The logistic challenge is true, because the freight charges has double up.
As this type of products margin not very high, so when the freight charges increase a lot, it will affect the delivery, as the company / buyer cannot book the shipment, they tend to delay the shipment or alternate for non-primary route with lower freight charges.
Share price RM1.00. Dividend yearly around 3%, better than bank FD interest. Now is the bad time, u get 3% dividend yearly. What if they distribute more dividends coming QRs? Net cash company with good dividend. Is it feel better now?
Wow, my favourite Superlon result out d. QoQ and YoY both increase. Very good. Stable company.
Coming quarter Feb'21-Apr'21 should be perform better, as the economy start to recover, no more MCO 2.0, many office has back to operation, school also resume d...
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....
Albukhary
3,043 posts
Posted by Albukhary > 2020-12-18 22:10 | Report Abuse
The logistic challenge is true, because the freight charges has double up.
As this type of products margin not very high, so when the freight charges increase a lot, it will affect the delivery, as the company / buyer cannot book the shipment, they tend to delay the shipment or alternate for non-primary route with lower freight charges.