Conclusion: stay away from such companies. Tech companies require talent, legal expertise, money, ability to defend in case got sued, strong internet presence,
Example:
Apple has been awarded $2.3M in legal fees in a California court case. Apple and Cisco were sued over alleged patent infringements relating to point-to-point internet communications.
Just imagine legal fees alone could go to ten million ringgit. This is just legal fees.
Conclusion (another point) 1) no patents yet it’s called tech company 2) asking money to develop things - and no guarantee that it could be successfully commercialised 3) if fail - won’t get any thing - cos Ip are just papers 4) in the game of IOT - where giants like Google etc are competing 5) dropped nearly 70% from the peak and no one saw it as an opportunity 6) small tech companies usually disappear very fast
Arbb last time was undervalued company, now more super super undervalued .. future good prospect!! Net cash com… fat tat lo this time .. money falling from the sky man !!! Buy >,<
Look at the QR !!! Management is good … management are giving a clear sign to us .. jelas tak?? Simple and clear ;) B2. Group’s Prospect ERP and IoT segments are expected to contribute impressive future earnings for the Group.
Enterprise resource planning (ERP) systems are the central hub that runs a business. It is critical to have one based on current technology, which makes it easier to share data across an organisation.
Historically, ERP solutions have carried a high cost in the software, hardware, implementation, and training expenses. Years ago, it was commonplace to hear horror stories about ERP projects that were over-budget, crippled business and took double the time to implement.
It was customary for companies and IT departments to be very gun shy of making any changes. Thus, they kept ERP systems beyond their usefulness and are still running such legacy software.
Today, with the many advantages of moving to the cloud, the efficiency of ERP has brought a renewed interest in replacing legacy ERP systems. Many companies using legacy solutions also have several disparate programs, including a large collection of Excel spreadsheets used outside of the system. These external processes create inefficiencies, increase the chance of human error and still need to be integrated into the ERP promptly.
The pandemic reminded all companies that the cost of downtime is enormous — to the bottom line, customer satisfaction and a company’s reputation. Companies needed 24/7 availability and needed multiple employees to collaborate with team members in unison.
Many companies also needed to adapt quickly – by creating new products, retrofitting their current equipment to make new products, and adding additional production lines. Time was a critical factor in designing, production and distribution.
By replacing legacy ERP solutions, business processes can be adjusted to increase productivity, costly server hardware no longer needed, and upgrades rolled out to an entire organisation easily. Over-budget and lengthy implementations are no longer the ‘norm’ of an ERP project.
The first significant step toward adopting a new ERP system is assembling an effective project team. A well-appointed team can help select the best possible ERP system suited to meet an organisation’s needs and mitigate employee resistance.
Assembling an all-star team for ERP projects is critical to implementation success, and it’s important not to take these decisions lightly.
I wish too... but truth is truth. No major fund managers invested although prices dropping. New competitors will emerge soon. The company doesn’t have many phd holders. Most engineers from tepi Jalan university
Major shareholder Fatty liew holding 11% only may be later he want to increase his stake leh who’s know …. Ppl are suffering now , you cannot so negative punya… >,< Hope lo , pray lo . @@
Stampid54 think: Why international Fund managers never Buy? where as it is too cheap now? I know u r smart and u will Ignore anyone who is not smart like u... But by ignoring the decision of international investors... are u not loosing ?
I repeat: Conclusion (another point) 1) no patents yet it’s called tech company 2) asking money to develop things - and no guarantee that it could be successfully commercialised 3) if fail - won’t get any thing - cos Ip are just papers 4) in the game of IOT - where giants like Google etc are competing 5) dropped nearly 70% from the peak and no one saw it as an opportunity 6) small tech companies usually disappear very fast
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....
line
1,684 posts
Posted by line > 2021-11-10 10:33 | Report Abuse
Patents are costly n no guarantee of commercialisation.... whether software or electronic solutions