Dahua is just another me too, low margin, non-exclusive product suite just as Hik is. Hills owned the CCTV market with its own IP ranges and premier supplier arrangements and the best distribution in the market. All that has been lost.
It should be nothing to crow about that Hills has taken on a product in a me-too low margin category after losing the competitive advantage it once had. And further, to think that this justifies an ASX announcement shows where this business really is and their knowledge of the market they play in.
HIL Price at posting:
21.5¢ Sentiment: None Disclosure: Not Held