At last there is life in this company. Although not too significant, i see this as a plus. FCP has always been a long term play in my books. To succeed in China you need a foot in the door, and with the revenue increase TFY, although at small margins, it means the business is picking up custom. I still believe the chinese people will grasp the idea of online payments with a vengeance in years to come. Look at Australia, we buy newspapers and milk with credit cards instead getting a five dollar note out of your wallet. China will become a cashless society, just as the western world has embraced the idea. Director obviously thinks they are cheap. Tightly held company now and i see revenues growing strongly especially after the olympics, how many visitors i wonder asked the question "do you take credit cards"
FCP Price at posting:
$1.80 Sentiment: Buy Disclosure: Held
