QUOTE(Mixo Mania @ Mar 22 2022, 10:08 PM)
Pappajack IPO really doesn't make sense.
A pawnshop growth is extremely limited. At least for Farm Fresh one could argue they could break into international markets or diversify their product.
Pajak Gadai shop...I don't see how they can grow even if they have unlimited money.
Pawn shop profit margin is super high at least 30% with options customer to buy back at higher rate
Business can grow but limited markets hence will see dividends as good as the banks if not better
QUOTE(Davidtcf @ Mar 22 2022, 11:03 PM)
Yea that is the tricky part. How to execute and make sure sufficient number of cows needed for Asian market alone is a big headache already. Milks need to be delivered fresh daily and need to have sufficient demand too.
If you look at their expansion plans they are deviated from their vision of fresh milk as the margin so low and prone spoilage easily
Their growth now formulated baby milk powder for China market to fight with A2