SHM 0.68% 73.0¢ shriro holdings limited

Kitchen appliances are generic. Many are built in the same...

  1. 932 Posts.
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    Kitchen appliances are generic. Many are built in the same factories by the same people and tools. Re branding them and adding margin ( and selling via multiple points, importer, wholesaler, and retailer) is yesterday’s game for now virtual commodity items. I agree that the Amazon trumps all thing is often overdone, but that is not what we are talking about here.

    $1 was the IPO price I recall and also is well within its 1 year trading range. It’s gone further south than that too if you look through SHMs short ASX listed history.

    When it comes to buying shares, I’d be more cautious of people encouraging others to load up on high prices than be cautious of those that suggest buying prudently at low prices...
    Last edited by Austinhealeysprite: 22/05/18
 
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