104169103
:
Does this share rise with increase in cocoa prices? I thought revenue decreases when raw material rises. Its foreign revenue should drop too since MYR is rising. Please enlighten me.
็ไธๅ่
OP
104169103
:
U can look at the cocoa price at trading economics, the pattern is similar to the this shares. As GCB main products are cocoa, so when cocoa price increase their revenue also increase, the raw material cost part I guess they did hedge the on future contract on the cocoa, which mean their material cost is lock at a certain lvl.
103714263 : Big brother's information is very accurate.
็ไธๅ่ OP 103714263 :
letโs see tmr cocoa price , is upward trend now
104169103 : Does this share rise with increase in cocoa prices? I thought revenue decreases when raw material rises. Its foreign revenue should drop too since MYR is rising. Please enlighten me.
็ไธๅ่ OP 104169103 : U can look at the cocoa price at trading economics, the pattern is similar to the this shares. As GCB main products are cocoa, so when cocoa price increase their revenue also increase, the raw material cost part I guess they did hedge the on future contract on the cocoa, which mean their material cost is lock at a certain lvl.