youngheart

youngheart | Joined since 2017-09-26

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2017-10-12 17:16 | Report Abuse

In his article dated 10/10/17, the blogger, limwy94, seemed very critical of MMSV, especially the age of its management team and its R&D, although MMSV had recently turned in record-breaking revenue and net profit in the 2nd quarter of 2017. As such, I'd like to differ. From the comments made by Mr. Sia Teik Keat in the article titled "MMSV looking forward to the next procurement cycle" in The Edge Weekly for the week Aug 21-27, he talked every bit like an expert - as he should - about the market/industry MMSV operates in. Coincidentally, at age 64, Mr. Sia is as "young" as Mr. Xi Jin Ping. Look at how much progress China has made since he assumed power 5 years ago and without a doubt, China will overtake USA in the coming 5 years of Mr. Xi's leadership. The piece of advice here is "do not get into age discrimination or any sort of discrimination". It would be too simplistic to assume a linear relationship between a company's R&D expenses and future earnings. There are other factors affecting profitability as well. Through Mr. Sia, we see that MMSV's R&D dept has been keeping abreast or even ahead of industry trends and technological advances in order to meet changing customers' requirements. The blogger suggested that MMSV was standing still, waiting for customers to come. Well, as mentioned in The Edge Weekly article, Mr. Sia is not only optimistic of 2017 performance, he's also confident of the company's prospects for 2018. Isn't this a reliable enough forward guidance, coming directly from the "horse mouth"!

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2017-10-10 13:50 | Report Abuse

MMSV share price appreciation should be viewed in perspective. Most tech shares have gone up too. One such stock went from year low of 5.5 sen to 40 sen. Based on the YTD financial performance and future business growth prospects, there's still great possibility for MMSV price to scale new highs in near term. Patience shall be rewarded.

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2017-09-27 17:15 | Report Abuse

Looks like tech stocks are pretty much still "alive & kicking" ......

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2017-09-26 22:39 | Report Abuse

Does MMSV provide testing equipment to other smartphone manufacturers such as Samsung?