Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
yes, Steven. its back to norm especially the sga. Looking really good. Hopefully market dont gapped up too much :) the next steps will be to maintain sga ~ 6mil per qtr and timely collections of receivables from operations perspectives.
chill, bro. Feedback is a gift. Its a learning opportunity. Dont need to mark your words bcos it is a public commentary space and anyone can comment anything :)
can ask in the AGM on the business look ahead for the next 3 to 5 years, their current machine utilizations and Plant 4 progress. Additionally, there seems to be synergy in terms of nature of business for sfptech with RPM group. Will be good if the board can provide the progress of the due diligence and potential contributions to Sfptech apart from exposure to developed market such as Korea and US. Best to hear it directly from the board. I am sure there will be lots of questions in the upcoming AGM which is held onsite at Plant 3 itself. Funds/insti have access to the board while retail investors gets to meet them once a year during AGM.
Orders from China dropped significantly due to probably credit control since the COMPANY have to write-off considerably big amount they owed. This also means SFPTech dealt with one intermediary company based in China. This doesnt mean there is no business in China. Its just like any other companies, they need to meet stringent orders before taking new orders from oversea. The company will launch new initiative to get back orders they previously enjoyed.
We will see this in next quarter or two.
1 bil market cap and aggregate profit of 20M for min 3 to 5 fiscal years must be fulfilled if the board remains interested with Main Board listing in the future; minimum baseline target for financial performance and market cap.
