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Highway Holdings Limited Message Board

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  • biomax2000 biomax2000 Aug 3, 2006 2:37 PM Flag

    HIHO next momo stock 8-10 first stop

    currency contribition is a good thing and it will only increase,

    the US presuring china to release currency -
    only this week on the news new secretary talk about that -
    chinise currency will be appreciating
    vs us dollar and that will only increase
    HIHO profit

    the currency contribution will only increase
    as us rate are done and chinise currency has way to go, trend is your friend

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    • what are you talking about? how can an appreciating yuan help hiho when most of their customers pay in euros and most of the company's expenses are in yuan? not to mention increasing labor and resource pricing. they lost over $600k last year in exchange expenses. one favorable quarter does not make a trend.

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