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Opinions Teal Linde
Jumei International HoldingJMEIPAST TOP PICKSep 14, 2015
Teal LindeOwned
$9.33
Stock price when the opinion was issued
$19.95
As of Apr 14, 2020. Market Open.
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HOLD
The ecommerce sector is growing. These guys changed their business strategy slightly in order to get rid of all fake and counterfeit products. They allowed third party vendors, but can’t police it enough so have decided to get rid of them. This caused revenues to come off a bit. He is going to stick with it.
Teal LindeOwned
0
TOP PICK
China is downshifting so they rely less on commodity intensive growth and more on consumer consumption. Mail order and online sales are taking off there. This is a Speculative Top Pick. They are the number one online retailer of cosmetic products in China. They are the one with the most reliable supply or products.
Teal LindeOwned
0
(Top Pick Sept. 11/14, Down 65.98%) He had a double for a while. It has been very volatile. China’s Internet economy is still growing at 30%. There are only 4 major players and this is one of them. They specialize in beauty products. They changed their model to be just a direct provider and get products directly rather than from intermediaries. This is Alibaba’s model.