Athmest Soon Boon's comment on D&O. All Comments

Athmest Soon Boon
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something is not right with this counter....result good, making profits but value down by 45%...
cheng
soon boon holding D&O also? unbelievably bearish. testing weekly 200 days MA. added some today at 0.54 cents to lower down my average.
1 Like · 5 years · translate
Athmest Soon Boon
i bought in at .55...so i m not that bad in this position
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cheng
nice. probably have to attend next AGM to really understand how the board is handling the situation. :)
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Athmest Soon Boon
i dont see any reason for ig to drop 46% ov its value...
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cheng
indeed. probably sensitive to regulatory policies and authority like the trade wars. Though it's not automotive but it is part of it and hence cyclical in nature. welcome on board to D&O. more eyes to watch it's business and financials.
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Athmest Soon Boon
i would say that fair value for D&O is .80
1 Like · 5 years · translate
cheng
Ok, thanks. the only good news from authority this week is that China is opening up a key part of it's EV industry to global competition - EV batteries manufacturers. No foreign companies were in the list of gov subsidies previously. the gov is scrapping the certified list for the subsidies. and will be replacing the subsidies with credit rating system.
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cheng
hopefully, with open market comes competition of better EVs and more consumption of LEDs lighting. it is said that LED lights on EV can help it to run almost 10km more on a single charge.
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Athmest Soon Boon
thanks cheng for the information
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Lee Chi-Wing
Hi cheng, been looking at your comments for a while, just wanna state a good fact regarding to the recent AGM was that no shareholders express their dissatisfication towards the company and the share price, the situation of the AGM was relatively peaceful and seems everybody was satisfied with the upcoming prospects, so yeahh.
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2 Like · 5 years · translate
cheng
hi Chi-Wing, sounds good. any updates on further capex? hopefully all is progressing and no further new capex on building. If it is just fitting it with equipment and processes, it wouldn't cost much :)
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Lee Chi-Wing
Well, the most recent acquisition was the building just right beside their factory, so far I think their position in the market still remain a strength for D&O group. Prospect wise and all seem in tact with current demand and trend. Currently still studying the reason behind why the share price plunging like this.
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cheng
Ok thanks Chi-Wing.
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Kent Lim
Hope that it keep the momentum going up! Go go go, a green light for tech stocks
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Athmest Soon Boon
coming coming ...80
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cheng
congrats, Soon Boon and everyone. :)
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Athmest Soon Boon
thanks cheng u too..
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cheng
thanks, Wang. roads ahead still choppy :) manage the downside well and still need everyone to keep an eye on the business.
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Tan Jack
d&o wave 2 start
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JH Yap
KWP keep play self trick
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