Best pacific international listed in hong kong, code:2111
It’s listed around 2 years and although IQ doesn’t recommend stocks with less than 5 years listing is it possible to consider this stock? The business is growing very fast and plans expansion to cope with the growing business over the long term. Moreover the company has collaboration with major partners such as Victoria secret and under armour.
Potential risks is concentration of customers, Victoria secret contributes 15% of the revenue and the 5 major customers accounts for approx. 40% of the revenue for the company.
From what you mentioned above, I assume that the company is a retailer who also own other franchise like Victoria Secret and Under Amour. Am I right on this?
Hi Victor yes, I think it manufactures products from major companies
Ok Generally, we don;t really invest in retailer and they always have rental pressure but of course there are cases that retailer also performed well. I have not seen this company before but from what you say it seem like worth a look.
Hi Victor I believe the company is not a retailer business, it manufactures products for clients