COMPLETE LOGISTIC. As the name implies it has LOGISTIC BUSINESS that is COMPLETE
ALL ENCOMPASSING LOGISTIC ON SEA AND LAND. FROM WAREHOUSES TO MORE BONDED WAREHOUSES
ITS SET UP IS COMPLETE. MORE SO IN THE AGE OF THE FOURTH INDUSTRIAL REVOLUTION OF THE DIGITAL ECONOMY!
At the turn of the last century with the advent of the Motor Car - horse drawn carriages were rendered obsolete.
So ECommerce will render the traditional way of shopping obsolete. New forms of businesses have emerged. Those that embrace change will survive. Those that clung on their old ways like TOYS R US will die. And with the Direct Sale of Goods from Factories/Warehouses to homes - the Middle Men of Wholesale and Retail Sale from Shopping Malls will be bypassed - leading to the Closure of Malls One by One all over the planet earth.
The Two Key Words of ECommerce is The Saving of TIME & MONEY (How much? Expect to work only 3 hours out of 13 hours. And Savings from 30% to 80%)
A Conventional Business needs a Huge Store Front. Mostly in Expensive Shopping Malls. It has fixed opening hours: 9am to 11pm? Sales persons are employed to man these goods whether there are customers or not. So You Spend A Fortune in Rental. You also spend a Huge Amount of Time Waiting for people to come.
ECommerce Reverses this process
No Need to rent Expensive Shopping Mall at Rm20 psf to Rm30 psf. A Warehouse at Rm1.00 to Rm1.50psf will do. Only 5% or a fraction of the cost.
And no need to employ Sales Troop entertaining walk in customers - sometimes none at all at a prolonged period.
Only a few factory hands are employed to wrap & send the Goods in Store. And Goods go to Customers direct. Not Customers come & search for Goods.
GOODS GO TO CUSTOMERS DIRECT?
YES!
Last time we spend hours waiting for Taxi on Road Curbs. Now Grab Taxi comes straight to our Door Step.
Last time we go shopping for Goods. Now ECommerce deliver them right into our homes from Warehouses.
Same goes for our groceries. Red Mart will deliver Vegetables, Rice, Milk, canned food and all sundry stuff right to us.
2 Guys saw the long queue at Money Changers in Singapore. So they an idea!
They started Currency Exchange Home Delivery On-line.
Now no need to "GO" to Money Changers across traffic jams & long queueing to change money.
They "COME" to you.
Hungry?
Uber Eat & Panda Food deliver hot meals to "You" at home or office.
Even SingPost has now started a new innovation - A Mini Post Office in Every HDB Housing Estate.
Now you don't need to "Go" to the Post Office. The Post Office has "COME" to you. And you don't need to wait for the Postman to come either. It might take hours during the day as traffic is heavy. But with Your Neighbourhood Mini Post Office he can deliver it anytime at his earliest convenience - 12 noon, 3pm, 6pm, 9pm? Or midnight, 2am, 4am or 6 am also no problem when there is no traffic jam.
You can reject the delivered parcel if you are not sastified back to the locker. And you can also send letters or parcels. Just like sending them in a Normal Post Office.
This concept is a Total Revolution of how we do business.
Last week in Singapore my computer CBU failed. So I went to Jurong Point to shop for a new one.
Ha! The cheapest one from CHALLENGER (Computer shop) Cost S$800 or Rm2.400
Then I checked with LAZADA (Spore). I got one for S$170 (about rm510). That's A Nice saving of almost 80%
But the brand I bought from LAZADA is about S$400 among less expensive Shopping Complex. So still save by more than 50%.
Last year I bought 3 Airconds for my house in johor
THE FIRST ONE I BOUGHT IT FROM A SHOP IN TAMAN PERLING SELLIING ELECTRICAL GOODS
COST OF INSTALLATION WITH MIDEA AIRCON 1 HP SPLIT WAS RM1,000
THEN I SEARCHED ONLINE IN LAZADA (MALAYSIA)
I GOT 2 YORK 1 HP SPLIT AIRCOND FOR ABOUT RM700 EACH. THEN I CALLED MARAN THE AIRCON GUY TO SET IT UP FOR RM250 COST. TOTAL WAS ABOUT RM950
SO BY BUYING ONLINE I GOT A BETTER QUALITY AIRCOND AND CHEAPER!!
NOTE
IN LAZADA RIGHT NOW MIDEA 1 HP SPLIT AIRCON IS SELLING FOR ONLY RM595
3) ON 28th March 2017 Complete Logistic share price closed at Rm1.09. Today it is only 56.5 sen (Price crashed by 49%)
So We are Now Buying It at even cheaper by 49% with increasingly bright prospect of Jack Ma Officially Launched the First Digital Free Trade Zone in Malaysia (Outside China)
4) While Its Share Price has gone down by 49% the NTA of COMPLETE has gone up from Rm1.05 to Rm1.12 (Up 6.6%)
Why NTA grew?
