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kanishk Bhatia's avatar

Did you end up buying Fu Shou or passed in the end?

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Michal's avatar

Hi. Do you know if the sale of land is forever or is it a lease? In my country you do not take ownership, but instead enter a fixed term lease. If it's indeed sold, terminal value multiple might not make sense, as they would run out of inventory. Does the firm have any recurring revenue? Anyway, great article!

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