ITMAX is also doing identical job as WILLOW and it is trading above RM3 bil market capitalisation. WILLOW on the other hand is only 174 mil. The latest quarterly profit margin of ITMAX can be as high as 40%. Imagine if WILLOW can raise their profit margin from a single digit to 15 to 20, the share price will be more than double of existing price. Time to ponder.
Question to ponder is when the Canada unit (exploring new business) will see light at the end of the tunnel ? Few more losses may cause people hit the panic button.
Originally Willow was a Canadian company. Osk family member bought it, expanded it to Malaysia and Singapore. Then listed it in bursa. It started in Canada, not the other way around.
Correct me if i am wrong. Thought they bought only the Singapore operations fr the Canada co . The business then expanded to Malaysia and sought listing in 2002. The current investment in Canada co was made in 2015.
The most recent secured contract, valued equivalent to approximately RM42,840,000 by Ministry of Education, Singapore for the Design, Supply and Installation of Security Systems.
coming QR is critical.. Would it be a 3rd consecutive profit loss? It is hard to believe a company that won contracts from Singapore government not making a profit.
Israeli strike kills Hezbollah spokesperson as group prepares response to fresh ceasefire proposal Tamara Qiblawi Hamdi Alkhshali By Tamara Qiblawi, Allegra Goodwin, Ibrahim Dahman, Abeer Salman, Hamdi Alkhshali and Catherine Nicholls 5 minute read Updated 3:33 PM EST, Sun November 17, 2024
Looks like Canada operations still bleeding. Will be prudent for Willow to start having some management control over the operations. Not wise to have zero management participation despite having a substantial stake.
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speakup
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Posted by speakup > 2024-08-07 18:58 | Report Abuse
https://www.thestar.com.my/business/business-news/2024/08/07/willowglen-bags-rm2782mil-contract