Notwithstanding temporary speculator influences, I reckon there is a pervasive negative sentiment in the market towards this stock.
Negative factors influencing this view include:
Internal factors:
Silent and untested management, smaller company size, asbestos liabilities.
Industry factors:
low point in housing cycle, governmental red-tape/ levies, dumping of cheap imports.
General factors:
pessimistic consumer sentiment, interest rate fears, unstable political environment, high exchange rates.
This company may be a good investment in the long-term, if it regularly pays acceptable DIVIDENDS to shareholders.
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