OSIM International

[BlueKelah]

Brookstone was a lifestyle chain in the US that OSIM finally divested after it went into bankruptcy proceedings last year.

TWG is a luxury tea chain which OSIM has acquired for aggressive expansion in china. Like brookstone i am pretty sure they are planning to IPO TWG Tea at some stage once they have enough expansion and stores in china to qualify for IPO.

With the clampdown on luxury spending in China, we can see that profits are already starting to take a hit.

5 cents should not be hard to imagine if the bubbly stock market in China and HK come tumbling down. Dun think the luxury tea and luxury massage chair businesses will be doing well. A lot of luxury brands are shuttering stores now in China.

Will revisit this thread again when this perfect storm occurs again, otherwise just like stratech, another waste of time counter