Saturday, October 28, 2006

A star does not shine temporarily

Osim is a big star in Singapore. It has very high publicity and you can spot its products everywhere.

One of my friends told me that she bought the Symphony massage chair and actually cured her long time neck problem.

I was very impressed by their products. I bought one of its products and also bought some shares. But I sold them when the share shoots up too quickly.


Recently, it came as a shock that it swings into loss. The main problem is in the China market. The copy cats in China made false and exaggerate claims that triggers Chinese government to take some action on them. That affects Osim as well.

But I believe Osim will get over this eventually. Its marketing savvy management and superior products will once again put the company in the good position it once holds.

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