Blue Moon Group Holdings Ltd
06993: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|gsrHSFX | LOCK|RPHR | LOCK|xXK!@qY |
Blue Moon: Intense Market Competition to Weigh on Margins; Reducing Fair Value Estimate
We note that the price of palm oil, a key ingredient for detergent, is on average 15% higher year to date compared with last year. In addition, competition in the detergent sector remains intense, as industry players are lowering prices to gain market share.
