$XTEP INT'L (01368.HK)$ if there a increase in profit why d...
$XTEP INT'L(01368.HK$ if there a increase in profit why does the the drop? 🤔 How does this compare to $LI NING(02331.HK$ $361 DEGREES(01361.HK$ $ANTA SPORTS(02020.HK$
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haiwei183 : good
Jeff Boyd : Company is generating very good profits but the share price is very high relative to those profits. I did compare them to Li Ning and thought price was much more reasonable relative to the risk so I bought some. Still, unless they can increase returns to the same level as Nike, which is tough to do, it is hard to imagine this being a good long term investment even though it is obviously a great company.
Jeff Boyd Jeff Boyd: Was talking about Anta and not 361. I'm still trying to learn how to use these comment boards.
xiaomituOP : $XTEP INT'L (01368.HK)$ is high volatility. Moving high and low. Most China sports brand growth limited within the country only.