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Price Cuts

If the price for businesses to buy goes up, not just ocuk, then they pass the cost on but when their price goes down most forget to adjust the price back down, they can be quite forgetful.
 
You argue about the £ to $.

However everyone missed that the rouble is up almost 30% against the USD since the start of the year! (and far more against the GBP)
 
Price cut you say?

I can go better, I found some aged stock at a distributor that was owned with a 1.44 rate, though we really have no need to go this low, we do also like to treat our customers from time to time:


Asus GeForce GTX 1080 DirectCU III Strix Advanced Gaming Aura RGB 8192MB GDDR5X PCI-Express Graphics Card @ £649.99 inc VAT https://www.overclockers.co.uk/asus...mb-gddr5x-pci-express-graphics-gx-409-as.html



STRIX-GTX1080-A8G-GAMING, Core Clock: 1695MHz, Boost Clock: 1835MHz, Memory: 8192MB 10010MHz GDDR5X, Stream Processors: 2560, SLI Ready, VR Ready, PhysX/CUDA Enabled, 3 Years Warranty.



Only £649.99 inc VAT.

ORDER NOW



And over the weekend we shall have an even better deal on the Gigabyte G1, for the same reason, stock owned at 1.44 rate, but these moves are for today only and promotional purposes as market pricing on these cards is far higher and as a business we only need to follow market prices. :)
 
It doesn’t work like that, I suspect OCUK buy it’s $’s when it goes to purchase more stock and gets whatever the exchange rate is on the day. If they ordered today then next month’s stock in theory should be lower priced the current stock due to the stronger pound however if Mr Gibbson bought a bunch of 1080’s two weeks ago and isn’t planning on making any more purchases in the near future price cuts will be up in the air unless he decides to cut his own margins.

If they don't already OCUK would do well to hire a financial whiz who can hedge against currency movements, it would give them an edge over their competitors.
 
And said:
Wait a week and you might get price cuts as the $ will tank if Trump gets voted in.
Click to expand...

So wait: the Brexit vote was just the UK voters playing brinkmanship with the American voters about who could slyly devalue their currency first?

This is after just about every central bank had promised that their version of Quantitative Easing was definitely not about devaluing and that they were not engaged in a Currency War
 
Freddie1980 said:
If they don't already OCUK would do well to hire a financial whiz who can hedge against currency movements, it would give them an edge over their competitors.
Click to expand...

I remember when Oxfam tried to do this... i think they ended up losing a load of money :/
 
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