They are middle man so it depends how much supplier charge them then they will pass to the customer (believe a portion of it). so it will more or less affect their margin
VND borrowings are repaid from revenue in Vietnam if I am not mistaken. It is the USD exchange rate has increased roughly 5% against the ringgit, this is a bit to worry about.
Samchem was recognized by The Edge Malaysia Centurion Club Awards 2022 yesterday, at a ceremony graced by the Minister of Finance, as the best overall performer among companies listed on Bursa of less than RM1 billion capitalization and named Centurion of the Year!
@bluetulip Doesn't speak well for the awarding agency hahaha. Then of course there are the shorties. At this price, v good opportunity to pick up some shares. Still decent company with regular dividend payout.
Looking at the whole year profit, significant contribution by gain on disposal of PPE, reversal of inventories impairment and forex gain. Still to be seen on the business improvement.
Looking at the whole year profit, significant contribution by gain on disposal of PPE, reversal of inventories impairment and forex gain. Still to be seen on the business improvement.
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Posted by All_in_2021 > 2022-05-09 15:22 | Report Abuse
how low can it goes..