November 20th 2019
Welcome to Kaizen. I’m Aaron Schere, bringing you the latest lowdown on high finance. Today, I’ll be talking with aerospace analyst Scottie Bressler about the upcoming 2949 Intergalactic Aerospace Expo. But first, it’s time for a brief Market Breakdown.
This week investors turned their eyes to Bremen to track a lawsuit that’s pitting two of the UEE’s biggest food conglomerates against each other. Goss-based Prasad Naturals, best known for Twyn’s Sandwiches, filed a lawsuit to stop a recently passed Bremen law that cuts the system’s export tax on processed food. Francine Udell, a lawyer for Prasad Naturals, claims to have documents showing that executives from Bremen-based Terra Mills colluded with local politicians to write the law so it would benefit their company while hurting Prasad Naturals. Local lawmakers named in the lawsuit and a representative from Terra Mills both vehemently denied the allegations.
Prasad is up in arms after recently purchasing large swaths of land in Bremen to supply their processing facilities in Castra and Vega. The new law taxes processed food at a lower rate than raw commodities. Prasad claims that this puts them at a distinct disadvantage. Terra Mills processes most of their food in-system, so those shipments would be taxed at a lower rate than Prasad’s unprocessed agricultural commodities. They believe the law was written this way to provide Terra Mills a clear economic advantage within the system. Local politicians deny any favoritism toward Terra Mills and claim the law’s sole intention was to encourage companies to move food processing facilities into the system and spur stagnant job growth.
Experts anticipate a lengthy legal battle. Faced with this uncertainty, markets currently show both brands down slightly.
Next, Anvil Aerospace’s revised quarterly projections predict a downward turn after a series of supply chain disruptions forced them to temporarily shutter several manufacturing facilities in Castra. According to Scottie Bressler, an aerospace analyst with the Botero Group, this unexpected setback only increases the pressure on Anvil to deliver a strong showing at the 2949 Intergalactic Aerospace Expo. Scottie Bressler joins us now to discuss Anvil’s announcement and the upcoming IAE. Welcome back to Kaizen.
So that was a surprise to you?
You don’t see this release putting Anvil in a tough spot at the expo? Maybe forcing them to answer questions about production problems instead of promoting their ships?
How concerned should Anvil investors be right now?
On the subject of the IAE, let’s move on to a rumor that Crusader Industries almost skipped this year’s expo. Ultimately, they did decide to participate, but the prospect of them avoiding such a large event for the industry left many investors scratching their heads. Any idea what would drive a major manufacturer to even consider missing out on the biggest aerospace event of the year?
Do you think trying to avoid competition could come into play? Rumor has it that several manufacturers might have some announcements up their sleeves.
So as an analyst, it wouldn’t worry you to see a massive manufacturer avoid the IAE?
Thankfully, Crusader will be attending this year and won’t have to answer to you. Real quick, what are you most looking forward to at the expo this year?
We need to take a quick commercial break. Aerospace analyst Scottie Bressler isn’t going anywhere and neither should you. Keep it dialed into Kaizen for more insight on what smart investors should keep an eye out for at the upcoming Intergalactic Aerospace Expo, right after this.