When market down, there is a lot other better company out there with better future prospects, why u want to waste time in this non develop company with no business. Now they lack of project in hand and mainly rely on retail shops. Profit margin is very low.
the SIGN management need to reinvent themselves to meet the market trend. Selling mid to high end kitchen is no longer a way out for today. There are many more small player filling the niche market by better pricing and customise design. Ikea as one who offer kitchen solutions already setup in JB, with presense in Klang Valley and moving to Batu Kawan by 2019. Homepro also with kitchen solutions that already setup. How is SIGN going to meet the challenge? look at their share price...
This company is a good future like padini last time when price lowest many people said sunset bis but padini keep break high records. This company still got good biz support M
cloths got many competitor .> H&M, giodano renoma seed , gucci , hush pupies But sign so far I still believe is the best renovate kitchen, maybe got other company do this kind of biz but very sorry to say I dun know I only know sign so hold or cut loss be your guest
KUALA LUMPUR (Feb 28): Signature International Bhd saw some 5.6 million shares, representing some 2.5% stake in the company, traded off market at 61 sen, which is at a 3.9% discount to its closing price of 63.5 sen today.
Bloomberg data shows the shares crossed in two tranches of 2.8 million each.
In comparison, only about 328,900 shares were traded in the open market. Signature's shares were traded between 62.5 sen and 64 sen during the day.
The group announced on Monday (Feb 26) that its net profit for its second quarter ended Dec 31, 2017 (2QFY18) grew 18.8% year-on-year to RM3.99 million, from RM3.36 million, as revenue rose 36% to RM55.45 million from RM40.66 million in 2QFY17, on higher contribution from its kitchen and wardrobe segments. http://www.theedgemarkets.com/article/25-signature-international-traded-offmarket
he was "baffled" by the drop. LOL it took him how long to be "baffled"? he waited for the stock to drop from 1.07 to 0.49 for him to be "baffled" any normal listed companies, upon seeing the stock drop 10-15% would come out to say something. His ignorance is beyond comprehension i fail to see his ability to bring the company back to it's good old days. his way of leading the company is no longer applicable. so EPF still owns a substantial share of the company, SO WHAT? All the other funds that bought into the company had left! SMART MONEY HAD LEFT THE ROOM
the board should seek a younger, more capable ceo to lead. i hope he reads this. i hope his people read this. i hope the media read this. i hope he knows how incompetent he was in leading the company. from more than 200 mkt capitalization to less than 150 market cap. #loser even his staff cannot be bothered in buying the company's shares. this proves to EVERYONE how incompetent his strategy and vision is.
#delist #failure #loser #ignorant #useless lol. "baffled" i'm "baffled" by his incompetence, ignorance and uselessness.
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....
poh_83
109 posts
Posted by poh_83 > 2018-02-09 13:43 | Report Abuse
omg break again lowest price :(