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.
q3 in two weeks time. lets see how much is the contribution from US, MY and SG geo. Yet to see any uptick from SG geo since SFP Integration Pte Ltd was registered early of last year.
you have no control over the market force, jason :) buy it if you are happy with the numbers in the report and sell it vice versa if you are not happy with it.
q4fy24 performance bomb aka the performance that raises eyebrow due to ECL and high receivables from China customer. Management responded that the customer will pay back. Fast forward 3 qtrs later, receivables collection made good progress. In fact, total receivables based on the latest qr is lower than the total recorded as of Dec'24.
Previously - mgmt mentioned that the China customer will pay back and the results showing mgmt delivered what they committed. Next - mgmt mentioned the following in the latest report "The Group has received forecast commitment that are favourable from few existing MNC customers in the semiconductor industries with delivery expected in coming year. Additionally, there are also new potential MNC customers in new industries that the Group is now engaging, such as green energy, defense and aerospace industries with forecast delivery in coming year.
We will know within the next two quarters whether the forecast commitments will translate into revenue or customer deposits, and whether management will deliver once again.
