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From: | "Kevin Krebs" <KevKrebs@paradise.net.nz> |
Date: | Wed, 20 Jun 2001 09:04:50 +1200 |
There hasn't been to much interest in this stock
since listing. I suppose the odd disgruntled invester
ditched their shares. The share register shows that there
is little institutional holders and that co founders
own over 50% of shares on issue.
Appearance medicine has been experencing rapid
growth, less invasive & less expensive than cosmedic
surgery. Establishing a network of clinics (including 6
new this year) will reduce the threat of competition
while building a strong market presence. The company is
encouraged by the first two months revenue for
the current year.
All in all,
this might be a good one. Sometimes it enjoyable to find a
company that may have been a little overlooked. I
plan to visit one of the clinics and ask management a few questions which may
be useful . The last
relatively new company that i talked about on the forum was SOE (at the time was
around 85cents) . Its moved a bit since then. Can't always get things right in this game, but luckily you only have to be
right some of the time. I would appreciate any comments or views about this
one.
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