Skp always steady . Fundamentally strong. And Dyson can’t afford terminate all contract cos there is big demand in thw world and not others factory can simply manufacturers Dyson product overnight. I think Skpres is a better bed.
The only news that can move SKP now is actually they get additional contract from Dyson, but it looks dim after Andy Hall would like to do more force labour audit on Malaysian firms.
Andy Hall, ILO charged forced labour allegations on EMS industries, first victim Ataims, then now VS, next shouks be SKP... trade cautiously on Monday morning..
Some one suggested the only way to make those poor but ungrateful migrant workers happy is to grant them all the citizenship of Malaysia and to treat them with Bumiputra status, so no more worries from migrant workers to complain about forced labour allegations issues to Andy Hall and ILO forever, at the same time no more shortage of people working in Plantation, Glove, EMS, Construction sectors, isn't it perfect solution..
This son of a gun said already established a good network of whistleblowers among foreign workers which is his powerful nuclear weapon that can be used to blow up any factories in his subject of interest
If our Malaysian government thinking that migrant workers complaining abuse and forced labour allegations are true, then we Malaysians are cruel and heartless people who likes to abuse migrant workers now and then..
Dyson have to come out to defend maybe skp only if not who going to manufacture the product .. high demand in CNY season especially China market … Dyson can’t afford this .. No other factory also can produce the product overnight if all malaysia factory stop because of this labor problems. I think maybe government also will step in to defend too . Skp still the better bet .
don't think VS n SKP can filled d voids/orders contracted by DYSON to ATA (imagine 80% of ATA's production), that's why they gave ATA 6 mths to comply! moreover, VS n SKP hv their current n new customers orders to fulfill! DYSON will eventually faced big difficulty to meet their customers orders! maybe will plead n goes back to ATA but at higher ASP!
Dyson very smart mah....they say termination in 6 mths time...giving them time to sort out loh!
Posted by investor2021trading > Dec 4, 2021 1:03 PM | Report Abuse
don't think VS n SKP can filled d voids/orders contracted by DYSON to ATA (imagine 80% of ATA's production), that's why they gave ATA 6 mths to comply! moreover, VS n SKP hv their current n new customers orders to fulfill! DYSON will eventually faced big difficulty to meet their customers orders! maybe will plead n goes back to ATA but at higher ASP!
VS result will out around 2 weeks times . Skp doing quite steady last month result but Not Ata . So this have show something happen last 3-6 month ago. If VS result is bad mean they had problem Skp still the better bed
0 debt positive cash flow not mentioned by Andy Hall in the conference good boss good management Potential ATA business diverted to SKP 1 to 2 more factory expansion on the card good dividend
ESG issue is a very subjective subject unless u build the 7 stars hotel with meals cook by 7 stars chef to accommodate all these banglas. They will never satisfy with whatever we provide them
never trust this Andy Hall! u think he is genuinely helping d Bangla or come here to make personal gains? first to blame is d govt for not taking immediate actions to stop Andy Hall from smearing n distorting our country's labour issues! our govt should protect d companies affected by barring him from causing further disruption to their operations!
Befriending n complying to his activities is likened to "Nursing A Snake In Ones Bosom"!
@pang72 why you need to delete your negative comments regarding Skp. I been buying this stock since 2009. They are fundamentally strong and they have good management team. I still remember someone told me about this stock … keep .. long term investment.
SKP. and VS. hope to take advantage of the downfall of Ataims due to loss of big Dyson contract by having friendly relationship with migrant workers God father Andy Hall, this type of backstabbing is not our culture and tradition , we Malaysian should be unite together against big bully like USA. or UK. and even ILO..
Ataims up and Vs and Skp down, punishment from our rakyat powers that we should not sell our country dignity to foreign powers like Andy Hall or ILO...
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....
Hotstuff
3,285 posts
Posted by Hotstuff > 2021-12-02 16:58 | Report Abuse
what forced labour who cares? stock trading is about making profit. price drop without any reasons I don see no reason to buy in loh