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Re: oldberkeley post# 119909

Thursday, 05/12/2011 1:24:53 PM

Thursday, May 12, 2011 1:24:53 PM

Post# of 252478
OT: You are making a big assumption.

Which may or may not be true. Which is given the fact there is a possibly big and growing demand in the yrs to come in common household goods in these emergent countries ( China , India , Indonesia etc ...), perhaps old brand names like P&G can profit handsomely riding that demographic coattail.

Take soap and detergent for example ; they are not hard to manufacture . What you would strive for is consistency in the manufacturing process and P&G is very good at it. In a former incarnation, I was a ChE and I do have some reasonable ideas regarding quality control of the manufacturing process etc ...

Methinks, actually it would be more rewarding, if it were possible, to invest in the local companies which will participate in the same trend, offering up scale household products but at a discount to the brand names of P&G for example and a few steps better than the common cheap fare.

Chinese can make IC chips ; they certainly can make something that would compete with Tide at a discount.

I don't trust the sort of capitalism that exists in China to be even handed when it comes to allowing fair competition within its domestic markets. I can't prove it to anyone but the feeling in my guts tells it was never , ain't, won't be ever a fair level playing field.

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