MOHO ECMOHO Limited

on

ECMOHO LTD



Started in 2011, they are headquartered in Shanghai, with branches in Hong Kong, Japan, South Korea and more. Non-medical comprehensive health service provider focused on providing brands with omni-channel retail services. Leader in cross-border ecommerce providing one stop services for many international brands to enter china.

They focus on
  • Medical retail service
  • Marketing service
  • Customer service
  • Warehouse logistics

Fundamentals

12.24M Float

Why I like them?

  • YoY Revenue Increase. This is the most important factor and it trumps all other catalysts in my opinion.
  • Uhealth limited brought 33.78M+ shares
  • Warehouse logistics network - such a key role in today's supply chain demands.
  • Upcoming Q4 2020 ER, historically they have been doing a good Q4 ER. Expecting YoY to match same as 2019 FY.

Key Notes




Warehouse Logistics

  • Self operated warehousing + Supply chain
  • 60,000 orders per day


Financials

Reference: https://ir.ecmoho.com/static-files/7b2b2967-7668-422a-a0ec-bb50ea1a95e9

Increasing Revenue



Debt to Asset ratio



Technicals

  • Support nearing bottom of Bollinger band (my favorite play)
  • RSI Oversold, Indicated the buy zone. PT 3$
Support: 2.00 > 1.60
Price Target 2$ > 2.35$ > 2.65$ > 3$ > 3.29$ > 3.98$ > 5.50$+











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