"........ Growth drivers. SIAB’s growth will be dependent on: i) construction of storage facilities following purchase of land, ii) participation in tenders for higher value high-rise construction projects, iii) expansion into civil and engineering segments, iv) purchase of new construction machinery and equipment, v) expansion of its technical team, and vi) investment in building information modelling software.
Competitive strengths. SIAB’s competitive strengths include: i) established track record in building construction segment, ii) qualified and experienced management and technical team, iii) commitment to quality construction works, safety and environment, together with iv) capabilities in carrying out wide variety of building construction.
Catalysts. Key drivers may include: i) government-led initiatives and spending, provision of incentives as well as financing, ii) favourable interest rate environment, and iii) steady population growth.
Key risks. Key downside risks, among others, include i) competition, ii) dependency on the supply of foreign workers, iii) dependency on services of subcontractors, iv) availability and fluctuations in construction material prices, v) possible delays in the completion of construction projects and potential reduction, termination and/or revision in the scope of work, and vi) exposure to delays in collection or non-recoverability of trade receivables."
From IPO till now,0.31 to 0.145 . Many ppl still dont think this is a con counter during Mco. Company needs cash flow need money . Many ipo lately publish, thats theb reason i can think of
Please do not buy this stock at the moment, serious cash flow problem. They are asking their project developers to release monthly payments earlier due to tight cashflow. Very dangerous, may not recover so soon. Also every project of theirs are behind schedule, and will get hit by LAD.
potentially 3 bottom form? this year April got a DBT at cost 0.13, means currently at new shareholder cost price. Lets see coming august result got improvement or not, if yes then share price likely bottomed
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....
kitmanworld
245 posts
Posted by kitmanworld > 2022-05-11 11:39 | Report Abuse
This counter, risks more than catalysts.