Fiona Auery's comment on A1AKK. All Comments
Fiona Auery
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revenue ok, margin ok, but the price still yet to wake up
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1 month · translate ·
Luke Low
overall market sentiment not very good, plus consumers also more careful with their spending recently, so a lot of companies also have similar issue now
Like · 1 month · translate
Kang1995
keep on trading at lower price, hope that this week can rise back
Like · 4 weeks · translate
Unown Unown
things are slowly back to normal after the peace deal, I think market will slowly go back to the risk-on mode
Like · 4 weeks · translate
Kang1995
anyway their distribution footprint now is getting more stronger, many online webpage also gt their own official store already
Like · 3 weeks · translate
Wei Yang Hau
other than shopee, where else do they set up official store?
Like · 3 weeks · translate
Steve Lee
only shopee gt only ba, the other platform are from random distributor
Like · 3 weeks · translate
Jason Ong
distributor is still good, still a sales channel after all for the company
Like · 3 weeks · translate
Steve Lee
yeah but the platform commission fee heard is quite high
Like · 2 weeks · translate
Fabian
Im sure they have done their calculation before setting up the online store, doubt they would still do it if it is not feasible
Like · 2 weeks · translate
Kang1995
actually online store is better in term of profitability, despite charges from the platform, final calculation still online better than physical retail store cause physical store gt listing fees and slotting fees etc
Like · 2 weeks · translate
Wei Yang Hau
yea true, physical stores got a lot of hidden costs as well
Like · 2 weeks · translate
Steve Lee
oh, i thought that physical store profit contribution will be higher one
Like · 2 weeks · translate
Fabian
profit contribution from physical stores normally lower one, of course also depending on their deal with retailers
Like · 2 weeks · translate
Kang1995
yep online is better cause no need to pay renting cost and straight deliver out directly from the manufacturer
Like · 2 weeks · translate
Fiona Auery
save a big chunk on the logistic as well if sell on shopee
Like · 1 week · translate
Steve Lee
i see, but i think that mixing between physical and online is better cause can let ppl grab and go
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Luke Low
actually thats the best arrangement, so that the company wont have concentration risk
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Kang1995
yep mixing both is the best
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Kang1995
anyhow now just look at qoq gt improvement or not in upcoming quarter
Like · 1 week · translate
Unown Unown
im anticipating for further improvement for the next quarter, we will see
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Steve Lee
should gt improvement as no need to pay staff bonus in the upcoming quarter
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Edmond Khor
@Steve thats one, and also they are still expanding their SKU range to cater different group of consumers
Like · 1 week · translate
Steve Lee
the company now proposed to acquire a land in puchong for developing new regional sales and marketing office
Like · 5 days · translate
Kang1995
nice gt a larger premises to support the business growth and help save cost of renting by 10k per month
Like · 2 days · translate
Simon Reyes
Moving to a bigger place is solid because saving that ten grand in rent every month goes straight to the bottom line. This efficiency boost clearly shows management is serious about scaling up and keeping margins healthy for us shareholders.
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Like · 2 days · translate
Steve Lee
yes owning is better than renting, can save up 120k per year and also more space for scaling up the business
Like · 1 day · translate
Sheldon
Owning property confirm better than rental because make some buffers for other overheads.
Like · 1 day · translate
Steve Lee
hope that after this expansion we could see their product available in most of the places
Like · 21 hours · translate