WAK 0.00% 4.5¢ wa kaolin limited

IPO - WA Kaolin Limited, page-546

  1. 412 Posts.
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    You addressed a great point mate even though I doubt your sentiment in selling. The current freight cost is at the roof (almost fivefold compared to prior COVID period if I remember correctly). This is a concern I agree, but it's too early to say what our macro environment will look like when WAK starts shipping products to overseas customers. Nobody can predict the future, but I guess the global COVID delays and supply chain issues will be alleviated in 2022. The global economy already starts recovery slowly slowly with the rolling out of vaccines. Maybe the profit will be less as the freight cost may still remain high. Will see, but it's worth keeping tracking this issues. We may be able to see this from some other companies financial reports in the following reporting seasons.
 
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