Information extracted from The Star " Executives close to Dr Yu said he was keen on Imaspro because it had cash backing per share of about 64 sen each and a stable business in supplying fertilisers and pesticides.
“Imaspro is the only Malaysia company whose Glyphosate product is of proven equivalent in the EU countries. This enables Imaspro to export to Europe. As a medical doctor, Dr Yu would appreciate the proven equivalent factor,” said the fund manager."
The face and spirit of Imaspro has consistently been that of its managing director and founder, Tong Chin Hen.
Some people view Imaspro as a one-man show as Tong has more or less been solely responsible for the growth of Imaspro to becoming a leading exporting pesticide player in Malaysia.
Tong is known to fly across the globe every other week selling fertilisers and closing deals. Imaspro exports to 30 countries.
Tong has been solely responsible for the growth of Imaspro into a leading exporter of pesticide in Malaysia. Tong has been solely responsible for the growth of Imaspro into a leading exporter of pesticide in Malaysia.
He has single-handedly led Imaspro to break new markets and increase its overseas presence despite growing protectionism in this segment. “He is very savvy and can talk to anybody. His networking in the international agrochemical business is very strong,” said the fund manager.
Tong is also the biggest shareholder of the company, and holds 40% in the company via his vehicle Swiss Revenue Sdn Bhd.
Business-wise, Imaspro is principally involved in the manufacture of pesticides and plant micronutrients, and the distribution, agency and trading of pesticides and other agrochemicals.
It has a further edge in the form of 277 product registrations in the domestic and overseas markets.
It is this 277 product registrations that has enabled Imaspro to secure new markets, particularly in the eastern European countries.
It also has a 43-acre research centre in Jasin, Malacca.
It looks share price consolidation will be over soon. I don't buy much too but I want to bet its coming QR results .Let's see how the big players control the price.
the volume is less and not really active, although the price is hiking higher... isn't this shows that the market participate of retail is low ? or some one is grabbing a big part of it ..
M sick, sick, sick....call for the doctor, quick, quick, quick..... Medication : BONUS ! BONUS! BONUS! haha....SHARE SPLIT! SHARE SPLIT! SHARE SPLIT! Plus SPECIAL DIVIDEN.....hehe!!!
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....
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Posted by Up_down > 2015-07-27 00:41 | Report Abuse
Information extracted from The Star " Executives close to Dr Yu said he was keen on Imaspro because it had cash backing per share of about 64 sen each and a stable business in supplying fertilisers and pesticides.
“Imaspro is the only Malaysia company whose Glyphosate product is of proven equivalent in the EU countries. This enables Imaspro to export to Europe. As a medical doctor, Dr Yu would appreciate the proven equivalent factor,” said the fund manager."