AKE 0.00% $9.83 allkem limited

toyota buy in price, page-30

  1. 25,520 Posts.
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    That's a fair point Nara.

    But I don't believe that Toyota Tsushu can be totally immune from the problem besetting Toyota Motor Corporation. According to today's news, these problems, as a result of the recent tsunami, have exacerbated the difficulties being encounteed by the parent company in providing parts to its overseas subsidiaries. This must be placing some financial strain on the parent company.Could this be the reason why Toyota Tsushu is delaying its decision for another nine months?

    Having stated all of that, I firmly believe that the main reason for the dip in the SP of ORE is the recent incursion of the local government in the approval process.

    I give full credit to ORE's management for having the foresight in arranging significant finance,which,if it had not been done,could have placed it under severe financial strain in carrying out its program.

    I am still watching this stock with interest, having held it on two occassions!
 
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