Hopefully a 2x or 3x bagger in the short term once others catch on
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