Answer:
COMPLETE LOGISTIC BUILT AND 2 MORE WAREHOUSES.
Management cautioned that both Land & Sea Transport are stagnating so they did not expand more Fleet of Ships or Trucks but Built New Warehouses in Strategic Locations in anticipation of the surge in Warehousing Demand
And they are Chun Chun Indeed!
See
Warehouses reach for the sky as urban demand soars High occupancy rates in big economies are driving a wave of investment in the
4) While Its Share Price has gone down by 49% the NTA of COMPLETE has gone up from Rm1.05 to Rm1.12 (Up 6.6%)
Why NTA grew?
Answer:
COMPLETE LOGISTIC BUILT AND 2 MORE WAREHOUSES.
Management cautioned that both Land & Sea Transport are stagnating so they did not expand more Fleet of Ships or Trucks but Built New Warehouses in Strategic Locations in anticipation of the surge in Warehousing Demand
And they are Chun Chun Indeed!
See
Warehouses reach for the sky as urban demand soars High occupancy rates in big economies are driving a wave of investment in the
Did you all notice how many shares are traded. Who are the buyers except the members here perhaps? Please don't follow blindly, be wise and play smart. Nothing is free and what more easy money to make?
Every quarter this company makes less than 1.5 cents per share and you all chase everyday with 3 cents and more up? Is it possible for even a good small cap company to rise so fast without any good news for the company? Think my friends? In the end somebody's going to get burnt.
FORWARD-LOOKING STATEMENT Logistics Segment In conjunction with the recent completion of our 70,000 square feet warehouse at Pulau Indah and 155,000 square feet warehouse at Port Klang Free Zone, we are optimistic and confident to expect a positive growth and contribution by the warehousing sector to our Group in the next financial year since both warehouses are already occupied by new customers. Along with these new customers, we are expecting additional support to our haulage and forwarding services and thus are optimistic that these sectors are able to maintain a stable growth in the next financial year. At present, we have planned and executed an additional 110,000 square feet of warehouse space through two new warehouses measuring 41,000 and 70,000 square feet each, positioned within the Port Klang Free Zone and Pulau Indah area respectively, and targeted to be completed within the next financial year. As for the lorry transportation sector, we remained optimistic while getting prepared to weather a tough year ahead due to the uncertainty of the current market condition resulted by the suspension of various mega projects by the government. Strategically, we have begun to downsize our fleet through disposing older and less efficient lorries while continuing to upgrade and maintain the existing fleet. As business grows over time, we will then purchase new lorries to replace the disposed units.
THIS COUNTER IS A VERY SMALL COMPANY AND NUMBER OF SHARES IN THE MARKET IS ALSO LIMITED. UNLESS THE EPS IS HIGH OTHERWISE IT SHARE PRICE WILL BE STAGNANT.
THE WEAKNESS OF COMPLETE LOGISTIC IS THAT THE COMPANY DID NOT GIVING OUT ANY DIVIDENT. UNLESS THE COMPANY STARTS TO GIVE DIVIDENT, OTHERWISE IT IS NO MEANING TO KEEP THE SHARE FOR LONG TERM INVESTMENT.
I had bought quite a lot of shares on this counter, but unfortunately the share price keep moving downwards, it is disappointing. Complete Logistic has good EPS (earning per share and strong balance sheet but the share price performs otherwise, it is the same as ECS ICT, very disappointing). Unlike Complete Logistic & ECS, the other counter Paramount Corporation which I had bough recently, its share keep moving up.
A COMPANY NOT GIVING ANY DIVIDEND HAS NO VALUE, THIS IS THE FEELING OF MAJORITY (LIKE DUTALAND).THIS IS A SMALL COMPANY. WE CAN'T COMPARE IT WITH AMERICA'S CONGLOMERATE.
COMPLETELY QUIET DAY FOR COMPLETE LOGISTIC. THIS IS A PROBLEM FOR A COMPANY NOT GIVING DIVIDEND. THE SHARE PRICE WILL GO DOWN SLOWLY DURING BEARING PERIOD DESPITE STRONG BALANCE SHEETS AND GOOD EARNING PER SHARE,
I HAD SOLD ALL MY SHARES IN COMPLETE LOGISTIC, THE SELLING PRICE AVERAGING AT 0.62, I SOLD OFF TOO FAST AS I DON'T EXPECT IT TO SHOT UP SO FAST. I SHIFT MY FOCUS TO TA AND HASD BOUGHT QUITE A LOT OF TA SHARES.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
bclim_83
230 posts
Posted by bclim_83 > 2018-07-23 13:39 | Report Abuse
I prefer freight management with consistent profit and dividend yield of nearly 5%.