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Senheng GG liao.Owner go for public listing because want to enjoy money and pass the burden to shareholders.Less and less people buy from Senheng,soon Senheng will die like Court Mammoth
I think this business model is outdated.Got so many competition including online seller.Even electrical and electronic appliances manufacturers also have official online store at Shopee and Lazada.
Not only that.. their product listing in store is quite lacking, price also not that competitive. Harvey norman on the other hand is much better in terms of product variety and pricing.
retail company have same problem.. a lot of competition..but senheng is the biggest one...i compared the price with another shop including harvey norman and one living, but im pretty sure senheng price is the lowest and they give 2 years warranty for the same product...
senheng bad but still got net income... and they are opening new phone shop now. if u ever buy from some branded official store like LG from shopee, they are actually delivered by senheng...
when the price keeps down you say bad things about the company..it is normal.. but when the price going up, you will try to find a reason why...as long as it can give dividend..eventually it will go up...just right now, it it not.like tech sector, have big opportunity to explore...just retail company..who knows he get exclusive rights on apple or dyson to sell in Malaysia..haha...
Apple has its own stores coming soon and dyson too already got their own. Senheng is their partner and they wont get exclusive rights. Even the price up also many people rugi why? Ipo so high lol even dividend u also die la
if you comparing among ipo...yeah it is one of the worst one...but for me it is normal too...you cannot expect all ipo to boom on first day...some will take a time..as long as it still can operate and make profit, it is okay to hold..apple and tesla want it..but it depends on the political agenda too.. if they cannot agree a certain term, they still need a partner to sell their goods...
nah..klci too keep reaching support..if break maybe will find again lowest 2020...or even worst 2018 when all of this started....hope PMX can still win a lot of seats in PRN...
when market rebound...should be like glove year then..boom...give me 100k profit on penny counter like smtrack...
