will TYRE get benifited from decreasing Rubber price?

windi5 · 1 will TYRE get benifited from decreasing Rubber price? Mon Sep 01, 2014 4:49 pm

windi5

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Currently treding around 70. Is there any possibility going futher up?. NAPS is not attactive. Experts view please.

stockback

stockback

Senior Vice President - Equity Analytics

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I think raw material cost down.
if i am wrong please please ignore my comments.

I am also interest to collect more inside details about TYRE.
nature of the business and relations ship(I mean material and productions)

lux2014

lux2014

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Location : Colombo

Only thing I know is that recently I wanted to buy two tyres for my van and TYRE's brand was not available. So I had to pay about Rs 4,000 more each for a foreign brand.

So, Seems to be TYRE products are much in demand. May be lower price too is a factor.

Balanced_Views

Balanced_Views

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windi5 wrote:Currently treding around 70. Is there any possibility going futher up?. NAPS is not attactive. Experts view please.

might go to 80. BUY

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will TYRE get benifited from decreasing Rubber price?

1 will TYRE get benifited from decreasing Rubber price? Mon Sep 01, 2014 4:49 pm

windi5

2 Re: will TYRE get benifited from decreasing Rubber price? Mon Sep 01, 2014 5:45 pm

stockback

3 Re: will TYRE get benifited from decreasing Rubber price? Mon Sep 01, 2014 6:04 pm

lux2014

4 Re: will TYRE get benifited from decreasing Rubber price? Tue Sep 02, 2014 6:53 am

Balanced_Views