@hng33 *Shelving and storage solutions* The demand for shelving and storage solutions is expected to slow down due to festive season at the beginning of Q2 2023 and will likely weaken further on the back of slowing global economic outlook coupled with higher interest and inflation rate that pose significant growth headwinds. Businesses will lower their stock levels and slow down expansion projects. Accordingly, the S&P Global Malaysia Manufacturing Purchasing Managers Index (PMI) at 48.8 in April 2023 indicated challenging business conditions and demand remained subdued, pressuring firms to limit production and scale back their purchasing activities.
Bought MORE @ 32c, crossing 130k shares for the first time ever...they SOLD almost all their ships at the peak of the bulk carrier market, and now I'm gonna raid their kitty for the cash from those sales while waiting for the price to rise back above breakeven, which it most definitely will! Ganbatte Teraoka, Sekonic & Nishishiba!!!🤗
Re-deployed the capital released by 7-dividend-earning PBA & 5-dividend earning KPS into more of an investment that will give me yet another bumper dividend, this time well before Christmas!🤗
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oskchoon
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Posted by oskchoon > 2023-02-17 23:34 | Report Abuse
The biggest major share holders are buying at 0.425 and we are buying at the open market at 0.36 to 0.375...what going on...