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2 comment(s). Last comment by Artemis 2017-08-01 20:00
Posted by Artemis > 2017-08-01 20:00 | Report Abuse
Agree, it seems to me like their margin is so small that the inventory value consist a huge part of their revenue figure...
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
azlan88
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Posted by azlan88 > 2017-07-30 21:52 | Report Abuse
I had invested in Unimech before, but after the downturn of oil price, I had disposed the shares at a small loss. Yes, Unimech is among the biggest valves, fittings, etc in Malaysia however they margin is low as compared to smaller listed competitor such as Turbomech, Boilermech, etc.
I think they need to streamline and reorganize their subsidiaries and focus more on the higher margin product.