She did very well Kosy., She made a couple of nervy verbal...

She did very well Kosy., She made a couple of nervy verbal mistakes that she quickly corrected and moved on from. She had a lot of information to present and she did it well in presenting enough information to shareholders in a clear and concise manner without giving too much away. People asked about new products and she said she is not going to give the competition advance heads up of their plans. The new products are coming and when they are ready to hit the market we will be the first to know, they are following in Apple's footsteps in cannily presenting a new product just before its ready to hit the market.

The question of low profits per store in the USA was bought up and they said they are looking for massive increases not just incremental increases. It has been flagged previously that the USA potentially in time could become bigger income stream than China currently is.

They again slapped down any possibility of dividends and share buybacks as they still see massive growth ahead and intend to reinvest income back into the company As much as I would love a dividend I would much rather forgo it if it means a sizable double digit growth in the SP every year in lieu of a dividend. I would rather a CEO who may not be a star performer in presenting at the podium come report time. What counts is someone who walks the talk and gets $hit done. She has a enviable track record in doing just that in her previous employment. She gets everyone onboard at the coal face and BOD and with specialized information from specialist consultants she has gone onto add massive value to the previous companys she has headed.

To those who mocked her in hiring consultants well dont you have egg on your face now. This is just the start of the growth story and she and the BOD are executing the growth story superbly. Glad they stated no one has approached them to discuss a TO as us shareholders would miss out on the massive growth yet to come to fruition.