Milk what??!!! B&W film and paper is a moribund market! It really doesn't offer investors a return in the short-term. If you look at Forte's 2005 profit - it's equivalent to a couple tens of thousands of dollars.
Originally Posted by copake_ham
The theory that the investors really were looking to sell off the land sounds a lot more plausible.
No inventory? OK, so a retailer wants the stuff and hasn't got it. He picks up the phone and orders it and once the factory has enough orders to do a run - they make one. Calumet, Freestyle, B&H, Fotoimpex call the shots here...there's no value whatsoever in Forte keeping inventory lying around. The stuff has pretty limited shelf life after all.
As B&W film and paper demand contineus to plunge (and it's clearly going to continue to plunge) - "manufacture to order" is the only chance the suppliers have.
And the only chance we have for that matter...
Last edited by aldevo; 01-28-2007 at 12:42 PM. Click to view previous post history.