On paper - the acquisition of ToT ($10.8M) with min $4.5M profit guarantee for FY21 and FY22 seems to be a decent ROI in less than 5 years. To be exact, you can either wait until end of FY2021 to get a feel of ToT’s contributions to its bottom line or post the question in the upcoming AGM in Sep :) it’s definitely interesting to follow the development of this acquisition since Plabs was once awarded FT1000 High Growth Companies in Asia Pacific back in 2018. Since then, growth seems to be plateau until recent ToT acquisition. Until then, we can only manage our own positions accordingly :) just my opinions, could be wrong.

The result is not out yet, Warrenky. Still waiting for the results to observe whether it’s a good business acquisition justifying the $7M goodwill or just good enough to offer consumer products carrying the $7M goodwill based on the previous Q1FY21 results.

Thanks, Henry. I recalled someone else sharing WC buy call on Plabs and same message remember to take profit. There is no impact from WC at all as I was hoping to be able to buy below 22 cents since Plabs has low liquidity. The same on the upside - no impact at all as the highest was 0.305. Have to wait for some other powerful master to make an impact.