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Message Boards Settings China Armco Metals, Inc. - Quote Info
Question about China Armco's base business     27-Oct-09 12:35 pm    
Can anyone here help me understand the competitive advantages of China Armco's base business?

The company describes itself as a distributor of ore. But what value does the company bring? Why do steel producers need to go through a distributor to get their ore? Usually distribution businesses have very small margins and can create no competitive barriers. Yet I see this company signing $10 million dollar deals. Why would someone who has ten million to spend on ore need to go through a middle man?

I like the new recycling business, and am inclined to invest in this company. But I would like to understand the base business better and get some comfort on its defensibility. Surely some existing shareholders can fill me in.
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bogoboy2


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  Subject Author Rating Time of Post (ET)  
 
Question about China Armco's base business
bogoboy2 Not rated 27-Oct-09 12:35 pm  
 
Hmmm, no one touting this stock can answer my simp...
bogoboy2 Rate it 2-Nov-09 01:48 pm  
 
For company business explanation just read pa...
rick77081 Rate it 7-Nov-09 09:26 pm  
 
You wouldnt understand it anyway..You didnt g...
runcdsrun Rate it 9-Nov-09 06:24 pm  
 
I don't understand what you're saying. ...
bogoboy2 Rate it 11-Nov-09 10:22 am  
 
They buy in bulk and distribute to small and mid s...
trekrider59 Rate it 24-Nov-09 02:22 pm  
 
Hey trekrider59, thanks for the link. This i...
bogoboy2 Rate it 1-Dec-09 01:38 pm  
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China Armco Metals, Inc. (CNAM.OB)

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