Thanks Mike, You know me and building[:'(]

Another "case in point" , I believe CARF is a German company operating in Euro's. The Euro has dropped like a stone against the US dollar for the last 6 months. Companies such as JETCAT/ Jets Munts have been able to lower their engine prices because of the currency exchange advantage, yet CARF's prices increase???

Our Australian friends have an even stronger arguement, I import product from Australia in my business and the AUD has seen about a 25% increase in the last 3years against the US/ Canadian $, much more so against the Euro. The Australian's should be looking at 30-40% price decreases from CARF not 30-40% increases!

Enough said!

Mike

That logic doesn't fully work as the C-ARF factory is in Thailand. That means that if the Euro dropped then manufacturing would becoming more expensive (assuming that payment is in USD or the the Euro has similarly fallen against the local currency).

Jetcat is a German company manufacturing their engines in Germany so the comparison can't be made.

I think all the banking goes through Hong Kong not Germany.