Now the virus is spreading to an unexpected spot: furniture sellers in the United States.

“We have received notice from various manufacturers and suppliers that they are extending the ‘Chinese New Year’ [holiday] for at least one extra week to accommodate the quarantines.” said Jesús Capó, Chief Information Officer at Florida-based El Dorado Furniture. “We will run a little short on some products—but if it continues, after a while you are going to have to find products somewhere else.”

While some plants have begun reopening across the middle kingdom this week after lunar year closures were extended over fears of coronavirus, it’s still unclear how long it will take for workshops to become fully-functional as cases continue to mount.

Capó estimates of the delays in shipments could rise to a month, depending on how the virus spreads.

“We have a buffer to deal with unforeseen circumstances, but if we continue to see delays, we may not have enough stock or have to source inside the country,” says Jameson Dion, vice president of global sourcing at interiors retailer City Furniture. “We anticipate a material impact on the business—we just don’t know how bad.”

Actually does a lot of sifu defend themselves in public forum?
Only one
LOL

TMs son. Still relevant?

Maybe 50 cents by May

Oil will go below 30 in April

Can Encorp pay if production is below cost?

People forget about the property division losses. Looking at current scenarios it's going to be huge

So overpriced. Miserable profit. Should crash soon

Exchange 4.27

support at 75?

see the rate of distribution....

closing the price to the warrants....

margin call coming...

Wait for April. Another
Margin call..

Collect when they push it down...

wait for April, where the over production comes in...it would be worse

The warrants are grossly overvalued. Such a premium wont last long. Predict its next to fall

Let it be. Its grossly oversold. Let the operator sell more

Another eps 7cents?

Yep. Operator trying to collect warrants. Let him sell down. We slowly collect...

Exchange 4.25

Can their clients pay them now that oil is below cost?

Futures up 800 points

Why give the link to the Star?

Why KYY blamed margin financing? He knew the risk when he activated it..
Strange
Why he doesn't blame his greed at 2.90?

Single digit rsi..grossly over sold. Maybe wait for afternoon when DJ futures is seen...

Coincidentally Apr 2014 is the time furniture stock starts climbing after the oil crash then...

Haven't seen this price since April 2014. Pohuat could be debt free by this year

52 week low

Who would sell when the price has not reached this level...

Operator pushing it down. Suspect the major shareholder. Road block in place

On the hand, there evidence of furniture supply disruption from China hence Malaysia and Vietnam could be on a sweet spot

Exchange 4.24

126 mil cash and only 12 mil debt. Circa 50 cents cash

Over valued. Should be 40+++

It might rest at 70 to 80 cents. Fundamental changes. Business slowdown hence packaging also follows

So much contracts but possible default?

Game over

Some no fixed contract on a need basis...sure disappeared when oil is down

Directly linked to oil prices...is it still above cost or below. It could be losing millions

Problem is their clients are also highly geared and can bankrupt

They should announce bonus. Then all warrants will convert

Dont forget. The debt is still there. Maybe this round would be fatal

10 cents looked better

Back to all time historical low again

Does KYY still holds shares or in wife s name?

Another 30% tomorrow

Margin calls. 16 billion shares

Margin call?

KYY margin call probably