LRK 26.4% $1.39 lark distilling co. ltd

dairy good indeed and low fat as well

  1. 7,180 Posts.
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    Took a small position today......high risk of course but it seems cheap....The announcement yesterday was one more advance in what seems a steady progression into the Chinese market. The company seems to have positioned itself with a subsidary of an experienced and reputable local company (who has a 6% holding in MTI). As much of the business is based on licence agreements and partnerships the risk is that the locals will canibalise MTI or develop their own stand alone "like" products.Still saves some of the very costly "store entry" upfront costs. Anyway a smallish outlay for a possible nice return.
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