sapphire...suddenly vol after news last week Casio already set up company in Malaysia to do away third party....so Malaysia sales will not incl...income equals ..???
sg sales is very important to marco holding malaysia as it increase eps.but if the news is true (they want exclude the sg sales)message from the insider, it may a bad news to us and shareholder...
Sapphire, are you sure they are going to exclude Singapore business (CASIO) from existing business? If so, do they need to obtain grant from shareholder via EGM?
Let's analyze this issue together, how come they can simply exclude a profitable sales from a listed holding company? is the "MARCO MARKETING PTE. LTD" a wholly subsidiaries of Marco Groups? Hope someone expert can explain here...Thanks.
Casio kicked out Marco marketing spore as distributor in spore last year..no more$$$... Current news...this year Casio set up in Malaysia...same fate as spore...after this exercise...chk what is left for Marco
i think Marco will be moving soon (May 2014). As the WA is expiring soon at conversion price 0.10 per share. It is now trading at -3% which is slightly attractive for existing warrant holder to convert it's warrant to monther share. If Marco moving up in next few days (before CNY) it would attract more people to convert to Mother share.
Based on 2012 Annual Report, Singapore segment contributed revenue of RM4.2M vs Total Revenue of RM114.9M. Spore revenue represents ~3.6% of the total revenue.
So, assumed if Spore revenue is taken out - it would be a hit of 3.6% based on 2012 scenario.
anyone can share the effect when Casio kicked out Marco marketing spore as distributor? In Malaysia, estimated ~ 1 mil student per year need to buy the "only approved" casio fx350 or fx570. how is the impact on marco on this when they lose the casio distribution right.
ya. btw Look at Ecofir....practically a straight line up for the past one month! good thing i keep my last 20pct till now. Any other good straight line stock like Yinson, Ecofir bros and sis, pls share!!!!
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messi
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Posted by messi > 2014-01-08 00:12 | Report Abuse
no injury in marco....collected 15sen for dividend if no appreciation.