Jaycorp's management say only minimum impact on query about rising rising freight charges on their profitability so should expect the same for other furniture stock.. Perhaps furniture companies are regular customer for freight forwarding company with volume and this should help.. at the end of cost would be shared or transferred to customers as this is not problem in this region but entire world..
Yes shipping cost is a bit of concern now, but as mentioned here it shouldn't be too worry. Also our RM is on the rising..All these has created a false sentiment to investors that exporters will generally not doing well in near future. This is a risk, and opportunity too. Invest by your own responsibility.
LiiHen workers were affected by COVID ! 1 of their factories was closed for 10 days. I think more to come as all workers are scheduled for screening. Will bomb 3 days later. Be careful
Unlike some glove manufacture to assemble almost all of its plants in one compound to save cost, the way Lii Hen seperate her biz in several plants n locations has diversified the risk so closure a factory wont affect the other factories. some more EMCO during the holidays week will have minimum cost.
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....
splendidkiller
31 posts
Posted by splendidkiller > 2020-12-15 15:40 | Report Abuse
please drop more, i want collect more XD