Last Q fcf still can cover lease liabilities. But this Q fcf can’t even cover lease liabilities, need 130m loan to cover. Some more l&s borrowings all increase 500m+ & 200m+ respectively. Next Q apa akan jadi ya ?
3 years back I was considered to buy mother or wf. I make many possible roi calculations and scenarios and finally I choose to buy wf. You know what the roi is actually not deviated too much compare mother and wf. The only difference is the initial invested capital is lesser by half if I bought wf at that time.
As far as what I know. When technology progresses, Scicom has always been at the forefront of supporting and adopting innovative solutions. AI is also one of the many tech innovations that SCICOM may use moving forward. I think for SCICOM AI technology is an enabler and through their deep domain expertise in various industry verticals is the precursor for the effective use of AI tools for their customers.
MYEG in recent years has been pouring a lot of money to build up their blockchain technology backbone or the infrastructure required such as setting up nodes in various places around the world and the money is still insufficient as it recently wanted to issue a 1B sukuk. Nevertheless they are progressing up infront of many other's company in Malaysia or even in the Asean region on Blockchain and Web 3.0
They are now started to implement and integrating this technology into their existing and also expanding into other business where blockchain technology has an edge over the others. Who is interested can just use google search or chatgpt to see what is the field where blockchain technology can be integrated in and you can see how potential it is compare to our current practice in the business world.
Whoever think any other company can replace MYEG in our government tech related business in terms of speed and cost will be disappointed and we can foresee MYEG will keep on getting government contract may be not only in TPD and Immigrations it might also goes beyond that.
Remember cryptocurrency are built from blockchain technology BUT blockchain technology isn't just cryptocurrency!
I think consensus expectations are a bit on a high side pertaining to this QR. Hence prices would have come down a bit in the near term while waiting to see how their blockchain tech perform and expand.
Not many knows how blockchain tech could actually enhance and elevate the speed of business in many ways and this is what Myeg is trying to accomplish.
It's difficult to know how is the luxury coffee machine market trend for those not in the industry like me. But for sure UCHI management is an integrity teams who work tirelessly to maintain their top notch coffee machine tech and hopefully they would have actually ventured into more industry for what they can achieved and do not relying in one industry.
West Coast Expressway will be fully opened by 2024 and no doubt initially the interest expense will be higher but it would not take long until company could dispersed some of the toll collections into dividend payout as the whole project ROI has been carefully calculated. This is the best time to collect more if share price maintain or even better if lower.
Whoever think to stand sideline until it take profit will missed the boat especially those short term this company is not suitable for them.
Share price movement is quite consistent with the market expectation. Astro subscribers are dropping 2% every quarter and only god know when the drop will be stopped due to new tv setup box which is cheaper and no monthly subscription fee required. With that share prices wouldn’t be excited even coming QR shown good result compare to the last.
No doubt for year 2023 will be quite challenging for Uchi, however given that their customer is considered one of the best in the coffee machine market. Consensus estimate world coffee machine market will growth about 4~7% CAGR and this might mitigate some of the taxation issue and over the long run it is good as not to rely on pioneer status for bottom line growth. A single customer is the risk on Uchi as like ATAIMS and this is why market doesn't give a high PE ( 30+ ) to Uchi. Nevertheless they have been in the market for over 30 years and work very well with the customer not only based on the requirements, they co-develop the module with their customer and the design normally would take years and switching them with new EMS is just quite unlikely.
KC Chong, I3investor forum is a free platform for anyone to publish their idea/suggestion/opinion/etc. It is no good to bad mouth on anyone even though you dislike his writing. Peoples who read his articles will judged by themself what next course of action and they themself take the responsibility. You couldn’t blamed others for your own action. I still believed you are a good investor but not a great one. Take good care.
AUDIO & WEARABLES Our Audio & Wearables sales increased 94% and 69% in Q4 and Fiscal Year 2021, respectively. Blue Microphones and Retail Headset sales more than doubled in the quarter and full year as demand for streaming more than offset an expected decline in Jaybird sales.
Bunkering business is always considering as a higher capex business with very thin profit margin, thus higher depreciations and if couple with higher finance cost would easily wipe out any thin profit margin generated from even higher top line achieved. We shall see how true it is by watching coming few more quarters result.
It is not irrational for WC nor the company didn’t do share buy back at the current pandemic situation, as the use of cash flow now is to save the company of so many employees rather than save the share price.
cola they have been in the right business many years ago, with CKV leadership the results were mixed but still generating not too bad profits. Going forward, without CKV can they still performed the mixed results as previous or they are able to outperform in the semicon related market ?