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 …