Just nvr looking down in this stock. A fact is that this company has a good and strong background in terms of the production manners. But, pity for the bad managment of labour only. Few months ago they have announced that the case of labour had been clealy solve. But no hope for the contract revision.
Don't worry too much, sure will have new contracts coming in, China just started their MCO, every manufacturers scared like hell and will move their production out from china.
I personally feel that for a multinational company to source and auditing for a qualified vendors is not easy, meanwhile need to fabricate many new moulds but maintain at same price??? Especially this happening after 2yrs MCO reopening, Russia Ukraine war crisis and high inflation periods!!! Can any new vendors perform that???
Maybe only China now can perform that type price? But can China fulfilled their ESG requirements??? They can ignore china SinJiang humanitarian issues??? And what about political issues with China now??? So many factors need to consider!!!
who will dyson turn to for their contract manufacturing, VS is out as andy hall attacked them 2 weeks-4 weeks ago. andy overdid it. if dyson does not renew contract with ataims they wiil "die soon", then we can all clap hands a nd say padan muka as he caused a british company to lose money
When come to parts. yes. Asia is the only choice, the main reason is we are rich with resource and high numbers of laborer type workers but still China is the best player when come to industry in this 5-10 years.
Let's give you guys some hint ...if u know Eddie Guerrero ....then u know what I mean... So those who will die soon not Dyson ..is you all who still having day dream
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....
7FiguresUncle
43 posts
Posted by 7FiguresUncle > 2022-04-27 12:58 | Report Abuse
ataims now macam mana already