TSXV:RBI.H - Post by User
Comment by
HighBuyon Jul 04, 2014 1:14am
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Post# 22715360
RE:RE:Royalties from China!!!
RE:RE:Royalties from China!!!I got this data from the quarterly earning.
Remember, they are essentially doing nothing, no risk of financials is being taken under there part. And you might think the 23$/HL is bad. But consider the cost of living in china.
This is significant, China is in massive debt right now, they have surpased the US right now. And as you can easilly find out on the internet, china will need to increase consumer spending.
Now you point, to the beers being essentially unwanted by asians is a little far fetched. You have to understand that china is changing, they are building ski resorts (china mountain resort MCG.V) I believe, they essential built almost everything....ok off topic.
.....
THIS IS MY POINT.
What would happen if you are both right and wrong, if chines people become acustom to this beer how are there competitors? As branding is big in china!
THIS has a huge potential, and you bashing this to the grave does not help either....you have to realize that ZERO....royalites have been given yet ZERO. But russell has continued to slowly increase in revenue. And it is niche, it is the largest and oldest brewery in Manitoba....
So yeah,
Think what you want, all I have to say is the best investers are at best 60% correct (at best).
Lets see and wait!!!
Oh and by the way the OBV has constantly been increasing!!!