A few days ago, one Engineer and his wife visited me. About 10 years ago, I gave his wife a scholarship to study accountancy. She married an Engineer. Both of them are working in Johore. She is teaching in Sunway College. The Engineer told me that he is currently working for a contractor who has a multi-million Ringgit contract to design and build a prefabricated steel factory in Johore for a big Taiwanese computer chip manufacturer.
AYS can also prefabricate steel buildings to make more profit. I like to suggest that AYS engage an Engineer to design factory buildings of various sizes and spans so that the company can quickly prefabricate them for sale to save time and cost.
There is always a market for prefabricated steel factories.
I also like to suggest AYS open a branch in Indonesia and Vietnam to sell prefabricated steel factories.
I just Googled and I saw all these prefabricated steel structures below:
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After the stock closed yesterday, KSL announced its 4th quarter EPS which is 40.76 sen and its net tangible asset (NTA) backing of Rm 3.65. Its profit increased by 230% more than last year.
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Take-over Wong Engineering is a faster mode of expansion into fabrication of steel structures.
2021-11-25 15:36
This proposal of building pre-fabricated factory buildings was long implemented by the Lion Engineering Sdn Bhd , a subsidiary of the Lion Group. At that time it was 30 years ago. I worked there as an Accountant and we successfully built one big pre-fabricated factory for LB Aluminium Berhad in Beranang and the Silverstone Tire Factory in Taiping. Lion Group Berhad did tied up this idea from the Arab but it was not successful till now. So Koon Yew idea is not new at all. Hahahaaa
2021-11-25 18:06
Kyy u talk cock again? U are really an old cock!
I hope ays margin will make u lose all ur finance!
2021-11-25 20:53
abang_misai
Thanks Koon for the extra info on AYS
2021-11-25 07:27