More headwinds ahead due to cheaper supply from China. Very difficult to compete with the Chinese as they could sell at very much lower price than us.....
Actually the BD (Raw material for gloves) is always lower at North East market due to the consumption and supply. Couple with their order quantity discount. Another plus point is their technology/ labor advantages. So their ASP should be lowered.
"The next step is to wait for the performance to stabilize, the selling pressure ends, and the stock price ends its downward trend and enters a sideways trade, which may usher in a real turning point."
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
SureWin1Woh
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Posted by SureWin1Woh > 2021-09-17 21:22 | Report Abuse
More headwinds ahead due to cheaper supply from China.
Very difficult to compete with the Chinese as they could sell at very much lower price than us.....