Rocket boy if I were you I will be more worried with so called cheapest power cost OMH can achieve such Low Profitability. If you look at the GP of OMH for past 2 years there is huge fluctuations mean there are other cost maybe labour and depreciation cost or other hidden cost which you this kind of die hard will cover your own eye
If there is slight increase in power cost rocket boy you better pull out ASAP from OMH. Do you know high carbon femn which mainly produced by OMH cause higher power consumption than Low and medium carbon femn?
I had never commented Indonesia has the lowest power cost and there are many companies with production and manufacturing with high power consumption moved out from Malaysia Singapore to Indonesia Vietnam due to other cost such as labour investment cost etc. You think you are smarter?
Country will not because certain area got hydro power than offer cheap power price to that area. They will use average power cost for whole country. I agreed OMH might get certain offer or discount from local government for number years and there is same thing to GMC from Indo government.
GMC Price at posting:
1.9¢ Sentiment: Hold Disclosure: Held