John Chan

Chinese Discontent Only Minor Setback in Starbucks Growth Potential

Hi Mike,

I totally agree with you, SBUX shall have good chance if they DO EXECUTE correctly.

A friend of mine just asked me after reading my article about whether he should pick SBUX or YUM if he is to choose one, and my answer is YUM.

Even from public domain it is easy to collect enough evidence that YUM is doing better than SBUX at the moment. Just read the followinig 2 presentations from YUM, at least I do NOT see something similar from SBUX.

library.corporate-ir.n...

library.corporate-ir.n...

I wrote this story mainly because I was triggered by the Forbidden City new, I recommend SBUX just because I think it is a good opportunity to buy as it's close to 52-weeks low, I may have to mention that I am BETTING on a good execution of its China strategy. Of course we shall NEVER buy a stock JUST becasue it's at its 52-week low as it can plummet further if it doesn't have good fundamentals. To this point I do think SBUX is a strong brand within and outside of US.

Mike if you live in HK you shall have visited Pacific Coffee here. (I'm based in HK) Interesting I recently have a chance (in fact a rare chance) to talk to the major shareholder of that company (he sold his shares to Chevailer, a HK listed company). From the conversation he further confirmed to me the opportunity and profitability running such a business in HK and China.

In fact I am planning to write something on YUM, just I don't find something particularly interesting related to China yet.....

Is the China Craze a Tech Bubble 2.0?

isn't it a more direct route to bet on growth of China with CEF, which is a real A-share closed end fund, especially if you consider the PRC goverment policy to have more H shares go back to Shanghai/Shenzhen and listed as A-share

Just look at China Life shares in Shanghai yesterday.

FXI is a H-share fund, it doesn't have QFII quota and cannot invest in A-share which is listed either in Shanghai or Shenzhen.

Ten Thoughts On The iPhone

seems like you cannot have a replacement battery for iPhone due to its design.

so do we expect we dump the phoe after 2 years when the rechargeable battery became dead ?

same problem already happened to iPod, that's OK for its price tag, but this time we are talking about a much higher price tag....