If drop just continue buying , they are in FACTORY AUTOMATION AND ATE segment. Lot of growth in this segment. AIMFLEX next QES in making. PRICE very very cheap now.
Labour cost will rise due to government requirement of taking 2 RTK test per week for manufacturing company to cope with Covid-19, company may continue to faces tight profit margin with only 60% labour force & RTK test. Hard times ahead for the company.
However company may have some chance to strive with more company will seek for alternative ways to manufactured their products, ideally to build an automation intensive manufacturing rather than labour intensive.
One of Serbak big share holder - Dato Awang Daub also a main shareholder of Aimflex . pls only consider this stock when Serbak case settle, good luck guys.........
Aimflex has nothing directly or indirectly to do with Serba.... Considering Bawang is only holding .68% of shares and no appointment in Serba it would not badly affect him if worst comes to the worst .he's just like other investor such as EPF.
Share price wise might affect cause who knows. Performance wise I would say "NO" cause Awang just joined the company not so long ago, Awang could hardly make any difference that is deemed suspicious or largely boost the company performance. If Awang really bouta do some "magic" in company statement, Aimflex wouldn't have 18k profit. For now, Aimflex current QR is backed with reasonable explanation and forward QR for most manufacturing would get affected as well, best to avoid if u holding for short or FIFO.
Aimflex designs, manufactures, and modifies specialized automation machines used in automating manufacturing processes. It operates in two segments, Manufacturing Automation, and Complementary Products and Services.
Aimflex also provides maintenance and technical support services for its specialized automation machines and data management system used for monitoring and controlling of manufacturing processes. It designs and fabricates metal frames, panels, and precision parts; and distributes manufacturing automation hardware and software.
Aimflex is principally involved in manufacturing automation business with a focus on customising specialised automation machines that are used in automating manufacturing processes. Design, manufacturing and modification of specialised automation machines, as well as provision of corresponding maintenance and technical support services, together with provision of data management system (DMS) are the group core business activities. Its products are mainly sold to brand owners and contract manufacturers of home appliances, industrial products, automotive parts and components, which have manufacturing .
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....
Abdulazizba
478 posts
Posted by Abdulazizba > 2021-07-03 13:20 | Report Abuse
If drop just continue buying , they are in FACTORY AUTOMATION AND ATE segment. Lot of growth in this segment. AIMFLEX next QES in making. PRICE very very cheap now.