One correction - I don't think JVG manufacture door frames in Aust. By stating that 97% of door frames are "theirs" I think they are referring to the fact they are steel and not wood.
Regardless it looks like the Dubai market is where Australia was 30 years ago. The natural progression should be from wood to steel and it would appear that JVG will be ideally placed to capitalise.
Been no news for at least 2 months. Given no news and the sharemarket drop it's held very well. Will be very interested to read the quarterly / shareholder update.
JVG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
