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Fushi Copperweld, Inc. Message Board

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  • imdaman20072002 imdaman20072002 Oct 9, 2009 9:01 PM Flag

    QE3 estimates rev $53.8-55.3m eps $.27-.30

    Made some quick profits with LIWA but have built an even larger position with FSIN, the real company of which LIWA is a customer no less!

    Profits should roar back as copper rising has made CCA a better option. Also ops in US should be behind co. as far as losses.

    China has only begun to devour CCA for 3G and other purposes.

    Dont mess with the FUSH!!!!!!!

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    • glad to see someone else actually reads the SEC filings. I don't understand how Fushi is a supplier though. I saw it in LIWA's filing and was surprised b/c historically their ASP for CCA has been close to FUSHI's (they cant be making $ if they're paying full price from Fushi and reselling). I'm not sure of the exact relationship between the two, can you help? Do they supply them finished CCA products, or excess raw material? Thanks

      • 1 Reply to k.moore85
      • it appears that fushi is the largest supplier of CCA to Liwa. Per liwa's documents, for year ended 12/31/08 their ave. selling price per ton was $8,382. Fushi for same period was $6,188. Based on those numbers, LIWA's gross margin is in-line. Apparently, LIWA is able to further process the CCA and generate those type margins. interesting. LIWA is not a competitor but a customer

 

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