Tuesday, June 3, 2008

Hotwheels: No New Wave Until July 2008

This is a picture from my desk. Today, I managed to speak to one of the Mattel Merchandise during my hunting. He mentioned, most of the retailers are very cautious in placing new orders. The new delivery to major chained stores will only make available at July.

I’m not surprised by this, we have been talking on US subprime problems for so long but only now we felt the impacts. US had gone into recession, now is our time for Malaysia.

So, what does it have to do with us? During slow moving markets, everything will be more expensive. This is due to the pressure from high raw materials cost and high Interest rates at that time. Your fixed rice may cost you almost doubled and iced chinese tea at RM1.

The situation will turn worst when introduce new petrol price on quarter 3, you will need to prepare to pump at RM3.92 per liter. However, you may enjoy cheaper car price on the reverse of the adjustment.

By knowing this, please make yourself ready for the tough scenario. But if you still have the spending power, you will find all the rare cars are not rare anymore. Maybe, Super T-hunt. YeoCP//

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1 comment:

Anonymous said...

:) You live in Malaysia and I think that your information is right because HWs produced in Malaysia. The biz situation in Vietnam is the same with Malaysia. Petrol price rise day by day, and now, everybody has got some problems in life. Hope the future will be brighter in July. Wait and see.