A nice VWAP trend observed for HK8220, BINGO GROUP developed over the past year! This company is 65.49% owned by the famous Mr. Stephen Chow!
The area under the VWAP graph below is mostly positive in the past year, indicating a positive VWAP trend.
As per the first quarterly results ended 06/2012, Bingo Group is in the works of making a full length movie with working title “Journey to the West-除魔傳奇”. It has also entered into the Film Production Agreement with 青島廣電動畫有限公司 in relation to the production of animation movie and TV cartoon of title of “CJ7 (長江七號)”.
I am not Mr. Chow (he is WAY richer and smarter than I am) and I don’t have a crystal ball as to how he would like to develop HK8220. But if you believe in his brand of humor and the possibility to create mega-block busters like Shaolin Soccer or Kung Fu Hustle, HK8220 may be an interesting opportunity.
– Mr. Alpha
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