Read? Part-Time And Free Lance Jobs (2)
Somehow this thought came into Uncle8888's investing mind on fundamental analysis as retail investors.
As outsiders how far into the future can we as retail investors analyze company's business/fundamental based on publicly disclosed materials and quarterly financial reports.
We can analyze the past but how far into the future?
Uncle8888 started this 8 HWW (Hours Work Week) last June 2017with 16 outlets in 8 retail malls in Hougang, Orchard, Bugis+, Doby Ghaut and Raffles City.
In less than one year into this job; he realized tough competition in F&B space.
Jun 2017 : 16 outlets in 8 shopping malls
3th month: Aug 2017
1 outlet closed shop and left with 15 outlets in 8 shopping malls
4th month : Sep 2017
1 outlet closed shop and left with 14 outlets in 8 shopping malls
As outsider he has started seeing the fundamental of this company is deteriorating and business is slowing down and going nowhere ......