What factors did you consider from Tealive?

From the photo about there are two data point missing on Tealive. I'm curious how you arrive to that decision ... initial fee?

I am also curious myself how Tealive can tank this next 1/2 years ahead..

Surely at some point, their profits will be affected considering the amount of bubble tea popping up everywhere in Malaysia providing alternative types of dessert + drinks + style (franchise outlook)..

TL first wave, also they probably have enough cash flow to tank for years ahead, but 2018/19 probably isn't a major year for them since the competitors are everywhere atm.

Also this TL companies have many different F&B belt under them to penetrate different market. I just don't think one should open more TL shops because the owner himself can tank open until 100+ shops himself..

I remember reading about TL in Bloomberg... want to go IPO with valuation of RM300mil ..

Anyone did analysis with the Loob Holdings?

This one good reassurance only.

There's Malay who opens bubble tea or bingsu shop, hire Malay employees and it works out well for them too..

Those korean brands out there..

Similar to how business obtain ISO for their image rather than actualizing it in real world practices.

Also, sometimes you want to beat the Halal and not apply, just create an illusion by hiring Malay workers.

Hehe my valuation there is termed as a joke considering how unicorns are talking 1bil valuation easily these days.. not even sure how true.

Sustainability - WeWork huhu... https://www.bloomberg.com/news/articles/201...at-saudi-summit

huhuhu