On June 3rd of this year, I wrote about Rayonier Advanced Materials (RYAM), which subsequently doubled, and I recommended selling, because if you double your money on something as ugly as a papermill, get out while the getting is good.
Hey now, I try not to do that on purpose. Some day the SEC will start going after people again, and they’ll have a backlog that hasn’t past the statute of limitations
Indian competition was mentioned a few times here, understandably. What is the relative cost of this ESG product - so at what point does it become reasonably cost competitive anyway (without its virtuosity), & how much of the textile cost represents the overall cost and sale price of item, which i suppose is part of the purchasing decision TY!
The Indians are also making a recycled product to offer it to American companies. I don't know how much cheaper they are, just that UFI thinks they can win back some of that business.
Sepatown! Love this one!
Do CULP next! (Especially now that you move markets and it trades 20k shares a day📈)
:D
Hey now, I try not to do that on purpose. Some day the SEC will start going after people again, and they’ll have a backlog that hasn’t past the statute of limitations
It’s almost noon and UFI has traded 3600 shares!
Textiles (and chemicals) are for only the realest of the real ones in a way even fracking stocks are not. Wapatah!
Nice pick!…had started a small position last week.
Darn good note!!
Indian competition was mentioned a few times here, understandably. What is the relative cost of this ESG product - so at what point does it become reasonably cost competitive anyway (without its virtuosity), & how much of the textile cost represents the overall cost and sale price of item, which i suppose is part of the purchasing decision TY!
The Indians are also making a recycled product to offer it to American companies. I don't know how much cheaper they are, just that UFI thinks they can win back some of that business.