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if I were the management, I will give a special personal sales bonus of 5% for member/distributor hold 10k shares of Zhulian to encourage share ownership
Cash reserve up from earlier qtr of 78m to 123m to 143m now. In view of tariff issue, cash management is excellent. Nevertheless no export to US.Business mainly inter Asian,Thailand ,Cambodia. In future Vietnam ,Cambodia,Laos,Indonesia. Prospect is great because high gold price will divert buyers to high quality Zhulian jewellery Tariff is non issue for Zhulian.Zhullian is mainly Malay consumers, it will benefit from so many government cash hand out to Malays. Stay invested
CBIP is also Oil palm plantation player, having 60000 hectars of plantation in Kalimantan. Expect next 4 quarters result to be positive for CBIP and plantation counters in general