The only threat is Thailand, which used to concentrate on the domestic market but is now exporting. Ramatex is also going Chinese, opening a plant in China which is expected to start operation at the end of this year. However, Liew says cash-flow will cover the repayment. Another company that may be worth a try is Hing Yiap. He's talking bottom-lines, not hemlines.
Garments are low-margin.
Also, except for Ramatex, the companies tend to earn most of their revenues in local currency. There will be increasingly more challenges with the regional slowdown. Overall consumption will shrink. But like a good shirt, hopefully not too much. All money values in U.S. dollars except share prices, which are in Malaysian ringgit.