Another senior manager gone last week. The company always seemed very top heavy. Still a lot of work to be done. Unfortunately the rot had set in some years ago and they continue to loose customers. Quality issues and general service problems have left a very unhappy market. They are pinning their hopes on the anti dumping case however reading the submissions in that it appears that their problems have opened the gates to imported products not the other way around. If other Australian extruders are not suffering then Capral will not necessarily pick up extra volume as they will need to increase their prices to do this. An increase in prices could have a serious knock on effect to the general market. If residential and Commercial is their main businesses then the cost of construction will need to increase to cover the increases in the aluminium components of buildings.
CAA Price at posting:
4.1¢ Sentiment: None Disclosure: Not Held
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