Chop, the company's biggest advantage in staying a cash cow is the fact that the specialized cold rolled strips that the whole of china has to import 90% is the road that leads to chop for many years. The industry is also fragmented with many small players that chop will no doubt acquire, and hopefully in cash and not shares.
all acquisitions will be immediately accretive.
that is how this easy business model will work.
chop is a cash cow and will be for many years..
harry edelstein is no withering idiot he is very smart.