hahahaha going to habis soon for this Company's share! It is really amazing that a company with this type of business model can be listed..... What a joke. What kind of fundamentals does it has actually? It really amazes me why it can be listed in the 1st place....!
Remember guys this Company is ONLY a distributor for other companies products and only 10% of the products are its own and only some kind of simple joker product (hahahaha) that can be very easily made by others.
The moment the product owners are not happy with them for any reason they can simply just take the distributorship away and what is going to be left with this Company..... Nothing, nothing at all.
There is NO unique product that it actually makes and owns, only some distribution points and ONLY located in east Malaysia. How can we expect such a company's revenue to grow and how much growth can it make in the long run, not to mention in the short run.
Additional point in fact is that its profit margins are ALWAYS dictated by the principal product owners and can be SQUEEZE anytime to fit their needs. This can be easily and clearly seen in the gross revenue yet tiny net profit.
Final point,.... there remains alot of questions on how the owner manager runs this company to a point where their integrity is being question and dubious accounts preperation.
To me this Company is like the Naked Emperor in the story of the Emperor's new cloths hahahahaha......... Sell Sell Sell Selll Selllll............
Stock: [KTC]: KIM TECK CHEONG CONSOLIDATED BERHAD
2018-10-24 18:50 | Report Abuse
hahahaha going to habis soon for this Company's share! It is really amazing that a company with this type of business model can be listed..... What a joke. What kind of fundamentals does it has actually? It really amazes me why it can be listed in the 1st place....!
Remember guys this Company is ONLY a distributor for other companies products and only 10% of the products are its own and only some kind of simple joker product (hahahaha) that can be very easily made by others.
The moment the product owners are not happy with them for any reason they can simply just take the distributorship away and what is going to be left with this Company..... Nothing, nothing at all.
There is NO unique product that it actually makes and owns, only some distribution points and ONLY located in east Malaysia. How can we expect such a company's revenue to grow and how much growth can it make in the long run, not to mention in the short run.
Additional point in fact is that its profit margins are ALWAYS dictated by the principal product owners and can be SQUEEZE anytime to fit their needs. This can be easily and clearly seen in the gross revenue yet tiny net profit.
Final point,.... there remains alot of questions on how the owner manager runs this company to a point where their integrity is being question and dubious accounts preperation.
To me this Company is like the Naked Emperor in the story of the Emperor's new cloths hahahahaha......... Sell Sell Sell Selll Selllll............