Depends on how good the management to penetrate into automotive segment. If cont staying in smart device segment, then it is dead end. The company aims to have 15% contribution from automotive industry.
My 2 cents, bonus issue is Good, Esos also good, the management have a vision and moving step by step according to the plan. This company rely on talent power, it bundle the company prosperity with staff via Esos. And somehow it foresee the coming wave will benefit the staff,it is a multi win situation. My personal opinion, pls judge by yourselves.
The sales of the smart device segment has dropped this year. Hope increasing LED test equipment sales can offset the effect of decline smart device segment.
MMS Ventures Bhd expects the sales of its test equipment to the auto sector to contribute about 15% this year, up from 5% in 2017.
Group managing director TK Sia said sales of automotive test equipment has so far played an important role in offsetting the slower demand from the smart device sector for the group’s test-equipment.
“The sales to the smart device has dropped so this year because our customers are not changing much of the flash lighting features of the smart phones planned for release this year.
“In the automotive sector, however, we can see a lot changes in the exterior and interior LED lighting system of newly release automobiles. Manufacturers are investing into the LED lighting because rear and front lights design are essential in enhancing the aesthetics.
•Should buying momentum continue, we foresee a range-play with RM1.64 (R1) and RM1.72 (R2) acting as resistances. Conversely, any downside bias should see buying interest at RM1.51 (S1) and further down at RM1.37 (S2), its lower range.
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....
hostfile
22 posts
Posted by hostfile > 2018-08-28 21:33 | Report Abuse
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5896581
look like got bonus issue soon.