< Personal Opinion >

This is a counter with good business foundation, solid financial and most importantly good cashflow as observed from the QR. The management highlighted hat they are of the opinion that business outlook remain satisfactory. As our friend mentioned that the company acquired JusEV early this year to ride on the EV trend. We can see a good sales conversion cycle, with good receivable and stable payable. It once go very high up, but now dropped to a low. I consider to chip in at 0.425. I invite everyone to look back at their financials:
1. Did the company proposed any private placement of right issue in recent years?
2. During the high in 2021, how high is the profit amount? And how high is it last year?
3. Profit margin for 2021 and 2022 remains stable at 8%, is it sustainable?
4. And lastly, do you think worth to invest this for some time?

Welcome all to discuss below! If you like my post, do follow me here, it gave me motivation to continue writing and sharing my ideas at here. Note that this is not buy/sell recommendation, you should do your own research, form your own view for any buy/sell action in the market. Thank you.