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Balvinder Singh

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Fame: 164
No Bio yet.
Joined Apr 2018

Comments

Balvinder Singh replied to comment on FLBHD.
Don't know la
2 weeks · translate
Balvinder Singh replied to comment on OCNCASH.
Yes, EBITA is showing a profit. I am concerned with the top line, Revenue. Millions invested in new machinery in Indonesia and New Plant in Thailand. Should start seeing results in Q3 2024. Thailand sales only 1.9 mil for the Q4 2024, way below the 5.7 mil in Q4 2022. Indonesia sales 2.1 mil. Q4 2022 was 2.8 mil. Why is sales dropping even with new plant and machinery started operations?
1 month · translate
Balvinder Singh commented on DRBHCOM.
Should sell 50.1% of Proton to Geely. Only way for Proton to stay alive and compete with the other Chinese brands. Politically, not sure if possible.
1 month · translate
Balvinder Singh commented on OCNCASH.
2024 Koyak. With Automotive sales drop by over 20% in January, Qtr 1 2025 starting off to be very challenging.
1 month · translate
Balvinder Singh commented on FLBHD.
Director sudah start beli. Jom kita pun ikut sama!
1 month · translate
Balvinder Singh replied to comment on DRBHCOM.
Tiggo 4 65k? I heard 80~90k
1 month · translate
Balvinder Singh replied to comment on DRBHCOM.
Intra Day Short Selling
1 month · translate
Balvinder Singh commented on OCNCASH.
2025 challenges, minimum wage increase by 13.33%, mandatory EPF contribution for foreign workers.
5 months · translate
Balvinder Singh replied to comment on OCNCASH.
In 2023 spend millions in new machinery in Indonesia and new facility in Thailand. Unfortunately, sales have been pretty much flat in those countries. That is concerning to me.

I have sold off my holdings with the recent price increase as my target was reached. Will look at their next Qtr results to decide whether to go in or not. At the current price, I think it is too risky to go in.
7 months · translate
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