I thought the analysis is quite incomplete. Big problems due to covid? One would have expect a more in-depth discussion on their business model and new business areas. E.g didnt they just bought a bank? although I cant say for sure it is good buy.... In any case, I would think most businesses which is directly or indirectly leading to travel are affected by covid. So what's new?
$MICROPORT(00853)$does anyone know why the company spins off their subsidiary, there is no 'revenue' attributed to existing shareholders? this is like siphoning value from existing shareholders?