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3 comment(s). Last comment by Haida123 2016-09-13 08:24

Posted by Hiu Chee Keong > 2016-09-12 12:38 | Report Abuse

Last time i read the analysis for. Research house, they said favco's biggets problem is failing to get any significant new job while old job is coming to end. Dont know whether now this problem still persisst ..?

caven

61 posts

Posted by caven > 2016-09-12 16:54 | Report Abuse

Don't think so ~ Favco's order book dropped from 604m (Q1) to 570m (Q2)...

Haida123

125 posts

Posted by Haida123 > 2016-09-13 08:24 | Report Abuse

However,the deduction of 34m order can produce 166m revenue. I think the effect of low orderbook has became less significant or there might be new order comes in without any announcement by the management. This is my opinion. :)

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