TOYA is a low liquidity stock. In 2018 GetBack and Altus TFI was involve in accusations of fraud: The consequences were massive redemptions at Altus who was around 10% holder in Toya at the time.
I have not yet come across this stock being mentioned yet in EM fund documentation... Will include a link to your piece for my Monday "Emerging Market Links + The Week Ahead" post...
One question are they distributors or makers of tools? I understand that they dont own factories to produce the tools but they are ordering 3rd parties to build the tool under the brands that is own by Toya. I would view them more as a fabless vendor than a distributor? What do you think? Another question is do they have a product development in house?
Exactly! "Fabless vendor" would be a great and compelling definition. TOYA outsources manufacturing processes to third-parties but distributes their products through retail networks and wholesale market too.
In other hand TOYA incorporates a Product Development Centre where the Company develops activities focused on the analysis of the design trends on the market.
might have missed something - but why has the stock been dead for 10 years?
Thanks for your question.
TOYA is a low liquidity stock. In 2018 GetBack and Altus TFI was involve in accusations of fraud: The consequences were massive redemptions at Altus who was around 10% holder in Toya at the time.
Greetings
I have not yet come across this stock being mentioned yet in EM fund documentation... Will include a link to your piece for my Monday "Emerging Market Links + The Week Ahead" post...
Great!
One question are they distributors or makers of tools? I understand that they dont own factories to produce the tools but they are ordering 3rd parties to build the tool under the brands that is own by Toya. I would view them more as a fabless vendor than a distributor? What do you think? Another question is do they have a product development in house?
Thanks for your questions @Govro12
Exactly! "Fabless vendor" would be a great and compelling definition. TOYA outsources manufacturing processes to third-parties but distributes their products through retail networks and wholesale market too.
In other hand TOYA incorporates a Product Development Centre where the Company develops activities focused on the analysis of the design trends on the market.