Mana Ada good new oh. Scaling down on batu kawan factory and using the savings to setup RnD facilities overseas. Means the near term prospects is no good
have you read the details? hihi, cut office and staff recreation place, maintain the manufacturing and R&D centre. moeny saving spent it to build the engineering centre.
Money saved will b utilised to set up R&D in China, Taiwan & Korea. SemiCon talents r easily available in these regions. Only new products that can keep up with the fast evolving semicon industry can keep MI business sustainable. No pt to keep increasing manufacturing floor space. Once it's products become obsolete all these floor space will become waste. Kudus to MI management team.
Recently many co have set up new plants but failed to deliver results. They claim that new plants improve production n cost effectiveness but they turn in red QR. Reason is improvement is too marginal n can't even offset the new plants depreciation cost. What a joke!
MI is v prudent when come to fund utilisation n business expansion. I like their style. 没这么大的头不要戴大帽。They r also visionaries in future tech development. Look at USA tech giants. They emphasize on design, IP n outsource most of the manufacturing jobs. MI should mimic the USA firms rather than continue being a 3rd world country 'robot'.
Trader choice of company Spending shareholders' fund lavishly. Boasting about what they do to catch market attention.
Investor choice of company Prudent when come to shareholders' fund utilisation. Humble n down to the earth. Not concealing the truth. Visionary n always emphasize on sustainability.
agree with @monetary, MI knows how to allocate their funds wisely as blindly putting all funds into capex will likely just lead to underutilized n depreciation
https://asia.nikkei.com/Spotlight/Cover-Story/Inside-Huawei-s-secret-p... and if MI is one of the beneficiaries, this share will more than double................................................................ps...I have no inside information, I just speculating................................................
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
GooShen
5,400 posts
Posted by GooShen > 2019-09-03 22:46 | Report Abuse
US market is too bad. Tomorrow this counter will slump ! Stay away and don’t touch.