Their expenses too high in our country , like too many operation's manager such high pay , Tom & henry is working there also their CEO brother , sister , brother-in law & sister in law also the family too. Even their R&D on new product also spent too high cost but also fail to deliver good result. Do you know their maintenance staff is 20 ~ 30 only serve 3 factory such as plot 41 , plot 3 & plot 42 in penang. I proposed to minority shareholder should tell top major shareholder this kind working environment not advisable at rising cost at present moment.
latest news their factory in present moment very low on their production to produce product accept only coffee good sales only in Thailand but how long they were stand ?. For workers their salary on production area are very low (RM1500 ~ RM1800) without overtime. But on management sides very sky high.
This company looks like a falling Star. Thanks to Kenanga's professional advice: "The Rising Star" in Dec '13, I am stuck in this counter. Do not trust reports anymore!!
let me tell you , on mid of July their marketing director resign lio lor and also his wife as finance control. Now their chairman/ceo more hard acre on their new product line because his twin brother is in charge to inventory new product but they not entitled to do so. Their internal management all bro , sister in law and relative to manage. All product they invent are base on market usage or some research.
How is the politic situation now in Thailand? The latest data shows tourism increase of 6% at Oct after 1 year drop, this might be a turnaround signal of economic as its GDP only <1%, 1 of among lowest in SEA.
In Thailand they buy very expensive land for convert to commercial usage by built high rise super condo by sell price at RM1000 p/sq.ft away from bangkok 2 hour. Until haven't kid off.
But they are waiting EIA report to submit back local authority to approval but another condition they faces the height ratio whether can built 40 storey super condo.
It reported a profit after tax of 23 million for six months ended 31 May 2015. Down 7 % compared to last year. Its sales on the local front is expected to drop further in the next quarter. If the oversea sales is maintained only, profit for the next quarter will drop further.
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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....
benson911
639 posts
Posted by benson911 > 2014-10-15 18:52 | Report Abuse
2moro Rm2?