Although production will be outsourced, there are infrastructure and facility set up costs, and ancillary quality control and test equipment are required to support the starting up of manufacturing. On 20 September 2019, QBI signed a 5-year outsourced manufacturing supply contract with DCH Contract Manufacturing Sdn Bhd (“DCH”) located in Shah Alam, Selangor. DCH is one of the largest independent food and beverage contract manufacturers in Malaysia and an indirect majority-owned subsidiary of CITIC Limited listed on the Hong Kong Stock Exchange. The key production processes are fully automated and the design/integration will use SCADA software with built in automation of processes. There will be customisation of QBI’s accounting software to integrate into DCH’s shopfloor system. The supervisory control, automation and data analytics softwares are planned to follow the Industry 4.0 framework.
Dgsb plan is very simple and straight forward. Sell ISST and focus in food technology in QBI . Recently dgsb signed a five year contract with DCH Shah Alam to further strengthened in the business
Dgsb has the expertise to deliver the cutting-edge in tech solutions. Thats why the company is going into food technology and still keeping its core business.
2 things should happen for the stock to rise to 14.5s... first, DGSB should announce partnership with Huawei or Alibaba even for supply of toilet papers to their office. Second, they should announce 5:1 share consolidation to reduce the NOSH so that they can manipulate the price. Otherwise, you have to wait until WW3 LOL..... Then you can supply your shares as toilet paper to Huawei or Alibaba office!
No need all these. Just have good management is enough. With the sale of ISST of RM 32 m, dgsb coffers will increased. Then with excellent investment on food technology and software which is dgsb strength, the company has more than enough firepower to move forward confidently on its own.
SAP business of ISST is a sunset industry. Dgsb need to move out into new areas. Steam infusion technology is the latest technique to produce sweetened creamer in mass production at very low labour costs. This is the newest segment of the company. Already, QBI has a profit of RM 345k after only 3 months of the 70 % purchased.
Dgsb is giving out special dividend of 0.8s per share. The company is taking good care of the minority shareholders. Invest here and be patient. Tp 50s but must wait. It is worth the wait.
As the days go by, the EGM gets nearer and the dividend of 0.8s per share gets hotter. The first dividend from DGSB, which goes to say that the BODs truly cares for the minority shareholders. Let's hope more dividends as the years move on
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....
3101575000
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Posted by 3101575000 > 2019-11-25 17:38 | Report Abuse
Boss buy some more ,today announcement.