Before you say my comments are unproductive , can you provide productive comments to counter my points/comments ? You are most welcome to do that as I always live with my mind " open"
The four characteristics of assets that are most important to wealth holders are (1) expected return, (2) risk, (3) liquidity; (4) time to maturity
-Expected return depends on the demand of the product produced - No demand for your product, the asset is said to be unproductive -Risk depends on the innovation of the product- how fast your product to be phased out due to technology ? You should know better they are in the semi conductor business. As you probably know , Inari and Amertron have taken the leads to improve their facilities in line with new technology but GT is just talking only. Assets are believed to be outdated. -Liquidity depends on the demand of the product- Liquidity is stricken due to outdated products which are unmarketable -Time to maturity depends on the life cycle of the product.- The shorter life cycle of the product due to technology will shorten the time to maturity of the assets hence the assets would be left idle unless the assets are upgraded to embrace the new technology.
High or low quality assets depends on the marketability of the product .If outdated products are produced where no demand is forthcoming , the assets are said to be low quality assets and vice versa.
EC Liaw has talked of investment of 130m to upgrade its facilities . As said, it remains to be seen if he would commit to it and how he can deliver in the end. He has also highlighted that the sales have been sluggish. Could this be due to their outdated products as a result of which the Company is so desperate to place the deposits to secure sales ?? I leave it to your imagination......
goldmanbull Something wrong with the balance sheet. Receivables, deposits and prepayments had increased to RM65.56 million from RM1.04 million as at Dec 31, 2023. To whom the prepayments were paid and for what reason? This huge difference is a red flag. 2 days ago goldmanbull Suggest to stay away please. Don't be another ikan bilis trapped later. 2 days ago. Cash generated is negative...(-#56.8)(Earnings is positive!?)...#65.5(from #7.5)... missing...cash&equivalent decreased... Accounting Manipulation...should be selling at cash value...#0.21/share.🤞
Geary , if you are so good at reading report than why not inform all with your hindsight big mouth before share price drop ! In i3 too many hindsight king !
Nobody care about dividen , we just want company growth , it s a good sign to see new management spend money to grow business than old management who eat old rice ! TP RM 1.50 !
Middle East tensions.. The price volatility is beyond anyone’s control. The fundamental is that these companies are well managed by Mr.Ku and his team. Currently there is no better person than Malaysia’s leading financial guru, Mr.Ku to run this company. His background and track records speaks for itself!
Age: 36, Young and Strong. Qualification: Star student. Dean’s honor. Top tier university. Family: Trustworthy & Prestigious > One of the largest developer in Melaka. Career: More than 8 years as an auditor in big 4 accounting firm. Exposure: Vast exposure in audit and assurance, and business advisory related fields through his portfolios of various local and international companies. Directorships: GTRONIC, ARTRONIQ, SCIB, APB, BKCB, MGRC, NWP
EC Liaw should be stepping down for Mr.Ku to take over properly. We must buy in the future growth prospects. Be patient everyone!
MSIA reports that 53% of companies in the electrical and electronics (E&E) and semiconductor sectors are optimistic about the business outlook for the fourth quarter of 2024 (4Q)
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....
NatsukoMishima
8,198 posts
Posted by NatsukoMishima > 1 month ago | Report Abuse
Temporary headwind will fade n gtronic will back to rm 1.50 !