#Net cash position & supported by 2 factories worth RM50 million
#Backed by Shenzhen listed Ninestar Corp, the global leader in the provision of printing and imaging products
#Jadi has become the first toner manufacturer that Ninestar has participated in an equity stake and preferred supplier of conventional and chemical toners
#Static Control Holdings Ltd (SCC), a wholly-owned subsidiary of Ninestar Corp took up a 9.09% stake in Jadi for 13 sen. SCC will also have a board seat in Jadi.
#Based on the committed buying volume from Ninestar, Jadi will supply SCC a total of 250mt of chemical toners in the first year, starting in April next year, followed by 325mt and 420mt in the following years.
Expected revenue contribution:
FY21: RM25mil
FY22: RM32mil
FY23: RM43mil
#Gross margin is anticipated at some 30%.
#Jadi has on July 9 ventured into the premium stationery segment
#It is partnering with Ningbo Deli, the largest stationery manufacturer in Asia with more than 2,000 products sold in more than 100 countries, 6 continents through 7 facilities
#Jadi has the exclusive rights to sell Deli's Nusign range of premium stationeries across Malaysia, following the partnership
#Jadi's chemical toner production plant is completing in the 2nd half of 2020, which is expected to position the Group with favourable prospects in the toner manufacturing industry globally.
#SCC, the wholly-owned subsidiary of Shenzhen listed Ninestar Corp is looking to increase its stake in the company
#The group is increasing its efforts in its distribution centre in China. The China market contributed 40% in FY19 from 25% in FY18. With the partnership from SCC, this could increase the contribution to above 50% in FY21
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....
Kirim
330 posts
Posted by Kirim > 2020-07-01 06:12 | Report Abuse
Hahaha,......