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hard to say for sure, most auto parts business dun really have very good margin, if u noticed, most are single digit margin, indicating no pricing power, only special cases like pecca and feytech have like >20% margin, nhfatt is another 1 but they are tier 2 supplier, hence i passed on them, for me mce thesis is expansion both local and overseas (US and India), as for jhm, read a bit abt jhm, seems like the contract is supply lights, prob not a high margin contract, i wud prefer if MCE be more selective of their contracts that have better margins
There's no way to tell, AR just came out, usually can see in AR but the pp was after the AR was published, have to wait for next year AR, upcoming agm shud b able to see, but if no new substantial shareholder emerge, means that likely few diff buyer and all <5%
Pp is usually bad, cos result in dilution 10% is okay I guess any more and it's significant, but I dun like they doing pp cos better to either use debt or free cash flow, as for bonus issue, it's not really better or worst, ur shareholding % didn't increase, it's just share more liquid
The increase in civil servants salary will further boost p2 and p1 sales, but I think HLIND might benefit more cos motors are cheaper than cars, and based on their recent price rally, market ady trying to price in, dunno how market gonna react to result tmr, lets see