China Sunsine Chemicals Holdings

[weijian]

Lol one thing I find buddies in VB can be quite rigid and obsess with technical definition. You could be right and in academy setting you probably will score an A. However I am more interested in the tangible. Ok I shall not term Sunsine as price setter but without doubt they can set the price lower to capture bigger market shares and thus, more profit albeit on lower margin. Let's not forget they also raised their price in 2014 due to favourable confluence of market conditions.

hi Bluechipfan,
There are all sorts of VBs on this forum - from the very experienced fund manager to the newly minted brokerage account holder. As all of us are behind a keyboard, it is imperative for numbers and definitions to be as clear as they can be. To make VB forum viable, each of us owe it to the other to do something like that.

If you are deliberately not following the conventional definition, then please put "XXX" to indicate that. While i am not economically trained, my impression of price setter is someone who is the leader in a monopolistic market and has the ability to set prices (up or down) and then competitors follow. Maybe in your context, it would be better to term it as "price lower-er"?