CreativeAnalyst

I started off by searching for Abigail and realize she was an American billionaire businesswoman. Since 2014, She has been president and chief executive officer of American investment firm Fidelity Investments and chairman of its international sister company Fidelity International.

For the board member, they have TAN SRI DATO' AHMAD FUZI BIN HJ ABDUL RAZAK which work as the chairman. Tan Sri has many designations in various companies. He was previously the Secretary-General of the Ministry of Foreign Affairs Malaysia.

Looking at the quarterly result, in the 2020 1st quarter it seems they were making a huge profit but upon checking the financial report from KLSE. It was told that there were dispose of process equipment segment amounting to RM 6.09 million and increase in sales from transformer and lighting segment. So, if we minus Rm 6.09 from 11.31 mil, it means their actual profit is only 5.22 million which is similar to the profit generated for 2019 first and second quarter.

The lower in revenue for the FYE 30 June 2020 was mainly due to discontinued operation of the process equipment segment
as a result of the Disposal and lower sales recorded in transformer and lighting segment.

Looking at the cash flow statement, it has a positive cash flow even during MCO lockdown. For a company like this with good records, good management, good finances, and good prospects, it is worth my attention to pay more attention.

So, moving forward what will be their revenue stream?
1. Replacement for the LED for existing customer/ new customer
2. Oversea orders for street lighting
3. Involve in the smart city project
*4. Work with respected organizations in the Electric Vehicle (EV) market to
develop and supply both custom low and medium-voltage transformers and substation lineups for integration into electric vehicle charging systems.

*assumption only

2021-07-23 10:19