40% market share in China
A staple ingredient in the Chinese Cooking culture
Popular household brand - Golden Dragon
Here is how it looks like
Now as middle income group in China keeps growing, the choice of oil selection becomes more apparent as well. Now, they can afford better quality, better brand image and Golden Dragon brand has earned that over the years .
If you have been following me, I talk about the importance of stickability in a brand or company that I like to invest in, such as Tencent for games, Meituan for food delivery, Haier for appliances, etc. The more they use on a daily basis, the more entrenched is the habit and the harder it becomes for them to switch.
That is a competitive advantage that competitors will have a hard time trying to steal their market share. With a strong parent company like Wilmar International , it is well poised to make stellar performance in the years to come.
Wait for pullback and go long.
A staple ingredient in the Chinese Cooking culture
Popular household brand - Golden Dragon
Here is how it looks like
Now as middle income group in China keeps growing, the choice of oil selection becomes more apparent as well. Now, they can afford better quality, better brand image and Golden Dragon brand has earned that over the years .
If you have been following me, I talk about the importance of stickability in a brand or company that I like to invest in, such as Tencent for games, Meituan for food delivery, Haier for appliances, etc. The more they use on a daily basis, the more entrenched is the habit and the harder it becomes for them to switch.
That is a competitive advantage that competitors will have a hard time trying to steal their market share. With a strong parent company like Wilmar International , it is well poised to make stellar performance in the years to come.
Wait for pullback and go long.
Comment:
Beautiful....
Comment:
after consolidating from 67.15 to 73.21 and breaking out of it, it wasted no time to charge higher..........
Comment:
Praise the Lord. It goes up beautifully
Comment:
A good accumulation point at current support level.
Comment:
added more
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congrats to those who followed. Praise the Lord