This stock came up on my scan today. Briefly went through the website.
Can someone tell me whether production is for domestic only? The market
should be large enough taking into account that China manufacture a large
amount of castings for domestic and international markets.
Manufacturing costs in China has increased at least 10% last quarter. There has been allocation restriction of electricity.
Do they need to invest any monies in environmental processes?
Interests going up, last increase was last week.
The mechanics of doing business in China can be complex. Are any of the Directors residing locally at the plant?
A gap was generated today at 26.5c.
IMO this is a company that can have a future and will be watch to see if the gap get filled before I buy in.
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