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US tariffs will crash the weak economy of the DXN countries... without tariffs Turkey already experiencing hyperinflation... Middle East oil price is crashing, and Latin America consists of low income economies
As Uncle shared earlier, the effects of increased input costs can be seen in the June 25 results
The plane and apartment RPT's are certainly not helping. In Uncle opinion, these deals should have been done before the IPO. The optics are not good, portrays the majority shareholder as someone who is in need of cash, and treating the listed co and shareholders as a personal piggy bank, and thinks small like an MLM salesperson
As always feel free to follow Uncle for the latest industry insights
Uncle see many new retailers here commenting badly about DXN no doubt wanting to buy cheap. Reminds uncle of Supermax and many other stocks. In the end it keeps dropping further. Too many comments = too many short term retailers and traders = weak holders