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This counter is suffering from weak order book replenishment and thin margins, so until they land some major contracts to drive sustainable earnings growth, it's just going to stay flat like a pancake.
the downtrend seems forever..from ace market to main market,from dividen to no?should worries about current situation..donno when the time will rise..when sharks are circling around
It is just mind-boggling that a company that is making 10+ mil annually has 2 directors each on 3mil+ annual salary and a fresh grad director on 300k annual salary. Combined already 7mil+. Yes, transferring to main market allows for institutions to buy in. But I think this is gonna be a huge red flag for the institutions
packaging products provider with in-house manufacturing of corrugated paper packaging products, including cartons, protective packaging and paper pallets. It also supplies non-paper-based protective packaging products, such as plastic, foam and rubber products. The Company focuses on providing packaging for industrial and consumer durable goods packaging. Its industrial packaging is engaged in the packaging of parts and components for various stages of the manufacturing process, including metal,