With its diversified and experienced manufacturing capabilities, Ge-Shen Group is a trusted partner within the global supply chain for various industries. Ge-Shen Group is a competent, certified and innovative provider of comprehensive engineering services and component manufacturing.
haha i kena burned badly by this counter before. remember that date 15/11/2017 when the share price suddenly dropped in the afternoon before a very dismal quarterly result announcement that night. guess someone acted on inside information? who thinks this won't happen again?
Guys, this geshen is not sitting and doing nothing.
Very impressed with their constant update of website content of what they can offer and add value to customers. I predict we can see something by end of this year.
So far, the key factor that management is always very conscious of is the Covid issue and how it may flare up again and how the governments (both ours in Malaysia and other countries ) intend to respond to the threat of Covid. The uncertainty of restrictions of movement may affects consumer behaviors in the Western economies while we may be directly affected through restrictions on hours of operations or indirectly through the restrictions on availability of labour. Thus far the order pipeline looks cautiously optimistic as orders from existing customer continues to be fairly normal while new customers and new models have contributed to a generally stronger pipeline. Naturally the cyclicality of order flow is still expected to be a factor a we approach the year end and the Chinese New Year period. Successful certification for ISO 13485 for the Johor plastic facility adds to our capability to bid for medical parts adding to our existing capability in Penang which have been active on medical parts. While eschewing the large-scale capex spending of previous years , the management is looking at making incremental capex to selectively debottleneck capacity limitations in certain moulding capability to allow for higher production capacity. The metal plant in Johor is also forecasted to improve its sales and with it the management aim for the plant to be operating more optimally. As a Group, management is still continuously emphasizing on improving the cost of quality as well as manufacturing solutions in an effort to improve margins however the situation with insufficient labour is an unnecessary distraction. The management is also paying close attention to cashflow and how the business should be more cash optimized and keeping the gearing and leverage in check as the reliquification of the balance sheet continues through the higher run rate at all the factories
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....
godhand
1,944 posts
Posted by godhand > 2018-11-09 09:25 | Report Abuse
the price wont go down more. it will stay above 80c. bought more