TSXV:RYU.H - Post by User
Post by
gairvineon Jun 23, 2017 9:33pm
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Post# 26400486
Inventory
InventoryI haven't posted for a while, so here's my two cents for what it's worth. I now own five pieces of RYU gear, and I love the product. Perhaps that's why this is becoming a disappointing speculative investment. The product is, without a question, really good. I live a couple hours out of Vancouver, but whenever I come to town ( usually every couple months ), I take a tour of the store (stores). Last time I went into the store on 4th street. I wanted to buy a short sleeved vapor shirt and a duffle bag.
Both of these were unavailable, and the store seemed quite under stocked. Mentioned this to the sales person and he expressed his frustration. So it seems to me that the company is having inventory problems, for whatever reason. If there is no product to buy the only way to finance inventory is through continued dillution at lower prices. This is obviously no recipe for success. In my case, the lack of inventory cost the company $300.00 in sales. A small amount, perhaps, but I have a sense that this is happening to others. I hope they get this sorted, because if they don't I fear the next RYU gear I'll be buying will be at a liquidation sale...and I'll buy whatever I can, because it is really good stuff! Will keep my eye on the store inventories. GLTA