Bunifa Latif
2022-05-09

$Midea Group Co.,Ltd.(000333)$

Midea Group was established in 1968 but it was in the 1980s when the company entered into home appliance manufacturing. Today, the group is one of China’s top white goods/home appliances manufacturer but it has set its sights to venture into more segments such as robotics & automation, ventilation and building systems, as well as medical equipment. I like Midea for its diverse product range that have been historically well-received by consumers, and it is also well-positioned to capitalise on the growing acceptance of internet-connected appliances over the longer-term. DYODD :)

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Comments

  • BorisBack
    2022-05-09
    BorisBack
    Agree with the author. I am also optimistic about this stock. I will follow it for a long time. Good luck to all long-term investors.
  • ChristKitto
    2022-05-09
    ChristKitto
    I am also optimistic about the future of this company. As it moves into more frontier areas, its revenue will be more diversified in the future.
  • AfraSimon
    2022-05-09
    AfraSimon
    Agree with the author. The company's small household appliances are almost everywhere, and the brand awareness is quite high.
  • bubblyx
    2022-05-09
    bubblyx
    Midea has many novative technologies recent year.
  • Bunifa Latif
    2022-05-09
    Bunifa Latif
    DYODD and enter at a comfortable price :)
  • Smervf
    2022-05-12
    Smervf
    Be greedy when others are fearful. In uncertain times with so much unpredictability, time in the market beats timing the market [666] [Salute]
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