$JD LOGISTICS (02618.HK)$ This stock really does not work, f...

mniw OP : Double Eleven is also powerless, super rubbish

86868686 : Money scammers release good news every day, stocks fall day by day

Huattttt : Yes, I bought it at a high price and kept getting carried away. It went up and down day by day. I really wanted to sell it

CoolWaterCoolWater : Is already 6 month.   And the performance is suck.  

mniw OP CoolWaterCoolWater : Agree

Poop Turtle : Ipo Cornerstone investor. SoftBank pump 660m Temasek 200m
This one need time to ripe… hold long term. If u set up company u don’t expect to be profitable Within 6 month. U need to let it Improve the capability.. if u are a big manufacturer in China. U will want to work with jd logistic which have warehouse in every big cities in China and own cargo plane and Lorries

Poop Turtle mniw OP : Logistics business cannot compare to tech business. Margin are Low. Capital are intensive to scale

Poop Turtle : Just like Telco business spend hundred of millions bidding lic and building infrastructure. The one that benefit are the software companies and streaming co. Only need to spend money creating contents

Poop Turtle CoolWaterCoolWater : when Amazon start to create their own logistic. FEDEX and UPS see it as a thread to their business also.