Osim International stock price went as low by 13.7% to $1.665 intra-day today before regaining some ground to close at $1.735. Still today’s closing price is 10.1% south of the previous day’s closing. The direction in the stock is not surprising given the company reported a net profit which was 53% lower year-on-year. There was a flurry of analyst reports tossed out in line with the “southing” of Osim stock and I recall that it was not long ago that I read that the analysts giving Osim stock a “Buy” rating. Osim sells massage chairs and branded premium tea which to me are considered luxury items which will sell well and sell more if there is growing affluence among the people of Osim’s markets. Personally, I do not quite like to invest in a stock which sells luxury products as it is really a cyclical stock, ......