May sound counterintuitive but it is probably a better time to establish market share. If competitor x had $100mil in turnover and 10mil of overheads and builds fall 50% then the their overheads are now 10 mil on 50 mil in revenue. In other words overheads have gone from 10% to 20% and thus their pricing must increase 10% or they must lose money and restructuring a cost a lot too so these would exacerbate he issue.
For the reason of overhead drift, a falling market will actually help tamawood take a larger portion of market share and while initial growth may be slower than in a boom market, tamawood would be well ahead compared to a boom market in ten years given that they should be able to steal more market share now if build levels were to fall hard.
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$2.68 |
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-0.040(1.47%) |
Mkt cap ! $101.0M |
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1 | 24313 | 2.680 |
1 | 3500 | 2.670 |
1 | 1153 | 2.600 |
1 | 3700 | 2.580 |
Price($) | Vol. | No. |
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2.720 | 4178 | 2 |
2.740 | 100 | 1 |
2.850 | 5190 | 1 |
2.910 | 2000 | 1 |
2.950 | 3700 | 1 |
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