Darren Sissons
Li & Fung Ltd
LFUGY-OTC
COMMENT
Feb 03, 2015
As China becomes a more expensive story, production is being moved to places like Vietnam, Thailand, and even back to Mexico. It has been an excellent story with a growing dividend and a good balance sheet. Structurally he can’t understand how that story moves forward over time, as a growth story. This is a wait-and-see story.
As China becomes a more expensive story, production is being moved to places like Vietnam, Thailand, and even back to Mexico. It has been an excellent story with a growing dividend and a good balance sheet. Structurally he can’t understand how that story moves forward over time, as a growth story. This is a wait-and-see story.