Is Toky benefiting a lot by oil/gas price cuts?
Or is share still worth buying around this price?
Seems like Tkyo will move up significantly soon as market turn green? Any ideas?
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@Teller wrote:Of course. We can say Tokyo cement is the market leader at the moment. Their distribution channel is very strong to deliver cements to any area of the country through their sales agents/agencies. Tokyo cashflow is very strong at the moment even they will not give credits their agents. The agents have to pay full invoice value at the loarding terminal. Buy 100 cement bags and get 2 free promtion was so success which was in 3 months earlier. They gave more cement bags free those who achieve sales targets in hardwares.so tokyo became regular brand at the moment. 90 rupees tax reduction will be benifited too.
@EquityChamp wrote:Tokyo will benefit directly through reduced operating cost from the reduction in fuel and the reduction in electricity prices (coming)
Also the reduced prices will increase the volumes marginally.
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