NLX 0.00% 6.4¢ nylex limited

This company will run into more troubles ahead.Since the...

  1. 6,682 Posts.
    This company will run into more troubles ahead.

    Since the governments have stopped talking about rebates etc others in the tank game have suffered up to 30% drops in sales.

    One of Nylex's major competitors in the tank game in Victoria had a fire and this still has not helped the market.
    http://www.abc.net.au/news/stories/2008/03/13/2188179.htm?site=centralvic

    Now they dont have Gardena they really dont have a point of difference and are just another cheap importer.

    Films and fabrics is the old 'Contact' stuff that you used to put on kids books... anyone been buying that lately?

    And the story goes on...

    Save your hard earned money as Nylex's markets are not going to get easier.

    One would hope that GUD would have more sense than to play with this also...
 
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Currently unlisted public company.

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