Icon8888

Furniture industry cyclical meh ? People keep repeating this as though it is a truth, but so far nobody has come up with figures to substantiate

2015-12-09 18:06

kakashit

你老媚

2015-12-10 10:05

tftey

Still very cheap. Mostly traded at PE around 10 only. So cheap if you compare with Gloves at PE 30.

2015-12-10 11:25

value88

Logically, furniture industry links to property industry. So if property industry is cyclical (I believe all agree so), so as the furniture industry.
The property market in US is improving, more properties are purchased, more home owners need to furnish their homes, and therefore, Latitude can sell more of it's furniture to US.
I suppose this explains furniture industry is cyclical, no ?

2015-12-10 12:34

love2trade2

no doubt furniture is benefit from strong US but risk higher than glove. Please do not compare glove and furniture. Most of gloves will be disposed after use. Can most of furniture dispose after used? Please speak in logic and do not mislead new forumers.

2015-12-10 13:21