Thank you for the friends in this forum for bringing to my knowledge that SIGN is under CHIN HIN group "earlier on" . otherwise I would have missed the boat.
Signature International Bhd is laying claim to becoming the largest kitchen and wardrobe company in Asean following its proposed acquisitions of two Singaporean companies.
The companies that are being acquired in a non-related party transaction totalling S$47.8mil (RM160.48mil) in cash are Corten Interior Solutions Pte Ltd for S$45mil (RM151.08mil) and Areal Interior Solutions Pte Ltd for S$2.8mil (RM9.4mil).
This marks a key milestone for us. In the past 50 years, Italy and Germany have been a market leader to lead the trends in design and product development of kitchen, home and living furniture products.
“In the past 10 years, companies in China have also done quite well. Signature would like to be the first company in Asean, with our base in Malaysia and Singapore, to lead in this space now
This stock appears to offer a compelling entry point rn. With a stable track record and a strong balance sheet, the company has seen earnings grow by a remarkable 106.2% over the past year. Furthermore, in a high inflationary environment, SIGN will benefit from increased sales, potentially driving its financial performance higher (in this financial year). The current share price seems undervalued, making it an attractive opportunity for investors looking for a solid stock with growth potential. Keep an eye on this stock as it could be poised for a positive run in the coming months. 😉
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....
chon99
1,510 posts
Posted by chon99 > 2022-10-19 12:52 | Report Abuse
现在股价是在上升當中.
希望能持久.