20% profit margin is considered good. Perhaps you should ask yourself this: With the fund raised from the listing, are you satisfied and convinced with their plans ahead i.e. to pay off debts, to increase capacity, to expand.
I think in the longer run, once new machines are acquired, the increased capacity will have a positive impact on its earnings and profit margin. It could have been higher than 20% but it appears that cost for rigid boxes are slightly higher for the last QR.
Low volume correction. Collection during correction. Does not matter where you buy at 0.745 yesterday, 0.68 today or even 0.64 tomolo. Because high volume will return n it will move higher than 0.92.
You should check in on some of those fields below.
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Posted by Newtradee > 2021-01-22 20:57 | Report Abuse
Prospectus say 100mil revenue with gp20mil. Is this consider ok for the price now?
I m noobie so appreciate sifus guidance. Thank you.