15-04-2013, 05:05 PM
(15-04-2013, 03:19 PM)Ben Wrote:(15-04-2013, 02:56 PM)CityFarmer Wrote: Well, the online biz's losses are necessary and expected, base on management's statement in AGMs.
Why is it that losses are necessary? I don’t understand. It is fair to expect losses in the short term, due to numbers of factors, but ultimately these businesses should be profitable, which is why they want to buy in the first place. Besides, these online businesses, if left on its own, are growing and profitable, so why should it not be the case when it is run by SPH?
I think I need to make an effort to attend the next AGM and hear from the horses mouth.
SPH needs significant present in online business world, to avoid irrelevant by surprise.
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